Sunday, July 14, 2024

Gambia Economy 7-14-24

Nominal GDP $2.388B, Per capita GDP $903.29, Population 2,773,168, Debt to GDP 75.8%. Inflation 66.74%, Unemployment 4.1%, Labor Force Participation 62.6%, Land Area 4,363 sq miles, Arable Land 62.65%, Urban 40% Rural 60%. Exports $170M, Imports $1.44B, Trade Deficit $1.27B

The top exports of Gambia are Coconuts, Brazil Nuts, and Cashews ($35.4M), Sawn Wood ($17.4M), Scrap Iron ($15.5M), Rough Wood ($14.8M), and Molluscs ($14.7M), exporting mostly to India ($52.9M), China ($38.7M), Italy ($11.6M), Chile ($11.1M), and Portugal ($9.02M).

The top imports of Gambia are Light Pure Woven Cotton ($140M), Rice ($73.6M), Raw Sugar ($72.5M), Poultry Meat ($58.5M), and Palm Oil ($55.3M), importing mostly from China ($454M), Senegal ($177M), India ($122M), Brazil ($113M), and United States ($66.3M).

https://oec.world/en/profile/country/gmb

Norb Leahy, Dunwoody GA Tea Party Leader 

 

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