Front Matter Page
© 2006 International Monetary Fund
January 2006
IMF Country Report No. 06/10
The Gambia: Statistical Appendix
This Statistical Appendix for The Gambia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on July 7, 2005. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of The Gambia or the Executive Board of the IMF.
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Front Matter Page
INTERNATIONAL MONETARY FUND
THE GAMBIA
Statistical Appendix
Prepared by a staff team consisting of Mr. Calvin McDonald (Head), Mrs. Ruby Randall, Mr. Subramanian Sriram (all AFR) and Mr. Yi Wu (PDR)
Approved by the African Department
July 7, 2005
Contents
Basic Data
Statistical Appendix Tables
1. GDP by Sector at Constant Prices, 1998-2004
2. GDP by Sector at Current Market Prices, 1998-2004
3. GDP Growth by Sector at Constant Prices, 1998-2004
4. Implicit GDP Deflators, 1998-2004
5. Supply and Use of Resources, 1998-2004
6. Savings-Investment Balance, 1998-2004
7. Agricultural Production, 1998-2004
8. Minimum Producer Prices for Agricultural Commodities, 1998-2004
9. Purchases and Disposition of Groundnuts, 1998-2004
10. Indicators of Tourism Activity, 1998-2004
11. Energy Statistics, 1998-2004
12. Public Sector Wage Scale, 1998-2004
13. Minimum Daily Wages, 1998-2004
14. Civil Service Structure, 1998-2004
15. Private Employment by Industry, 1998-2004
16. Private Sector Employment by Size of Establishments and Industry, 1997-1998
17. Overall Consumer Price Index for Low-Income
18. Central Government Operations, 1998-04
19. Central Government Operations, 1998-2004
20. Functional Classification of Central Government Current Expenditure, 1998-2004
21. Central Government Social Expenditure and Social Indicators, 1998-2004
22. Public Investment Program and Its Financing, 1998-2004
23. List of Public Enterprises, End-2004
24. Monetary Survey, December 1998-March 2005
25. Summary Accounts of the Central Bank, December 1998-March 2005
26. Summary Accounts of the Commercial Banks, December 1998-March 2005
27. Monthly Interest Rates on Treasury Bills,
28. Structure of Interest Rates, 1998-March 2005
29. Distribution of Commercial Bank Credit by Sector, 1998-March 2005
30. Liquidity Position of Commercial Banks, 1998-March 2005
31. Commercial Banks, December 2004
32. Distribution of Outstanding Government Securities, 1998-2005
33. Balance of Payments, 1998-2004
34. Composition of Merchandise Exports, 1998-2004
35. Composition of Merchandise Imports, 1998-2004
36. Direction of Trade, 1998-2004
37. Foreign Trade Indicators, 1998-2004
38. Public External Debt Outstanding and Debt Service, 1998-2004
39. Exchange Rate Indicators, 1990-2004
40. Interbank and Parallel Market Exchange Rates, 1998-2004
41. Summary of Tax System as of December 31, 2004
Front Matter Page
The Gambia: Basic Data
Data for 2001 include US$28.5 million capital expenditure financed by a retroactive loan by the Central Bank of The Gambia (CBG) which the authorities indicated in October 2003 had not been recorded in official accounts.
In percent of broad money at the beginning of the period.
Includes the central bank’s foreign currency advance to the government in 2001.
Includes public enterprises and central bank credit to foreign exchange bureaus.
As a percentage of exports and travel income. After interim debt relief and HIPC grants. Excludes any accumulation of esternal arrears.
