The Gambia: Selected Issues and Statistical Appendix

October 3, 2008

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Format: Chicago

The Gambia: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2008) accessed November 8, 2024

Summary

This Selected Issues paper and Statistical Appendix for The Gambia underlies that the exchange rate is broadly in line with fundamentals, although data weaknesses and uncertainties prevent a definitive assessment. The Gambia’s current account deficit is higher than economic fundamentals would predict, and a depreciation of 11 percent would be needed to restore sustainability. The external sustainability approach suggests that 4–6 percent depreciation is needed for the current account deficit to be consistent with constant net foreign assets as a share of GDP.

Subject: Balance of payments, Current account, Current account balance, Current account deficits, Imports, International trade, Real effective exchange rates, Trade liberalization

Keywords: CR, Current account, Current account balance, Current account balance, Current account deficits, Custom duty, Gambia, GDP, Global, Imports, Imports from the EU, ISCR, Liberalization, Revenue loss, Sub-Saharan Africa, Tariff, Trade, Trade diversion, Trade liberalization, Trade liberalization

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/325
Stock No:

1GMBEA2008005
ISBN:

9781451815634
ISSN:

1934-7685

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