Gambia - Economic Forecasts - 2018-2020 Outlook

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.


MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 47.45
49.85 52.42 55.12 57.97 70.89
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 5.10
percent
4 3.62 4 3.45 4.59
GDP 0.96
USD Billion
0.95 0.97 1 1 1
GDP per capita 532.30
USD
532 527 528 525 525
GDP per capita PPP 1565.80
USD
1576 1570 1563 1571 1573
Gdp Constant Prices 24697626.00
GMD Thousand
25685531 25591680 26635896 25549694 28833530
Gdp From Agriculture 4590110.00
GMD Thousand
4773714 4756272 4950342 4748469 5358777
Gdp From Construction 1294774.00
GMD Thousand
1346565 1341645 1396388 1339444 1511599
Gdp From Manufacturing 1269924.00
GMD Thousand
1320721 1315895 1369588 1313736 1482588
Gdp From Mining 541306.00
GMD Thousand
562958 560901 583788 559981 631954
Gdp From Public Administration 542972.00
GMD Thousand
564691 562628 585584 561705 633899
Gdp From Services 16007169.00
GMD Thousand
16647456 16586629 17263412 16559416 18687755
Gdp From Transport 4303923.00
GMD Thousand
4476080 4459725 4641695 4452408 5024665
Gdp From Utilities 305022.00
GMD Thousand
317223 316064 328960 315545 356101
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 29.69
percent
29.6 29.6 29.6 29.62 15
Population 2.04
Million
2.06 2.08 2.1 2.11 2.34
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 6.37
percent
5.9 5.7 6.3 6.8 6.8
Food Inflation 6.11
percent
8.25 8.35 8.42 8.48 8.68
Consumer Price Index Cpi 200.58
Index Points
204 206 208 209 236
Cpi Housing Utilities 194.31
Index Points
199 200 205 203 232
Cpi Transportation 234.32
Index Points
246 245 254 248 289
Inflation Rate Mom 0.49
percent
0.51 0.51 0.51 0.51 0.51
Gdp Deflator 175.00
Index Points
181 183 185 187 212
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 15.00
percent
15 15 15 15 16
Deposit Interest Rate 16.51
percent
16.51 16.51 16.51 16.51 17.51
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 117.39
million GMD
-1012 -1294 -1869 -1712 -3184
Exports 5177.74
million GMD
4736 4454 4250 4036 2564
Imports 5060.35
million GMD
5748 5748 5748 5748 5748
Current Account -1631.53
Dalasi Million
-1117 -1098 -1113 -1119 -1116
Current Account to GDP -11.40
percent
-10 -10 -10 -11 -9
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 65.60
percent
63 63 63 58 52
Government Budget -3.90
percent of GDP
-5.07 -4.59 -4.12 -4.27 -5.25
Military Expenditure 15.10
USD Million
14.34 14.62 14.9 15.22 18.85
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 2321.23
KBps
2557 2623 2681 2740 3289
IP Addresses 4061.00
IP
4009 4029 4060 4049 4049
Ease of Doing Business 146.00
146 146 146 146 146
Competitiveness Index 3.61
Points
3.54 3.54 3.54 3.54 3.54
Competitiveness Rank 117.00
120 120 120 120 120
Corruption Index 30.00
Points
28 28 29 29 28
Corruption Rank 130.00
117 113 110 107 110
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 15.00
percent
15 15 15 15 15
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Corporate Tax Rate 31.00
percent
31 31 31 31 31
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 26.95
celsius
29.63 27.64 26.69 26.47 28.21