The Gambia: Basic Data
| Area, population, and GNP per capita | ||||||||||
| Area | 10,700 sq. km. | |||||||||
| Population | ||||||||||
| Total (2003) | 1.4 million | |||||||||
| Growth rate (2000-2003; average) | 2.8 percent | |||||||||
| GDP per capita (2003) (staff est.) | 256 US$ | |||||||||
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | ||||
| Est. | Prel. | Prel. | Prel. | |||||||
| (In millions of dalasis, unless otherwise indicated) | ||||||||||
| National accounts | ||||||||||
| GDP at constant 1976/77 prices | 659.0 | 701.2 | 739.9 | 782.5 | 757.1 | 809.1 | 850.1 | |||
| Of which | ||||||||||
| Agriculture | 121.4 | 157.0 | 173.4 | 188.9 | 135.7 | 163.5 | 182.2 | |||
| Manufacturing | 34.7 | 35.2 | 35.9 | 36.9 | 38.5 | 39.5 | 41.8 | |||
| Services | 383.4 | 390.5 | 403.7 | 432.9 | 451.4 | 469.7 | 484.7 | |||
| Nominal GDP | 4,479.1 | 4,921.9 | 5,382.4 | 6,555.9 | 7,364.3 | 10,025.9 | 12,036.6 | |||
| Gross domestic investment | ||||||||||
| (in percent of GDP) | 18.3 | 17.8 | 17.3 | 17.4 | 21.2 | 19.5 | 27.1 | |||
| Gross domestic savings | ||||||||||
| (in percent of GDP) | 11.4 | 11.9 | 9.0 | 11.9 | 12.9 | 10.2 | 9.4 | |||
| Central government finance | ||||||||||
| Total revenue and grants | 919.9 | 944.5 | 1,117.2 | 1,125.7 | 1,528.7 | 1,820.4 | 3,065.0 | |||
| Domestic revenue | 831.5 | 878.7 | 995.4 | 989.9 | 1,201.8 | 1,574.2 | 2,517.8 | |||
| Foreign grants | 88.5 | 65.8 | 121.8 | 135.9 | 326.9 | 246.2 | 547.2 | |||
| Total expenditure and net lending | 1,028.4 | 1,118.2 | 1,192.1 | 2,037.4 | 1,870.7 | 2,292.7 | 3,750.4 | |||
| Recurrent | 1,028.4 | 887.0 | 985.2 | 1,237.1 | 1,318.2 | 1,707.0 | 2,035.8 | |||
| Development and net lending 1/ | 0.0 | 231.2 | 206.3 | 800.3 | 552.5 | 585.7 | 1,714.6 | |||
| Overall deficit (commitment basis) 1/ | ||||||||||
| Excluding grants | -197.0 | -239.5 | -196.8 | -1,047.5 | -668.9 | -718.5 | -1,232.6 | |||
| Including grants | -108.5 | -173.7 | -75.0 | -911.6 | -342.0 | -472.3 | -685.5 | |||
| Adjustment to cash basis (float) | 0.0 | -34.5 | -23.7 | -34.7 | 17.8 | -123.6 | -62.6 | |||
| Overall deficit (cash basis) 1/ | -133.0 | -208.2 | -98.7 | -946.3 | -324.2 | -595.9 | -748.0 | |||
| Financing | 133.0 | 208.2 | 98.7 | 946.3 | 324.2 | 596.0 | 748.0 | |||
| Foreign | 54.5 | 30.0 | -45.6 | -23.6 | 140.9 | 59.7 | 690.3 | |||
| Domestic | 78.5 | 178.2 | 144.3 | 969.9 | 183.3 | 536.3 | 57.7 | |||
| Money and credit 2/ | ||||||||||
| Net domestic assets | -1.7 | 11.2 | 12.3 | 53.2 | 22.3 | 15.2 | -10.9 | |||
| Credit to the government 3/ | 0.5 | 3.4 | 3.1 | 25.5 | 1.0 | 12.5 | -12.6 | |||
| Credit to the private sector 4/ | 5.6 | 8.2 | 4.4 | 13.2 | 27.7 | 19.1 | -7.7 | |||
| Broad money | 10.2 | 12.1 | 34.8 | 19.4 | 35.3 | 43.4 | 18.3 | |||
