Markets Actual Q1 Q2 Q3 Q4 2020
Currency 49.05 50.86 51.63 52.42 53.22 54.84
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.10 5.2 5.2 5.2 5.2 4.59
Unemployment Rate (%) 9.50 9 9 9 9 9
Inflation Rate (%) 6.55 5.3 5 6.5 5 6.8
Interest Rate (%) 13.50 15 15 13.5 16 16
Balance of Trade (USD Million) -72.00 -79.5 -69.43 -28.99 -57.48 -80.89
Current Account to GDP (%) -14.30 -11 -11 -11 -11 -9
Government Debt to GDP (%) 65.60 58 58 58 58 52
Government Budget (% of GDP) -3.90 -3.9 -3.9 -3.9 -3.9 -3.9
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 5.10 5.2 5.2 5.2 5.2 4.59
GDP (USD Billion) 1.01 1.2 1.2 1.2 1.2 1.1
GDP per capita (USD) 534.30 554 554 554 554 564
GDP per capita PPP (USD) 1561.77 1571 1571 1563 1563 1562
GDP Constant Prices (GMD Thousand) 24697626.00 25981903 25981903 25981903 25981903 27174472
GDP From Agriculture (GMD Thousand) 4590110.00 4828796 4828796 4828796 4828796 5050437
GDP From Construction (GMD Thousand) 1294774.00 1362102 1362102 1362102 1362102 1424623
GDP From Manufacturing (GMD Thousand) 1269924.00 1335960 1335960 1335960 1335960 1397281
GDP From Mining (GMD Thousand) 541306.00 569454 569454 569454 569454 595592
GDP From Public Administration (GMD Thousand) 542972.00 571207 571207 571207 571207 597425
GDP From Services (GMD Thousand) 16007169.00 16839542 16839542 16839542 16839542 17612477
GDP From Transport (GMD Thousand) 4303923.00 4527727 4527727 4527727 4527727 4735550
GDP From Utilities (GMD Thousand) 305022.00 320883 320883 320883 320883 335612
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 9.50 9 9 9 9 9
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 6.55 5.3 5 6.5 5 6.8
Consumer Price Index Cpi (Index Points) 209.51 212 215 221 219 234
Cpi Housing Utilities (Index Points) 202.70 206 209 214 212 227
Cpi Transportation (Index Points) 242.12 247 249 255 253 270
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 13.50 15 15 13.5 16 16
Deposit Interest Rate (%) 16.00 17.5 17.5 16 18.5 18.5
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -72.00 -79.5 -69.43 -28.99 -57.48 -80.89
Current Account to GDP (%) -14.30 -11 -11 -11 -11 -9
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 65.60 58 58 58 58 52
Government Budget (% of GDP) -3.90 -3.9 -3.9 -3.9 -3.9 -3.9
Taxes Actual Q1 Q2 Q3 Q4 2020
Sales Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 31.00 31 31 31 31 31


This page has economic forecasts for Gambia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Gambia economy.