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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 47.75
50.51 53.43 56.52 59.78 74.85
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 2.20
percent
4 4 3.35 4 4.59
GDP 0.96
USD Billion
0.9 0.9 0.9 0.9 0.9
GDP per capita 532.30
USD
536 533 530 528 527
GDP per capita PPP 1565.80
USD
1571 1565 1559 1552 1546
Gdp Constant Prices 24697626.00
GMD Thousand
24717575 24758725 24799875 24841026 25276452
Gdp From Agriculture 4590110.00
GMD Thousand
4564129 4577924 4591720 4605515 4431066
Gdp From Construction 1294774.00
GMD Thousand
1329744 1321398 1313052 1304706 978032
Gdp From Manufacturing 1269924.00
GMD Thousand
1250421 1254650 1258879 1263108 1211590
Gdp From Mining 541306.00
GMD Thousand
553361 522860 492360 461859 277466
Gdp From Public Administration 542972.00
GMD Thousand
520002 526585 533169 539753 488659
Gdp From Services 16007169.00
GMD Thousand
15847903 16036195 16224488 16412780 16942262
Gdp From Transport 4303923.00
GMD Thousand
4258013 4288113 4318214 4348314 4535988
Gdp From Utilities 305022.00
GMD Thousand
294939 299623 304308 308993 295572
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 29.69
percent
29.6 29.6 29.6 29.6 15
Population 2.04
Million
2.05 2.06 2.08 2.09 2.27
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 7.92
percent
8.1 8.3 8.4 8.3 8.5
Food Inflation 8.35
percent
7.69 7.58 7.5 7.44 7.27
Inflation Rate Mom 0.60
percent
0.51 0.51 0.51 0.51 0.51
Gdp Deflator 175.00
Index Points
179 181 183 185 207
Cpi Housing Utilities 188.90
Index Points
188 187 187 186 182
Consumer Price Index Cpi 194.15
Index Points
200 201 203 204 202
Cpi Transportation 232.96
Index Points
231 230 230 229 225
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 15.00
percent
15 15 15 15 16
Deposit Interest Rate 16.51
percent
14.61 15.07 15.53 15.98 13.52
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -2344.80
million GMD
-2009 -1992 -1973 -1954 -1852
Exports 960.10
million GMD
818 808 798 789 740
Imports 3304.90
million GMD
2926 2914 2893 2873 2742
Current Account -1631.53
Dalasi Million
-1067 -1052 -1041 -1028 -968
Current Account to GDP -11.40
percent
-10 -10 -10.94 -10 -9
Terrorism Index 0.00
0 0 0 0 0.06
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 50.70
percent
63 63 59.7 63 52
Government Budget -7.30
percent of GDP
-5.46 -5.69 -5.92 -6.15 -5.25
Military Expenditure 14.30
USD Million
13.42 13.58 13.74 13.9 13.36
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 2321.23
KBps
2289 2293 2266 2253 2102
IP Addresses 4061.00
IP
3709 3670 3641 3614 3406
Ease of Doing Business 146.00
143 143 143 142 140
Competitiveness Index 3.61
Points
3.51 3.51 3.51 3.51 3.62
Competitiveness Rank 117.00
120 120 120 120 113
Corruption Index 26.00
Points
27 27 26 26 28
Corruption Rank 145.00
115 116 116 117 103
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 15.00
percent
15 15 15 15 15
Personal Income Tax Rate 30.00
percent
31 31 31 31 31
Corporate Tax Rate 31.00
percent
31 31 31 31 31
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 26.95
celsius
26.41 29.63 27.64 26.69 28.21