Markets Actual Q3 Q4 Q1 Q2 2020
Currency 50.60 50.77 51.29 51.82 52.35 53.43
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 5.40 5.4 5.4 5.2 5.2 5.2
Unemployment Rate (%) 9.50 9 9 9 9 9
Inflation Rate (%) 7.38 6.5 6 5.7 5.5 5.2
Interest Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Balance of Trade (GMD Thousands) -2080703.00 -28.99 -57.48 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -15 -15 -15
Government Debt to GDP (%) 65.60 58 58 52 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.8 -3.8 -3.8
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 5.40 5.4 5.4 5.2 5.2 5.2
GDP (USD Billion) 1.62 1.67 1.67 1.75 1.75 1.75
GDP per capita (USD) 518.80 510 510 530 530 530
GDP per capita PPP (USD) 1516.70 1550 1550 1575 1575 1575
GDP Constant Prices (GMD Thousand) 57777815975.00 25981903 25981903 25831247 56933155203 27174472
GDP From Agriculture (GMD Thousand) 4590110.00 4837976 4837976 4828796 4828796 5089551
GDP From Construction (GMD Thousand) 5469794833.00 4011540756 5765163754 5754224164 5754224164 6064952269
GDP From Manufacturing (GMD Thousand) 2526253675.00 2474260365 2662671373 2657618866 2657618866 2801130285
GDP From Mining (GMD Thousand) 295694513.00 85019407 311662017 311070628 311070628 327868442
GDP From Public Administration (GMD Thousand) 1600367327.00 1362790762 1686787163 1683586428 1683586428 1774500095
GDP From Services (GMD Thousand) 16007169.00 16871556 16871556 16839542 16839542 17748877
GDP From Transport (GMD Thousand) 4303923.00 4536335 4536335 4527727 4527727 4772224
GDP From Utilities (GMD Thousand) 305022.00 321493 321493 320883 320883 338211
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 9.50 9 9 9 9 9
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 7.38 6.5 6 5.7 5.5 5.2
Consumer Price Index Cpi (Index Points) 219.72 221 224 226 232 235
Cpi Housing Utilities (Index Points) 209.55 214 216 218 221 227
Cpi Transportation (Index Points) 243.87 255 257 257 257 270
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Deposit Interest Rate (%) 9.00 9 9 9 9 9
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (GMD Thousands) -2080703.00 -28.99 -57.48 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -15 -15 -15
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 65.60 58 58 52 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.8 -3.8 -3.8
Taxes Actual Q3 Q4 Q1 Q2 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.