IMF Staff Country Reports

The Gambia: Selected Issues and Statistical Appendix

Publication Date:

May 18, 2004

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper describes the recent economic developments in The Gambia. The paper highlights that the economic performance of The Gambia deteriorated sharply in 2002, as sparse rainfall led to a decline of one-third in agricultural output. Real GDP shrank by 3 percent. However, sectors other than agriculture fared reasonably well: the tourism sector benefited from greater political stability and improved competitiveness. The paper analyzes The Gambia’s external position and vulnerabilities to shocks. It also elaborates data deficiencies in The Gambia’s balance of payments.

Series:

Country Report No. 2004/142

Subject:

Agricultural commodities Commodities Currencies Exchange rates Foreign exchange Monetary base Money