Real GDP growth exceeded 6 percent during the two years before COVID-19 (coronavirus) struck, supported by rebounding confidence, investment, low interest rates, and growing tourism. Investment accounted for over 22 percent of GDP in 2019, three-fifths of which was private. The tourism market had weathered the collapse of Thomas Cook UK and expanded into new markets. Industry was the fastest-growing sector in 2019, partly due to the issuance of oil-prospecting...
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DETAILS
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2020/12/18
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Report
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AUS0001980
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2
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2021/03/18
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Disclosed
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Key Messages
Citation
Belete,Nathan M.; Thomas,Theo David; Boroffice,Feyifolu Adeyosola; Ashraf,Mehwish; Avdiu,Besart; Meyer,Moritz; Ndoye,Djibril; Sawadogo,Sidi Mohamed; Fonton,Kike Yra.
The Gambia Economic Update : Preserving the Gains (Vol. 2 of 2) : Key Messages (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/441251614977841932