Cost Advantage
The Gambia offers a highly cost-effective location for businesses compared to competitor countries.
THE GAMBIA PROVIDES A VARIETY OF COST EFFECTIVE LABOR
For decades, businesses in The Gambia have benefited from an abundant workforce of semi-skilled and unskilled labour. In recent years, the country has also seen a growing pool of educated and highly skilled workers. Wages across many professions in The Gambia remain significantly lower than in other West African countries, making it an attractive destination for cost-conscious investors.
1.2 million
Estimated working-age population in The Gambia
68%
are of the ages 15-35 years
32%
are between the ages 36-64 years
315k Students
in secondary education
200k Students
in tertiary education
At present, the minimum daily wage rate is $1.50 with average wages between $2.50 and $4 per day.
1: Gambia Bureau of Statistics, Labour force survey, 2018.
2: UNESCO, Institute for Statistics, 2021.
Over 6,000 students are currently enrolled in Bachelors, Masters or Phd programs at the University of The Gambia, the country's leading university
Graduates Study a Variety of Programs Across 9 Schools Within the University of The Gambia:
- Business and Public Administration
- Arts and Sciences
- Education
- Information and Communication Technology (Ict)
- Law
- Environmental Science
- Engineering and Architecture
- Medicine and Allied Health Sciences
- Journalism and Digital Media
In 2019, the number of university graduates increased by 20%, reflecting the country's commitment to expanding access to higher education and producing a skilled workforce for the future.
The Gambia provides cost-effective labor across key job functions
THE GAMBIA IS ALSO A COST EFFECTIVE LOCATION FOR WATER AND GAS UTILITIES
