Markets Actual Q2 Q3 Q4 Q1 2020
Currency 50.10 50.77 51.55 52.35 53.15 54.8
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 5.10 5.4 5.4 5.4 5.2 5.2
Unemployment Rate (%) 9.50 9 9 9 9 9
Inflation Rate (%) 6.13 5.7 5.3 5 5.2 5.2
Interest Rate (%) 12.50 12.5 12.5 12.5 12.5 12.5
Balance of Trade (USD Million) -72.00 -69.43 -28.99 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -13.5 -15 -15
Government Debt to GDP (%) 65.60 58 58 58 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.5 -3.8 -3.8
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) 5.10 5.4 5.4 5.4 5.2 5.2
GDP (USD Billion) 1.01 1.2 1.2 1.2 1.1 1.1
GDP per capita (USD) 534.30 554 554 554 564 564
GDP per capita PPP (USD) 1561.77 1571 1563 1563 1562 1562
GDP Constant Prices (GMD Thousand) 57777815975.00 57041393140 57041393140 57041393140 56933155203 60007545584
GDP From Agriculture (GMD Thousand) 4590110.00 4837976 4837976 4837976 4828796 5089551
GDP From Construction (GMD Thousand) 5469794833.00 4011540756 4011540756 4011540756 4003928725 4220140876
GDP From Manufacturing (GMD Thousand) 2526253675.00 2474260365 2474260365 2474260365 2469565373 2602921903
GDP From Mining (GMD Thousand) 295694513.00 85019407 85019407 85019407 84858080 89440416
GDP From Public Administration (GMD Thousand) 1600367327.00 1362790762 1362790762 1362790762 1360204821 1433655881
GDP From Services (GMD Thousand) 16007169.00 16871556 16871556 16871556 16839542 17748877
GDP From Transport (GMD Thousand) 4303923.00 4536335 4536335 4536335 4527727 4772224
GDP From Utilities (GMD Thousand) 305022.00 321493 321493 321493 320883 338211
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 9.50 9 9 9 9 9
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 6.13 5.7 5.3 5 5.2 5.2
Consumer Price Index Cpi (Index Points) 216.70 216 219 221 224 233
Cpi Housing Utilities (Index Points) 207.84 210 212 214 217 225
Cpi Transportation (Index Points) 243.57 251 252 254 255 268
Money Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -72.00 -69.43 -28.99 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -13.5 -15 -15
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 65.60 58 58 58 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.5 -3.8 -3.8
Taxes Actual Q2 Q3 Q4 Q1 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.