The Gambia

Republic of The Gambia

English Gambian Dalasi (GMD) Mixed: English common law, Islamic law, customary law
AU, ECOWAS, AfCFTA, Commonwealth, OIC, WTO
The Gambia is the smallest mainland African country, with an economy dependent on tourism (particularly European winter sun seekers), agriculture (peanuts/groundnuts), re-export trade, and remittances. The country's location along the Gambia River provides access to inland markets. Since the 2017 democratic transition, The Gambia has improved governance and attracted renewed international support. The country benefits from ECOWAS market access and an English-speaking workforce. Challenges include a very small domestic market, limited infrastructure, and vulnerability to climate change and tourism seasonality.

Snapshot

Population~2.8 MWorld Bank WDI
GDP (current USD)$2.5 BIMF WEO
GDP per Capita$850IMF WEO
GDP Growth5.30%IMF WEO
Inflation (y/y)~11.00%Central Bank / IMF
Internet Use~33.00%World Bank WDI
Electrification~62.00%World Bank WDI
CPI Score (Rank)34.0/100 (#110)Transparency Intl
HDI (Rank)0.500 (#174)UNDP HDR

Focus Sectors

Tourism
Agriculture (peanuts
rice)
Fisheries
Re-export Trade
Telecoms
Financial Services
Construction

Regulations & Taxes

Corporate Income Tax27% standard
VAT / Sales Tax15% standard
Data Notes: Population, GDP, and GDP per capita are latest IMF WEO / World Bank estimates. Inflation is year-over-year. Trade data from UN Comtrade/OEC (2023). Tax rates from PwC/KPMG country guides. CPI from Transparency International. HDI from UNDP Human Development Report.
Narrative last updated: April 8, 2026.