Cost Advantage

The Gambia is an overall cost effective location when compared with competitor countries. 

The Gambia Provides a Variety of Cost Effective Labor

For many decades, businesses have benefitted from The Gambia’s abundant semi-skilled and unskilled labor force. In recent years, businesses have also benefitted from a growing pool of educated and highly-skilled labor. Wages for many professions in The Gambia are also substantially lower than in many other West African countries.

 

1.2m

Estimated population of working age 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

university of gambia

  • Environmental Science
  • Engineering and Architecture
  • Medicine and Allied Health Sciences
  • Journalism and Digital Media

In 2019 the Number of University Graduates Increased by 20%


 

The Gambia provides cost-effective labor across key job functions

ag and light manufacturinghousekeepertruck drivers

THE GAMBIA IS ALSO A COST EFFECTIVE LOCATION FOR WATER AND GAS UTILITIES

utilities

 

For more information on costs, available properties or incentives available for investors please contact a GIEPA representative by visiting the GIEPA office or via email at info@giepa.gm