lumber, cashews, refined petroleum, fish oil, ground nut oil
Main export partners
China 38%
India 22%
Mali 7%
Chile 5%
(2017)[13]
Imports
$251 million (f.o.b., 2010)
Import goods
clothing and apparel, refined petroleum, rice, raw sugar, palm oil
Main import partners
China 33%
India 10%
Senegal 5%
Brazil 5%
(2019)[13]
FDI stock
N/A (2011)
Gross external debt
$1 Billion (2005 est.)
Public finances
Government debt
150% of GDP (2020)
Revenues
D4.5 billion (2015)
Expenses
$D963.6 million (2015)
Economic aid
$45.4 million (1995)
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The pipe extrusion plantFish smoking business
The economy of the Gambia is heavily reliant on agriculture.[14] The Gambia has no significant mineral or other natural resources, and has a limited agricultural base. About 75% of the population depends on crops and livestock for its livelihood. Small-scale manufacturing activity features the processing of peanuts, fish, and animal hides.
Short-run economic progress remains highly dependent on foreign aid, and on responsible government economic management as forwarded by International Monetary Fund technical help and advice.
^"World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
^"World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
^"Population, total - Gambia, The". data.worldbank.org. World Bank. Retrieved 16 February 2020.
^ abcde"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 23 January 2020.
^"Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges" (PDF). openknowledge.worldbank.org. World Bank. p. 147. Retrieved 22 January 2020.
^"Poverty headcount ratio at national poverty lines (% of population) - Gambia, The". data.worldbank.org. World Bank. Retrieved 16 February 2020.
^"Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) - Gambia, The". data.worldbank.org. World Bank. Retrieved 16 February 2020.
^"GINI index (World Bank estimate) - Gambia, The". data.worldbank.org. World Bank. Retrieved 16 February 2020.
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Labor force, total - Gambia, The". data.worldbank.org. World Bank & ILO. Retrieved 16 February 2020.
^"Employment to population ratio, 15+, total (%) (national estimate) - Gambia, The". data.worldbank.org. World Bank & ILO. Retrieved 16 February 2020.
^ ab"The World Factbook". CIA.gov. Central Intelligence Agency. Retrieved 24 June 2022.
^"The Gambia". Encyclopaedia Britannica. Retrieved 29 October 2019.
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