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The Gambia has sparse natural resource deposits and a limited agricultural base, and relies in part on remittances from workers overseas. About three-quarters of the population depends on the agricultural sector for its livelihood. Small-scale manufacturing activity features the processing of peanuts, fish, and hides. The Gambia's natural beauty and proximity to Europe has made it one of the larger markets for tourism in West Africa, boosted by government and private sector investments in eco-tourism and upscale facilities. In the past few years, the Gambia's re-export trade - traditionally a major segment of economic activity - has declined, but its banking sector has grown rapidly. Unemployment and underemployment rates remain high; economic progress depends on sustained bilateral and multilateral aid, on responsible government economic management, and on continued technical assistance from multilateral and bilateral donors.
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$2.42 billion (2009 est.)
country comparison to the world: 179
$2.301 billion (2008 est.)
$2.168 billion (2007 est.)
note:
data are in 2009 US dollars
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$736 million (2009 est.)
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5.2% (2009 est.)
country comparison to the world: 26
6.1% (2008 est.)
6.3% (2007 est.)
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$1,400 (2009 est.)
country comparison to the world: 201
$1,300 (2008 est.)
$1,300 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 30.4%
industry:
14.3%
services:
55.3% (2009 est.)
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777,100 (2007)
country comparison to the world: 146
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agriculture: 75%
industry:
19%
services:
6% (1996)
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NA%
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NA%
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lowest 10%: 2%
highest 10%:
36.9% (2003)
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50.2 (1998)
country comparison to the world: 24
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27.1% of GDP (2009 est.)
country comparison to the world: 37
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revenues: $176.9 million
expenditures:
$189.4 million (2009 est.)
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4.5% (2009 est.)
country comparison to the world: 138
4.5% (2008 est.)
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NA% (31 December 2008)
country comparison to the world: 44
10% (31 December 2007)
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NA% (31 December 2008)
country comparison to the world: 7
27.92% (31 December 2007)
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$192.9 million (31 December 2008)
country comparison to the world: 147
$186.7 million (31 December 2007)
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$176.2 million (31 December 2008)
country comparison to the world: 151
$180.4 million (31 December 2007)
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$NA (31 December 2008)
$169.9 million (31 December 2007)
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$NA
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rice, millet, sorghum, peanuts, corn, sesame, cassava (tapioca), palm kernels; cattle, sheep, goats
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processing peanuts, fish, and hides; tourism, beverages, agricultural machinery assembly, woodworking, metalworking, clothing
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3.8%
country comparison to the world: 33
note:
although The Gambia had the highest industrial growth rate in the world in 2009, this growth is from a tiny industrial base (2009 est.)
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160 million kWh (2007 est.)
country comparison to the world: 180
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148.8 million kWh (2007 est.)
country comparison to the world: 183
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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0 bbl/day (2009 est.)
country comparison to the world: 194
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2,000 bbl/day (2009 est.)
country comparison to the world: 190
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42 bbl/day (2007 est.)
country comparison to the world: 136
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2,266 bbl/day (2007 est.)
country comparison to the world: 174
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0 bbl (1 January 2009 est.)
country comparison to the world: 178
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0 cu m (2008 est.)
country comparison to the world: 194
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0 cu m (2008 est.)
country comparison to the world: 183
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0 cu m (2008 est.)
country comparison to the world: 177
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0 cu m (2008 est.)
country comparison to the world: 177
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0 cu m (1 January 2009 est.)
country comparison to the world: 175
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-$114 million (2009 est.)
country comparison to the world: 76
-$118 million (2008 est.)
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$86 million (2009 est.)
country comparison to the world: 196
$87 million (2008 est.)
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peanut products, fish, cotton lint, palm kernels, re-exports
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India 42.06%, France 15.34%, UK 9.03%, China 7.38%, Hong Kong 4.55%, Belgium 3.97% (2009)
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$285 million (2009 est.)
country comparison to the world: 195
$309 million (2008 est.)
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foodstuffs, manufactures, fuel, machinery and transport equipment
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China 20.45%, Senegal 11.97%, Brazil 8.48%, Cote d'Ivoire 4.71%, Netherlands 4.68%, US 4.49% (2009)
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$178 million (31 December 2009 est.)
country comparison to the world: 149
$116.5 million (31 December 2008 est.)
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$628.8 million (2003 est.)
country comparison to the world: 155
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dalasis (GMD) per US dollar - 27 (2009), 22.75 (2008), 27.79 (2007), 28.066 (2006), 28.575 (2005)
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