The Gambia: Selected Issues

August 18, 1999

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Format: Chicago

The Gambia: Selected Issues, (USA: International Monetary Fund, 1999) accessed September 27, 2024

Summary

This Selected Issues paper examines economic developments in The Gambia during 1994–98. Although real output growth slowed significantly in the early 1990s and turned negative in 1994/95, both 1997 and 1998 were characterized by an upswing in real economic activity. The 1994/95 output decline of 3.4 percent was primarily owing to a significant downturn in tourist activity. The recovery in the tourist sector and the more favorable weather conditions led to real GDP growth of 4.9 percent in 1997 and an estimated real growth rate of 4.7 percent in 1998.

Subject: Commercial banks, Financial institutions, Foreign exchange, Income, National accounts, Real effective exchange rates, Real exchange rates, Tariffs, Taxes

Keywords: CFA franc, Commercial banks, CR, Exchange rate, Gambia, Income, ISCR, Rate, Real effective exchange rates, Real exchange rates, Reexport trade, Sub-Saharan Africa, Tariff, Tariff line, Tariff rate, Tariff reform, Tariff structure, Tariffs, West Africa

Publication Details

Pages:

121
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/071
Stock No:

1GMBEA0011999
ISBN:

9781451815399
ISSN:

1934-7685

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