Gambia
| Country summary | |
|---|---|
|
Capital |
Banjul |
|
Borders |
Senegal 740 km |
|
Government type |
republic |
|
Population |
1,778,081 (July 2010 est.)[1] |
|
Population growth |
2.589% (2010 est.)[1] |
|
Life expectancy |
53.81 years[1] |
|
Unemployment |
NA%[1] |
|
118[2] | |
|
106[3] | |
|
140[4] | |
The Gambia gained its independence from the UK in 1965. Geographically surrounded by Senegal, it formed a short-lived federation of Senegambia between 1982 and 1989. In 1991 the two nations signed a friendship and cooperation treaty, but tensions have flared up intermittently since then. Yahya A. J. J. JAMMEH led a military coup in 1994 that overthrew the president and banned political activity. A new constitution and presidential elections in 1996, followed by parliamentary balloting in 1997, completed a nominal return to civilian rule. JAMMEH has been elected president in all subsequent elections including most recently in late 2006.[1]
Economical characteristics
- Currency: Dalasi (ISO code: GMD)
- Central bank discount rate: NA% (31 December 2008)[1]
- Commercial banks lending rate: NA% (31 December 2008)[1]
- Stock of money (M1): $192.9 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $176.2 million (31 December 2008)[1]
Notable events:
- Banking crisis: 1985-1992[5]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[6] | 432 | 421 | 418 | 370 | 367 | 401 | 461 | 508 | 651 | 811 |
| Govt. debt (% of GDP)[7] | ||||||||||
| Govt. revenue (% of GDP)[8] | ||||||||||
| Govt. expenses (% of GDP)[9] | ||||||||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Gambia", from The World Factbook. Referenced 2010-10-01.
- ↑ Heritage Foundation. "Gambia", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
- ↑ Transparency International. "Gambia", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-01.
- ↑ Doing Business. "Gambia", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-01.
- ↑ Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 365. (The list does not claim to be complete.) Referenced 2011-07-20.
- ↑ World Bank. "Gambia: GDP", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Gambia: government debt", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Gambia: government revenue", from World Bank Data. Referenced 2010-10-01.
- ↑ World Bank. "Gambia: government expenses", from World Bank Data. Referenced 2010-10-01.
Links
- Gambia on Wikipedia
- Central bank of Gambia
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- BBC country profile
