The Gambia: Selected Issues and Statistical Appendix

International Monetary Fund

No 2004/142, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; private sector; balance of payments; broad money; central bank; exchange rate; U.S. dollar; Monetary base; Agricultural commodities; Currencies; Exchange rates; West Africa (search for similar items in EconPapers)
Pages: 106
Date: 2004-05-18
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