The average inflation rate in Gambia was forecast to continuously decrease between 2024 and 2029 by in total 9.4 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*
9.8%
2024*
14.4%
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%
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (October 22, 2024). The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved December 02, 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. October 22, 2024. Statista. Accessed December 02, 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: December 02, 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 Oct 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 December 02, 2024)
The Gambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/525570/inflation-rate-in-gambia/