Flashmag Digizine Edition Issue 107 July 2020 - Page 131

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Flashmag July 2020 www.flashmag.net

crowded out private sector investment and driven interest rates to new highs. The government has committed to taking steps to reduce the deficit, including through expenditure caps, debt consolidation, and reform of state-owned enterprises.

GDP (purchasing power parity):

$5.556 billion (2017 )

$5.314 billion (2016 )

$5.292 billion (2015 )

note: data are in 2017 dollars

country comparison to the world (CIA rank, may be based on non-current data): 176

GDP (official exchange rate):

$1.482 billion (2017)

GDP - real growth rate:

4.6% (2017)

0.4% (2016)

5.9% (2015 )

country comparison to the world (CIA rank, may be based on non-current data): 62

GDP - per capita:

$2,600 (2017)

$2,600 (2016)

$2,700 (2015 )

note: data are in 2017 dollars

country comparison to the world (CIA rank, may be based on non-current data): 197

Gross national saving:

6.8% of GDP (2017)

7.1% of GDP (2016)

3.7% of GDP (2015)

country comparison to the world (CIA rank, may be based on non-current data): 172

GDP - composition, by end use:

household consumption: 90.7% (2017)

government consumption: 12% (2017)

The currency of The Gambia is the Dalasi. 1 Gambian dalasi equals 0.019 United States Dollar and 0.017 Euro. By comparison the CFA francs in use in some francophone African countries equal 0.0015 Euro per 1CFA Franc