Gambia Economic information

Gambia is a country located in west Africa. Its economy is largely based on agriculture and fishing. The country's agricultural sector is carried out on fertile lands along the Gambia River. Gambia's major agricultural products include rice, maize, peanuts, sesame, palm oil, cocoa, bananas, mangoes and citrus fruits. In addition, animal husbandry is an important economic activity in the country and cattle, sheep and poultry are raised. Gambia's fishing industry is also highly developed. The country has access to fish stocks from the Atlantic Ocean, and fishing is an important source of export earnings. The industrial sector of the country is quite limited. Activities such as textile, food processing and wood processing are carried out in small-scale enterprises. In addition, the tourism sector also contributes to the Gambia economy. The country attracts tourists with its sunny climate, beautiful beaches and natural beauties. Gambia's economy is generally a low-income economy. The country is located in a region with a high poverty rate and faces economic development challenges. However, the government is trying to diversify the economy by trying to attract foreign investment.