Inflation Rate in Gambia increased to 7.01 percent in September from 6.95 percent in August of 2021. source: GBoS - Gambia Bureau of Statistics

Inflation Rate in Gambia averaged 8.06 percent from 1962 until 2021, reaching an all time high of 75.64 percent in August of 1986 and a record low of -10.91 percent in July of 1964. This page provides - Gambia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Inflation Rate in Gambia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Inflation Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Gambia Inflation Rate

Gambia Last Unit Reference Previous Highest Lowest
Inflation Rate 7.01 percent Sep/21 6.95 75.64 -10.91
Food Inflation 8.90 percent Aug/21 11.40 11.40 4.57
Cpi Transportation 113.15 points Sep/21 112.06 113.15 40.73
Cpi Housing Utilities 105.68 points Sep/21 104.57 105.68 45.99
Consumer Price Index CPI 110.69 points Sep/21 110.29 110.69 43.99
Inflation Rate Mom 0.20 percent Aug/21 0.30 1.90 -0.70
GDP Deflator 152.92 points Dec/20 146.99 152.92 69.76

Gambia Inflation Rate
In Gambia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.