Tag Archives: Gambia

According to allcountrylist, Gambia’s economy is largely dependent on its service sector which accounts for around 70% of GDP. This sector includes banking and finance services as well as telecommunication services. Additionally, the manufacturing sector is also important to Gambia’s economy; it accounted for around 12% of GDP in 2020. This sector includes food processing, apparel manufacturing, chemicals production and petroleum refining. The agricultural sector is also significant in Gambia; it accounted for around 8% of GDP in 2020. Major crops grown in Gambia include millet, sorghum, rice and peanuts. Additionally, Gambia has a significant fishing industry which accounts for around 2% of GDP and 7% of exports. Tourism also plays an important role in the Gambian economy; it generates significant income each year from foreign visitors. Finally, the mining sector plays an important role in the Gambian economy; major mineral resources mined in Gambia include gold and iron ore. Gambia has a long history of agricultural production that dates back to the early settlers of the region. Early inhabitants relied on subsistence farming to produce staples such as millet, sorghum, maize and groundnuts. These crops were used for food, medicine and clothing and were grown in small plots near villages. In addition to these staples, farmers also grew vegetables such as okra, eggplant, peppers and squash. In the 19th century, much of Gambia’s agricultural production shifted from subsistence farming to commercial agriculture. Plantations were established in certain regions to produce cash crops such as cotton and peanuts for export markets. This shift away from subsistence farming caused many small-scale farmers to move into urban areas or become laborers on larger farms. Today, Gambia is still a major producer of cash crops such as cotton and peanuts but has also seen an increase in production of other crops such as millet, sorghum, maize and vegetables. In addition to these traditional staples, farmers are increasingly turning towards specialty crops such as fruits and spices for export markets or organic farming practices that reduce environmental impact while still providing nutritious food for their communities. Gambia is also home to some of the world’s most famous tropical spices which are produced by small scale farmers across the country. Check topmbadirectory for how to get to Gambia.