The average inflation rate in Gambia was forecast to continuously decrease between 2024 and 2029 by in total 10.1 percentage points. The inflation is estimated to amount to five percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Cape Verde, Ghana and Togo.
The Gambia: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
5%
2028*
5%
2027*
5%
2026*
6.55%
2025*
10.52%
2024*
15.12%
2023*
16.97%
2022
11.51%
2021
7.37%
2020
5.93%
2019
7.12%
2018
6.52%
2017
8.05%
2016
7.22%
2015
6.81%
2014
6.26%
2013
5.24%
2012
4.64%
2011
4.8%
2010
5.05%
2009
4.55%
2008
4.45%
2007
5.37%
2006
2.06%
2005
4.96%
2004
14.29%
2003
17.03%
2002
8.61%
2001
4.49%
2000
0.85%
1999
3.81%
1998
1.11%
1997
2.78%
1996
1.1%
1995
6.98%
1994
1.71%
1993
6.47%
1992
9.48%
1991
8.64%
1990
12.17%
1989
8.26%
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IMF. (April 22, 2024). The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/525570/inflation-rate-in-gambia/
IMF. "The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/525570/inflation-rate-in-gambia/
IMF. (2024). The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/525570/inflation-rate-in-gambia/
IMF. "The Gambia: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/525570/inflation-rate-in-gambia/
IMF, The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/525570/inflation-rate-in-gambia/ (last visited August 25, 2024)
The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/525570/inflation-rate-in-gambia/