The objective of this report is to update the Government of The Gambia, think-tanks and researchers, the public, and the World Bank’s senior management on the state of the Gambian economy and its outlook, together with the structural reforms it requires, and the development challenges it faces. The report begins with a chapter on economic developments, with sections on growth, fiscal policy, public debt, the external sector, monetary developments and inflation, and poverty. The second chapter provides a medium-term macroeconomic outlook and describes the risks the country faces and upcoming challenges. The third chapter examines the role of data in developing effective and efficient policies and outlines the data available in three sectors - social protection, education, and health - that will be key to undoing the losses to human capital resulting from the pandemic as well as to improving service delivery.