| (In millions of U.S. dollars, unless otherwise indicated) | ||||||||||
| Balance of payments | ||||||||||
| Trade balance | -78.9 | -68.7 | -63.3 | -50.0 | -62.4 | -60.0 | -108.4 | |||
| Exports, f.o.b. | 130.4 | 120.2 | 126.6 | 102.1 | 109.3 | 101.0 | 127.0 | |||
| Imports, c.i.f. | -209.3 | -188.9 | -189.9 | -152.1 | -171.6 | -161.0 | -235.4 | |||
| Services (net) | 29.7 | 22.7 | 8.2 | 4.3 | 9.2 | 8.3 | 17.8 | |||
| Transfers | 39.1 | 33.8 | 41.8 | 34.9 | 42.8 | 33.8 | 43.5 | |||
| Private | 3.5 | 3.8 | 10.6 | 3.5 | 3.6 | 3.7 | 3.9 | |||
| Official | 35.6 | 30.0 | 31.3 | 31.4 | 39.2 | 30.0 | 39.6 | |||
| Current account balance | ||||||||||
| Excluding official transfers | -45.7 | -42.2 | -44.5 | -42.2 | -49.6 | -48.0 | -86.7 | |||
| Including official transfers | -10.1 | -12.2 | -13.2 | -10.8 | -10.4 | -18.0 | -47.1 | |||
| Capital account | 17.3 | 7.5 | 6.0 | 22.8 | 9.9 | 6.7 | 68.0 | |||
| Official | 5.4 | 2.7 | 6.6 | 8.4 | 18.9 | 16.1 | 24.9 | |||
| Private | 12.0 | 4.8 | -0.6 | 14.4 | -9.0 | -9.4 | 43.2 | |||
| Unaccounted-for loss in reserves | 0.0 | 0.0 | 0.0 | -28.5 | 0.5 | 0.0 | 0.0 | |||
| Errors and omissions | -0.8 | -0.6 | 17.4 | -39.6 | -0.1 | 6.3 | 12.6 | |||
| Overall balance | 6.5 | -5.3 | 10.1 | -56.1 | -0.1 | -4.9 | 33.5 | |||
| Current account balance (in percent of GDP) | ||||||||||
| Excluding official transfers | -10.9 | -9.8 | -10.6 | -10.1 | -13.4 | -13.6 | -21.6 | |||
| Including official transfers | -2.4 | -2.8 | -3.1 | -2.6 | -2.8 | -5.1 | -11.8 | |||
| Gross official reserves | ||||||||||
| In millions of SDRs | 102.0 | 98.0 | 111.4 | 63.0 | 67.2 | 62.3 | 84.6 | |||
| In months of imports, c.i.f. | 5.8 | 6.2 | 7.0 | 5.0 | 4.5 | 4.4 | 4.1 | |||
| External public debt | ||||||||||
| In millions of U.S. dollars | 460.5 | 451.5 | 454.3 | 458.3 | 481.1 | 511.6 | 580.7 | |||
| In percent of GDP | 109.4 | 104.6 | 107.9 | 109.7 | 130.1 | 144.9 | 144.9 | |||
| (In percent of exports and travel income) | ||||||||||
| Debt-service ratio 5/ | ||||||||||
| Including the Fund | 11.1 | 11.8 | 15.4 | 16.4 | 16.9 | 8.5 | 15.9 | |||
| Excluding the Fund | 8.4 | 9.6 | 14.3 | 16.3 | 16.8 | 8.4 | 9.7 | |||
Data for 2001 include US$28.5 million capital expenditure financed by a retroactive loan by the Central Bank of The Gambia (CBG) which the authorities indicated in October 2003 had not been recorded in official accounts.
In percent of broad money at the beginning of the period.
Includes the central bank’s foreign currency advance to the government in 2001.
Includes public enterprises and central bank credit to foreign exchange bureaus.
As a percentage of exports and travel income. After interim debt relief and HIPC grants. Excludes any accumulation of esternal arrears.
