Gambia
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Gambia
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Banjul
Gambia
English
2,773,168
GMD
Dalasi
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
The Gambia is a small West African nation with a population of 2.2 million people and a GDP of $1.7 billion. The Gambian economy is largely dependent on agriculture, which accounts for about 40% of the country’s GDP. The Gambia also relies heavily on foreign aid, which accounts for about 20% of the country’s GDP. The Gambian government has implemented a number of economic reforms in recent years, including the introduction of a new currency, the Dalasi, and the liberalization of the banking sector. These reforms have helped to improve the country’s economic outlook, with the IMF forecasting a growth rate of 4.5% in 2021. The Gambia also has a relatively low unemployment rate of 4.2%, and the country’s inflation rate is currently at 4.3%. The Gambia has also made significant progress in reducing poverty, with the World Bank estimating that the poverty rate has fallen from 60% in 2000 to 40% in 2018. Overall, the Gambian economy is showing signs of improvement, and the country is well-positioned to continue its economic growth in the years ahead.