Gambia Inflation Rate 1962-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Gambia inflation rate for 2023 was 16.97%, a 5.46% increase from 2022.
- Gambia inflation rate for 2022 was 11.51%, a 4.14% increase from 2021.
- Gambia inflation rate for 2021 was 7.37%, a 1.44% increase from 2020.
- Gambia inflation rate for 2020 was 5.93%, a 1.18% decline from 2019.
| Gambia Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
16.97% |
5.46% |
| 2022 |
11.51% |
4.14% |
| 2021 |
7.37% |
1.44% |
| 2020 |
5.93% |
-1.18% |
| 2019 |
7.12% |
0.59% |
| 2018 |
6.52% |
-1.51% |
| 2017 |
8.03% |
0.81% |
| 2016 |
7.23% |
0.42% |
| 2015 |
6.81% |
0.86% |
| 2014 |
5.95% |
0.25% |
| 2013 |
5.70% |
1.44% |
| 2012 |
4.25% |
-0.54% |
| 2011 |
4.80% |
-0.25% |
| 2010 |
5.05% |
0.49% |
| 2009 |
4.56% |
0.12% |
| 2008 |
4.44% |
-0.93% |
| 2007 |
5.37% |
3.31% |
| 2006 |
2.06% |
-2.78% |
| 2005 |
4.84% |
-9.37% |
| 2004 |
14.21% |
-2.83% |
| 2003 |
17.03% |
8.42% |
| 2002 |
8.61% |
4.12% |
| 2001 |
4.49% |
3.65% |
| 2000 |
0.85% |
-2.97% |
| 1999 |
3.81% |
2.70% |
| 1998 |
1.11% |
-1.67% |
| 1997 |
2.78% |
1.68% |
| 1996 |
1.10% |
-5.88% |
| 1995 |
6.98% |
5.27% |
| 1994 |
1.71% |
-4.75% |
| 1993 |
6.46% |
-3.02% |
| 1992 |
9.49% |
0.84% |
| 1991 |
8.64% |
-3.53% |
| 1990 |
12.17% |
3.89% |
| 1989 |
8.28% |
-3.42% |
| 1988 |
11.69% |
-11.84% |
| 1987 |
23.53% |
-33.03% |
| 1986 |
56.56% |
38.24% |
| 1985 |
18.32% |
-3.78% |
| 1984 |
22.10% |
11.46% |
| 1983 |
10.64% |
-0.22% |
| 1982 |
10.86% |
4.91% |
| 1981 |
5.94% |
-0.88% |
| 1980 |
6.82% |
0.70% |
| 1979 |
6.13% |
-2.73% |
| 1978 |
8.86% |
-3.53% |
| 1977 |
12.39% |
-4.64% |
| 1976 |
17.03% |
-8.90% |
| 1975 |
25.93% |
16.69% |
| 1974 |
9.24% |
2.32% |
| 1973 |
6.92% |
-1.78% |
| 1972 |
8.70% |
5.64% |
| 1971 |
3.06% |
5.04% |
| 1970 |
-1.99% |
-7.00% |
| 1969 |
5.01% |
0.83% |
| 1968 |
4.18% |
2.77% |
| 1967 |
1.41% |
1.17% |
| 1966 |
0.24% |
-0.98% |
| 1965 |
1.22% |
5.75% |
| 1964 |
-4.54% |
-9.15% |
| 1963 |
4.62% |
2.83% |
| 1962 |
1.79% |
2.83% |