The Gambia: Basic Data
| Area, population, and GNP per capita | ||||||||||
| Area | 10,700 sq. km. | |||||||||
| Population | ||||||||||
| Total (2003) | 1.4 million | |||||||||
| Growth rate (2000-2003; average) | 2.8 percent | |||||||||
| GDP per capita (2003) (staff est.) | 256 US$ | |||||||||
| 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | ||||
| Est. | Prel. | Prel. | Prel. | |||||||
| (In millions of dalasis, unless otherwise indicated) | ||||||||||
| National accounts | ||||||||||
| GDP at constant 1976/77 prices | 659.0 | 701.2 | 739.9 | 782.5 | 757.1 | 809.1 | 850.1 | |||
| Of which | ||||||||||
| Agriculture | 121.4 | 157.0 | 173.4 | 188.9 | 135.7 | 163.5 | 182.2 | |||
| Manufacturing | 34.7 | 35.2 | 35.9 | 36.9 | 38.5 | 39.5 | 41.8 | |||
| Services | 383.4 | 390.5 | 403.7 | 432.9 | 451.4 | 469.7 | 484.7 | |||
| Nominal GDP | 4,479.1 | 4,921.9 | 5,382.4 | 6,555.9 | 7,364.3 | 10,025.9 | 12,036.6 | |||
| Gross domestic investment | ||||||||||
| (in percent of GDP) | 18.3 | 17.8 | 17.3 | 17.4 | 21.2 | 19.5 | 27.1 | |||
| Gross domestic savings | ||||||||||
| (in percent of GDP) | 11.4 | 11.9 | 9.0 | 11.9 | 12.9 | 10.2 | 9.4 | |||
| Central government finance | ||||||||||
| Total revenue and grants | 919.9 | 944.5 | 1,117.2 | 1,125.7 | 1,528.7 | 1,820.4 | 3,065.0 | |||
| Domestic revenue | 831.5 | 878.7 | 995.4 | 989.9 | 1,201.8 | 1,574.2 | 2,517.8 | |||
| Foreign grants | 88.5 | 65.8 | 121.8 | 135.9 | 326.9 | 246.2 | 547.2 | |||
| Total expenditure and net lending | 1,028.4 | 1,118.2 | 1,192.1 | 2,037.4 | 1,870.7 | 2,292.7 | 3,750.4 | |||
| Recurrent | 1,028.4 | 887.0 | 985.2 | 1,237.1 | 1,318.2 | 1,707.0 | 2,035.8 | |||
| Development and net lending 1/ | 0.0 | 231.2 | 206.3 | 800.3 | 552.5 | 585.7 | 1,714.6 | |||
| Overall deficit (commitment basis) 1/ | ||||||||||
| Excluding grants | -197.0 | -239.5 | -196.8 | -1,047.5 | -668.9 | -718.5 | -1,232.6 | |||
| Including grants | -108.5 | -173.7 | -75.0 | -911.6 | -342.0 | -472.3 | -685.5 | |||
| Adjustment to cash basis (float) | 0.0 | -34.5 | -23.7 | -34.7 | 17.8 | -123.6 | -62.6 | |||
| Overall deficit (cash basis) 1/ | -133.0 | -208.2 | -98.7 | -946.3 | -324.2 | -595.9 | -748.0 | |||
| Financing | 133.0 | 208.2 | 98.7 | 946.3 | 324.2 | 596.0 | 748.0 | |||
| Foreign | 54.5 | 30.0 | -45.6 | -23.6 | 140.9 | 59.7 | 690.3 | |||
| Domestic | 78.5 | 178.2 | 144.3 | 969.9 | 183.3 | 536.3 | 57.7 | |||
| Money and credit 2/ | ||||||||||
| Net domestic assets | -1.7 | 11.2 | 12.3 | 53.2 | 22.3 | 15.2 | -10.9 | |||
| Credit to the government 3/ | 0.5 | 3.4 | 3.1 | 25.5 | 1.0 | 12.5 | -12.6 | |||
| Credit to the private sector 4/ | 5.6 | 8.2 | 4.4 | 13.2 | 27.7 | 19.1 | -7.7 | |||
| Broad money | 10.2 | 12.1 | 34.8 | 19.4 | 35.3 | 43.4 | 18.3 | |||
