Gambia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Gambia expanded 5.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Gambia averaged 4.38 Percent from 1968 until 2013, reaching an all time high of 12.39 Percent in 1975 and a record low of -4.60 Percent in 2011. GDP Annual Growth Rate in Gambia is reported by the Central Bank of The Gambia.
||1968 - 2013
Gambia, the smallest country in continental Africa, is one of the poorest nations in the world. Over 60 percent of population live below poverty line and the country depends on regular foreign aid to balance its budget. The main sector of the economy is agriculture, 75 percent of population depend on crops and livestock. In recent years, Gambia’s economy has been steadily growing due to development of tourism, inflow of remittances and re-exports. And the government is trying to keep the pace of expansion by undertaking reforms focusing on the modernization of the agriculture. This page provides - Gambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.