Markets Actual Q4 Q1 Q2 Q3 2022
Currency 52.50 52.55 52.75 52.95 53.15 53.55

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -0.20 4.8 6 6 6 6
Unemployment Rate (%) 9.60 9.5 9.3 9.3 9.3 9.3
Inflation Rate (%) 7.34 8 6.5 5.3 4 4.5
Interest Rate (%) 10.00 10 10 9.5 9.5 9.5
Balance of Trade (GMD Thousands) -2660614.00 -29.2 -28.99 -57.48 -57.48 -80.89
Current Account to GDP (% of GDP) -8.60 -10 -11 -11 -11 -11
Government Debt to GDP (% of GDP) 83.10 84 82 82 82 82
Government Budget (% of GDP) -3.70 -3.2 -2.6 -2.6 -2.6 -2.6

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -0.20 4.8 6 6 6 6
GDP (USD Billion) 1.90 2 2.1 2.1 2.1 2.1
GDP per capita (USD) 693.07 705 750 750 750 750
GDP per capita PPP (USD) 2159.44 2200 2170 2170 2170 2170
GDP Constant Prices (GMD Thousand) 61644340411.00 28421780 28421780 28421780 28421780 28421780
GDP From Agriculture (GMD Thousand) 5223279581.00 5282253 5473997001 5536676356 5536676356 5802436821
GDP From Construction (GMD Thousand) 8155249042.00 1490013 8546700996 8644563985 8644563985 9059503056
GDP From Manufacturing (GMD Thousand) 1859919502.00 1461416 1949195638 1971514672 1971514672 2066147376
GDP From Mining (GMD Thousand) 429027278.00 622930 449620587 454768915 454768915 476597823
GDP From Public Administration (GMD Thousand) 1810087933.00 624847 1896972154 1918693209 1918693209 2010790483
GDP From Services (GMD Thousand) 33.00 18420889 18420889 18420889 18420889 18420889
GDP From Transport (GMD Thousand) 2064204635.00 4952911 2163286457 2188056913 2188056913 2293083645
GDP From Utilities (GMD Thousand) 781691498.00 351016 819212690 828592988 828592988 868365451

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 9.60 9.5 9.3 9.3 9.3 9.3
Population (Million) 2.28 2.49 2.49 2.49 2.49 2.56

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 7.34 8 6.5 5.3 4 4.5
Food Inflation (%) 8.80 8.6 7.4 6.5 6.3 6
Inflation Rate Mom (%) 1.10 0.5 1 0.6 1.2 0.6
CPI Housing Utilities (points) 105.54 237 111 110 110 114
CPI Transportation (points) 113.15 282 115 116 117 118
Consumer Price Index CPI (points) 111.95 245 116 116 115 119

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 10.00 10 10 9.5 9.5 9.5

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (GMD Thousands) -2660614.00 -29.2 -28.99 -57.48 -57.48 -80.89
Current Account to GDP (% of GDP) -8.60 -10 -11 -11 -11 -11
Tourist Arrivals (Persons) 7147.00 6300 5700 6500 6500 6500

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 83.10 84 82 82 82 82
Government Budget (% of GDP) -3.70 -3.2 -2.6 -2.6 -2.6 -2.6
Military Expenditure (USD Million) 14.30 12 12 12 12 12
Fiscal Expenditure (Dalasi Million) 5475.34 5700 5400 5200 4800 4600

Taxes Actual Q4 Q1 Q2 Q3 2022
Sales Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 27.00 31 31 31 31 31

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 35.00 35 42 50 55 60


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Gambia Forecast - was last updated on Wednesday, December 1, 2021.