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Agriculture makes up a significant proportion of the Gambia's economy, comprising 25% of its GDP. [1] About 75% of workers in the Gambia are employed within the agricultural industry. [1] The main cash crops produced in the country are groundnuts (also known as peanuts), millet, sorghum, mangoes, corn, sesame, palm kernel, and cashews.
For purchasing power parity comparisons, the US dollar is exchanged at 4.35 Dalasi only. The Gambia's economy is characterized by traditional subsistence agriculture, a historic reliance on peanuts or groundnuts for export earnings, a re-export trade built up around its ocean port, low import duties, minimal administrative procedures, a fluctuating exchange rate with no exchange controls, and ...
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.
Agriculture is 26% of the GDP and employs 68% of the labor force. [5] Much of the agriculture is rain fed, so changes in precipitation will have significant impacts. [5] In 2012, drought plus increased food prices led to a food crisis in the region. [6] Rice farmers near the coast are also experiencing saltwater intrusion. [6]
The Gambia has a liberal, market-based economy characterised by traditional subsistence agriculture, a historic reliance on groundnuts for export earnings, a re-export trade built up around its ocean port, low import duties, minimal administrative procedures, a fluctuating exchange rate with no exchange controls, and a significant tourism industry.
Agriculture in the Gambia; A. African Groundnut Council This page was last edited on 26 January 2020, at 18:36 (UTC). Text is available under the Creative Commons ...
This article includes the table with land use statistics by country.Countries are ranked by their total cultivated land area, which is the sum of the total arable land area and total area of permanent crops.
The Gambia has a liberal, market-based economy characterised by traditional subsistence agriculture, a historic reliance on groundnuts (peanuts) for export earnings, a re-export trade built up around its ocean port, low import duties, minimal administrative procedures, a fluctuating exchange rate with no exchange controls, and a significant ...