The inflation rate in Gambia was recorded at 7.55 percent in October of 2019. Inflation Rate in Gambia averaged 8.11 percent from 1962 until 2019, 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.

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. Looking forward, we estimate Inflation Rate in Gambia to stand at 5.60 in 12 months time. In the long-term, the Gambia Inflation Rate is projected to trend around 5.30 percent in 2020, according to our econometric models.

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Gambia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.55 7.58 75.64 -10.91 1962 - 2019 percent Monthly
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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.

Gambia Prices Last Previous Highest Lowest Unit
Inflation Rate 7.55 7.58 75.64 -10.91 percent [+]
Food Inflation 7.15 6.82 10.00 4.57 percent [+]
Inflation Rate Mom 0.54 0.72 1.29 0.14 percent [+]
Consumer Price Index Cpi 224.56 223.57 224.56 100.30 points [+]
Cpi Housing Utilities 213.76 212.69 213.76 115.96 points [+]
Cpi Transportation 244.76 244.63 244.76 119.40 points [+]
GDP Deflator 136.08 129.35 136.08 69.76 points [+]