l); telephone Serrekunda [220] 92856 or 92858, 91970, 91971
_#_Flag: three equal horizontal bands of red (top), blue with white
edges, and green
_*_Economy
_#_Overview: The Gambia has no important mineral or other natural
resources and has a limited agricultural base. It is one of the world's
poorest countries with a per capita income of about $230. About 75%
of the population is engaged in crop production and livestock raising,
which contributes 30% to GDP. Small-scale manufacturing
activity--processing peanuts, fish, and hides--accounts for less than
10% of GDP. Tourism is a growing industry. The Gambia imports
one-third of its food, all fuel, and most manufactured goods. Exports
are concentrated on peanut products (about 75% of total value).
_#_GDP: $195 million, per capita $230; real growth rate 6.0% (FY90
est.)
_#_Inflation rate (consumer prices): 6.0% (FY91)
_#_Unemployment rate: NA%
_#_Budget: revenues $79 million; expenditures $84 million,
including capital expenditures of $21 million (FY90)
_#_Exports: $116 million (f.o.b., FY90);
commodities--peanuts and peanut products, fish, cotton lint, palm
kernels;
partners--Japan 60%, Europe 29%, Africa 5%, US 1% other 5% (1989)
_#_Imports: $147 million (f.o.b., FY90);
commodities--foodstuffs, manufactures, raw materials, fuel,
machinery and transport equipment;
partners--Europe 57%, Asia 25%, USSR/EE 9%, US 6%, other 3%
(1989)
_#_External debt: $336 million (December 1990 est.)
_#_Industrial production: growth rate 6.7%; accounts for 5.8%
of GDP (FY90)
_#_Electricity: 29,000 kW capacity; 64 million kWh produced, 80 kWh
per capita (1989)
_#_Industries: peanut processing, tourism, beverages, agricultural
machinery assembly, woodworking, metalworking, clothing
_#_Agriculture: accounts for 30% of GDP and employs about 75% of the
population; imports one-third of food requirements; major export crop is
peanuts; the principal crops--millet, sorghum, rice, corn, cassava,
palm kernels; livestock--cattle, sheep, and goats; forestry and fishing
resources not fully exploited
_#_Economic aid: US commitments, including Ex-Im (FY70-89), $93
million; Western (non-US) countries, ODA and OOF bilateral commitments
(1970-88), $492 million; Communist countries (1970-88), $39 million
_#_Currency: dalasi (plural--dalasi); 1 dalasi (D) = 100 bututs
_#_Exchange rates: dalasi (D) per US$1--7.610 (January 1991),
7.883
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