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.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.50 9.4 9.4 9 9 9 percent
Inflation Rate 6.53 6 5.5 5.3 5 6.8 percent
Interest Rate 13.50 13.5 13.5 15 15 16 percent
Balance of Trade 117.39 221 -451 193 -675 -410 million GMD
Government Debt to GDP 65.60 63 63 58 58 52 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 46.90
50.31 53.01 55.85 58.84 72.51
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.10
percent
5.4 5.4 3.37 3.15 4.59
GDP 1.01
USD Billion
1.1 1.1 1.2 1.2 1.1
GDP per capita 534.30
USD
545 545 554 554 564
GDP per capita PPP 1561.77
USD
1562 1565 1571 1571 1563
Gdp Constant Prices 24697626.00
GMD Thousand
26031298 26031298 25529936 25475601 28179049
Gdp From Agriculture 4590110.00
GMD Thousand
4837976 4837976 4744797 4734698 5237140
Gdp From Construction 1294774.00
GMD Thousand
1364692 1364692 1338408 1335559 1477288
Gdp From Manufacturing 1269924.00
GMD Thousand
1338500 1338500 1312720 1309927 1448935
Gdp From Mining 541306.00
GMD Thousand
570537 570537 559548 558357 617609
Gdp From Public Administration 542972.00
GMD Thousand
572292 572292 561270 560076 619510
Gdp From Services 16007169.00
GMD Thousand
16871556 16871556 16546611 16511395 18263569
Gdp From Transport 4303923.00
GMD Thousand
4536335 4536335 4448965 4439497 4910612
Gdp From Utilities 305022.00
GMD Thousand
321493 321493 315301 314630 348018
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.50
percent
9.4 9.4 9 9 9
Population 2.10
Million
2.14 2.16 2.17 2.19 2.34
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 6.53
percent
6 5.5 5.3 5 6.8
Food Inflation 6.35
percent
6.72 6.7 6.71 6.71 6.71
Inflation Rate Mom 0.50
percent
0.56 0.56 0.56 0.56 0.56
Gdp Deflator 175.00
Index Points
183 185 187 189 212
Consumer Price Index Cpi 201.59
Index Points
207 209 212 212 235
Cpi Housing Utilities 195.22
Index Points
201 202 206 205 227
Cpi Transportation 234.32
Index Points
246 246 247 246 276
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 13.50
percent
13.5 13.5 15 15 16
Deposit Interest Rate 15.55
percent
15.55 15.55 17.05 17.05 18.05
Money Supply M0 14116.01
GMD Million
15496 16046 16574 17081 21178
Money Supply M1 15717.87
GMD Million
16689 17134 17577 18017 22287
Money Supply M2 29833.88
GMD Million
33470 35029 36569 38093 52388
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 117.39
million GMD
221 -451 193 -675 -410
Exports 5177.74
million GMD
5512 5601 5546 5580 5569
Imports 5060.35
million GMD
5291 6030 5354 6255 5979
Current Account -1631.53
Dalasi Million
-1098 -1113 -1119 -1113 -1116
Current Account to GDP -14.30
percent
-10 -10 -11 -11 -9
Terrorism Index 0.00
0 0 0 0 0
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 65.60
percent
63 63 58 58 52
Government Budget -3.90
percent of GDP
-4.59 -4.12 -4.27 -4.42 -5.25
Military Expenditure 15.10
USD Million
15.45 15.74 16.08 16.42 19.95
Government Budget Value -666.62
Dalasi Million
-770 -1279 -254 -1331 -1108
Government Revenues 2377.68
Dalasi Million
3336 3154 3006 3027 3074
Fiscal Expenditure 3044.30
Dalasi Million
2852 3117 3313 3461 3371
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 2321.23
KBps
2623 2681 2740 2797 3289
IP Addresses 4061.00
IP
4029 4060 4049 4039 4049
Ease of Doing Business 146.00
143 142 142 142 140
Competitiveness Index 3.61
Points
3.46 3.46 3.64 3.7 3.71
Competitiveness Rank 117.00
122 122 118 116 115
Corruption Index 30.00
Points
28 29 29 29 28
Corruption Rank 130.00
115 112 109 106 109
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 26.95
celsius
27.64 26.69 26.47 28.27 28.21