Inflation Rate in Gambia decreased to 6.95 percent in August from 8.17 percent in July 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 September of 2021.

Inflation Rate in Gambia is expected to be 10.00 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

Actual Previous Highest Lowest Dates Unit Frequency
6.95 8.17 75.64 -10.91 1962 - 2021 percent Monthly
2020M1=100, NSA

Gambia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.95 8.17 75.64 -10.91 percent [+]
Food Inflation 11.40 10.90 11.40 4.57 percent [+]
Inflation Rate Mom 0.30 0.50 1.90 -0.70 percent [+]
GDP Deflator 152.92 146.99 152.92 69.76 points [+]
Consumer Price Index CPI 110.29 110.12 110.29 43.99 points [+]
Cpi Housing Utilities 104.57 104.44 104.57 45.99 points [+]
Cpi Transportation 112.06 110.84 112.06 40.73 points [+]


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.