{"id":36902,"date":"2023-06-12T16:15:49","date_gmt":"2023-06-12T16:15:49","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/?p=36902"},"modified":"2023-06-12T16:15:54","modified_gmt":"2023-06-12T16:15:54","slug":"gambian-gdp-to-grow-5-5-by-2025-says-world-bank","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank","title":{"rendered":"Gambian GDP to grow 5.5% by 2025, says World Bank"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2025. According to the World Bank, the country has demonstrated extraordinary resilience in the face of global economic concerns, with a real GDP growth rate of 4.3% in 2022 alone.<\/b><\/p>\n

On the supply side, increasing agricultural production aided development, with the country benefiting from a particularly wet season. On the demand side, greater public consumption and infrastructure investment drove growth.<\/p>\n

Going forward, the country\u2019s 5.5% GDP growth is expected to be supported by increasing economic activity across various sectors, with industry and services performing substantially better. Services and agriculture are likely to rise further, assuming increased tourist arrivals as advanced economies recover leading to a surge in global travel.<\/p>\n

Public infrastructure plans and increased remittances will help encourage private investment in the industry sector. Construction, electricity, steam, air conditioning, and energy are the subsectors predicted to fuel industrial growth.<\/p>\n

World Bank economist Ephrem Niyongabo stressed the hopeful nature of The Gambia\u2019s economic recovery. He did, however, emphasise the need to tackle the structural restraints that are impeding the economy. According to Niyongabo, there is a critical need for the government to implement policies that promote financial inclusion, allowing greater access to financial services and, ultimately, boosting the country\u2019s economic growth.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2025. According to the World Bank, the country has demonstrated extraordinary resilience in the face of global economic concerns, with a real GDP growth rate of 4.3% in 2022 alone. On the supply side, […]<\/p>\n","protected":false},"author":84,"featured_media":36901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[2355,2361,260],"class_list":["post-36902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nGambian GDP to grow 5.5% by 2025, says World Bank - Gambia<\/title>\n<meta name=\"description\" content=\"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gambian GDP to grow 5.5% by 2025, says World Bank\" \/>\n<meta property=\"og:description\" content=\"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T16:15:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-12T16:15:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gambian GDP to grow 5.5% by 2025, says World Bank\",\"datePublished\":\"2023-06-12T16:15:49+00:00\",\"dateModified\":\"2023-06-12T16:15:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\",\"name\":\"Gambian GDP to grow 5.5% by 2025, says World Bank - Gambia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg\",\"datePublished\":\"2023-06-12T16:15:49+00:00\",\"dateModified\":\"2023-06-12T16:15:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Gambian GDP to grow 5.5% by 2025, says World Bank\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/gambia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gambian GDP to grow 5.5% by 2025, says World Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/\",\"name\":\"Gambia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gambian GDP to grow 5.5% by 2025, says World Bank - Gambia","description":"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank","og_locale":"en_US","og_type":"article","og_title":"Gambian GDP to grow 5.5% by 2025, says World Bank","og_description":"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...","og_url":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank","og_site_name":"Gambia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-06-12T16:15:49+00:00","article_modified_time":"2023-06-12T16:15:54+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Gambian GDP to grow 5.5% by 2025, says World Bank","datePublished":"2023-06-12T16:15:49+00:00","dateModified":"2023-06-12T16:15:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank"},"wordCount":236,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg","keywords":["Africa Press","Africa Press-Gambia","Gambia"],"articleSection":["all news","Economy","head lines"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank","url":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank","name":"Gambian GDP to grow 5.5% by 2025, says World Bank - Gambia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg","datePublished":"2023-06-12T16:15:49+00:00","dateModified":"2023-06-12T16:15:54+00:00","author":{"@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Gambia\u2019s economy continues to grow, with Gross Domestic Product (GDP) growth projected at 5.5% between 2023 and 2 ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#primaryimage","url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg","contentUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686568730.624241.jpg","width":1280,"height":720,"caption":"Gambian GDP to grow 5.5% by 2025, says World Bank"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambian-gdp-to-grow-5-5-by-2025-says-world-bank#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/gambia\/"},{"@type":"ListItem","position":2,"name":"Gambian GDP to grow 5.5% by 2025, says World Bank"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/gambia\/#website","url":"https:\/\/www.africa-press.net\/gambia\/","name":"Gambia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/36902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/comments?post=36902"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/36902\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media\/36901"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media?parent=36902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/categories?post=36902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/tags?post=36902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}