| (In millions of U.S. dollars, unless otherwise indicated) | ||||||||||
| Balance of payments | ||||||||||
| Trade balance | -78.9 | -68.7 | -63.3 | -50.0 | -62.4 | -60.0 | -108.4 | |||
| Exports, f.o.b. | 130.4 | 120.2 | 126.6 | 102.1 | 109.3 | 101.0 | 127.0 | |||
| Imports, c.i.f. | -209.3 | -188.9 | -189.9 | -152.1 | -171.6 | -161.0 | -235.4 | |||
| Services (net) | 29.7 | 22.7 | 8.2 | 4.3 | 9.2 | 8.3 | 17.8 | |||
| Transfers | 39.1 | 33.8 | 41.8 | 34.9 | 42.8 | 33.8 | 43.5 | |||
| Private | 3.5 | 3.8 | 10.6 | 3.5 | 3.6 | 3.7 | 3.9 | |||
| Official | 35.6 | 30.0 | 31.3 | 31.4 | 39.2 | 30.0 | 39.6 | |||
| Current account balance | ||||||||||
| Excluding official transfers | -45.7 | -42.2 | -44.5 | -42.2 | -49.6 | -48.0 | -86.7 | |||
| Including official transfers | -10.1 | -12.2 | -13.2 | -10.8 | -10.4 | -18.0 | -47.1 | |||
| Capital account | 17.3 | 7.5 | 6.0 | 22.8 | 9.9 | 6.7 | 68.0 | |||
| Official | 5.4 | 2.7 | 6.6 | 8.4 | 18.9 | 16.1 | 24.9 | |||
| Private | 12.0 | 4.8 | -0.6 | 14.4 | -9.0 | -9.4 | 43.2 | |||
| Unaccounted-for loss in reserves | 0.0 | 0.0 | 0.0 | -28.5 | 0.5 | 0.0 | 0.0 | |||
| Errors and omissions | -0.8 | -0.6 | 17.4 | -39.6 | -0.1 | 6.3 | 12.6 | |||
| Overall balance | 6.5 | -5.3 | 10.1 | -56.1 | -0.1 | -4.9 | 33.5 | |||
| Current account balance (in percent of GDP) | ||||||||||
| Excluding official transfers | -10.9 | -9.8 | -10.6 | -10.1 | -13.4 | -13.6 | -21.6 | |||
| Including official transfers | -2.4 | -2.8 | -3.1 | -2.6 | -2.8 | -5.1 | -11.8 | |||
| Gross official reserves | ||||||||||
| In millions of SDRs | 102.0 | 98.0 | 111.4 | 63.0 | 67.2 | 62.3 | 84.6 | |||
| In months of imports, c.i.f. | 5.8 | 6.2 | 7.0 | 5.0 | 4.5 | 4.4 | 4.1 | |||
| External public debt | ||||||||||
| In millions of U.S. dollars | 460.5 | 451.5 | 454.3 | 458.3 | 481.1 | 511.6 | 580.7 | |||
| In percent of GDP | 109.4 | 104.6 | 107.9 | 109.7 | 130.1 | 144.9 | 144.9 | |||
| (In percent of exports and travel income) | ||||||||||
| Debt-service ratio 5/ | ||||||||||
| Including the Fund | 11.1 | 11.8 | 15.4 | 16.4 | 16.9 | 8.5 | 15.9 | |||
| Excluding the Fund | 8.4 | 9.6 | 14.3 | 16.3 | 16.8 | 8.4 | 9.7 | |||
Data for 2001 include US$28.5 million capital expenditure financed by a retroactive loan by the Central Bank of The Gambia (CBG) which the authorities indicated in October 2003 had not been recorded in official accounts.
In percent of broad money at the beginning of the period.
Includes the central bank’s foreign currency advance to the government in 2001.
Includes public enterprises and central bank credit to foreign exchange bureaus.
As a percentage of exports and travel income. After interim debt relief and HIPC grants. Excludes any accumulation of esternal arrears.