Return to Website

Speakerbuilder.net

Welcome to the Speakerbuilder.net discussion forum. While being polite and respectful is not common on the internet, please try not to flame people who don't deserve it. Otherwise, go nuts.

Speakerbuilder.net
Start a New Topic 
Author
Comment
Finance Gambia

The monthly minimum wage in The Gambia is US$29. According to a 2012 estimate, The Gambia's national debt is 41.8% of the country's gross domestic product (GDP). Based on consumer prices, the inflation rate in The Gambia is 6%. The currency of The Gambia is the Gambian Dalasi. There are several plural forms of the name Gambian Dalasi. It's Dalasi, Dalasi. The symbol used for this currency is D, which is short for GMD. The Gambian dalasi is subdivided into butut; There are 100 of them in a Dalasi. Consumers spend approximately $770 million every year. The ratio of consumer spending to GDP in Gambia is 85.37% and the ratio of consumer spending to global consumer market is 0.22%. The corporate tax rate in The Gambia is 31%. Personal income tax varies between 0% and 30% depending on your specific situation and income level. In 2013, The Gambia received US$138.8 million in foreign aid. In 2014, foreign aid amounted to US$135.1 million.

Gross domestic product
The total Gross Domestic Product (GDP) in Purchasing Power Parity (PPP) in The Gambia is US$3,093 billion. The gross domestic product (GDP), measured by purchasing power parity (PPP) per capita, was most recently 1,429,453 US dollars in The Gambia. The PPP in The Gambia is considered very good compared to other countries. A very good purchasing power parity indicates that it is easy for the citizens of this country to buy local goods. Local goods can include food, a helmet, clothing, health care, personal hygiene, necessities, transportation and communications, laundry, and various types of insurance. Countries with very good PPPs are safe investment locations. The total gross domestic product (GDP) of The Gambia is 1 billion. Based on these statistics, The Gambia's economy is considered small. Smaller economies tend to support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. The gross domestic product (GDP) per capita in The Gambia was most recently 417 US dollars. The average Gambian has very little wealth. Countries with very low per capita wealth often have a lower life expectancy and a significantly lower quality of life for their citizens. In countries with very low levels of prosperity, it can be very difficult to find a highly skilled workforce as it is difficult for citizens to obtain the education required for specialized industries. However, compared to countries with higher wealth per capita, it is possible to find labor at very low prices. The annual GDP growth rate in The Gambia averaged 7.4% in 2014. Accordingly, Gambia is currently experiencing significant growth. High-growth countries offer the best opportunities for a significant return on investment, as GDP growth rates are the most important indicator of economic health. As GDP grows, businesses, jobs and personal incomes grow.

https://www.confiduss.com/en/jurisdictions/gambia/economy/finance/