Gambia’s economy depends mostly on the cultivation and export of groundnuts in the form of nuts, oil and cattle cake. Forestry and fisheries remain the dominant sub-sectors, providing employment for most of the population. There are some small-scale manufacturing activities engaged in the processing of peanuts, fish and hides. Tourism, groundnut processing and oil milling activities are also worth mentioning. There has been investment in shrimp farming and poultry in recent years. Shoes, cement and bricks, metal works, soap and plastics are among the other manufactured goods that contribute to the economy.
GDP at Current Market Prices: |
415.03 million US$ (2004) |
Per Capita GDP: |
266.12 US$ (2004) |
Share of Sectors in GDP: |
26.39% Agriculture, 14.0% Industry, 54.0% Services, (2003) |
Total Exports: |
170.48 million US$ (2003) |
Total Imports: |
- million US$ (2004) |
Major Exports Items: |
Peanuts and peanut products, fish and fish preparation, fruits and vegetables, hide and skin and cotton |
Major Imports Items: |
Foodstuffs, manufactured goods, raw materials and machinery |
Major Trading Partners: |
UK, China, France, Italy and Brazil |
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