Markets Actual Q3 Q4 Q1 Q2 2020
Currency 51.00 51.19 51.59 51.98 52.39 53.2
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.50 5.6 5.6 5.3 5.3 5.3
Unemployment Rate (%) 9.50 9.6 9.6 9.6 9.6 9.6
Inflation Rate (%) 7.38 6.5 6 5.7 5.5 5.2
Interest Rate (%) 12.50 12.5 12.5 12 12 12
Balance of Trade (GMD Thousands) -2638587.00 -28.99 -57.48 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -15 -15 -15
Government Debt to GDP (%) 65.60 58 58 52 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.8 -3.8 -3.8
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 6.50 5.6 5.6 5.3 5.3 5.3
GDP (USD Billion) 1.62 1.67 1.67 1.75 1.75 1.75
GDP per capita (USD) 518.80 510 510 530 530 530
GDP per capita PPP (USD) 1516.70 1550 1550 1575 1575 1575
GDP Constant Prices (GMD Thousand) 57777815975.00 25981903 25981903 25831247 56933155203 27174472
GDP From Agriculture (GMD Thousand) 4590110.00 4847156 4847156 4833386 4833386 5104055
GDP From Construction (GMD Thousand) 5469794833.00 4019152788 5776103344 5759693959 5759693959 6082236821
GDP From Manufacturing (GMD Thousand) 2526253675.00 2478955356 2667723881 2660145120 2660145120 2809113246
GDP From Mining (GMD Thousand) 295694513.00 85180734 312253406 311366322 311366322 328802836
GDP From Public Administration (GMD Thousand) 1600367327.00 1365376702 1689987897 1685186795 1685186795 1779557256
GDP From Services (GMD Thousand) 16007169.00 16903570 16903570 16855549 16855549 17799460
GDP From Transport (GMD Thousand) 4303923.00 4544943 4544943 4532031 4532031 4785825
GDP From Utilities (GMD Thousand) 305022.00 322103 322103 321188 321188 339175
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 9.50 9.6 9.6 9.6 9.6 9.6
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 7.38 6.5 6 5.7 5.5 5.2
Consumer Price Index Cpi (Index Points) 219.72 221 224 226 232 235
Cpi Housing Utilities (Index Points) 209.55 214 216 218 221 227
Cpi Transportation (Index Points) 243.87 255 257 257 257 270
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 12.50 12.5 12.5 12 12 12
Deposit Interest Rate (%) 9.00 9 9 8.5 8.5 8.5
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (GMD Thousands) -2638587.00 -28.99 -57.48 -57.48 -57.48 -80.89
Current Account to GDP (%) -14.30 -13.5 -13.5 -15 -15 -15
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 65.60 58 58 52 52 52
Government Budget (% of GDP) -3.90 -3.5 -3.5 -3.8 -3.8 -3.8
Taxes Actual Q3 Q4 Q1 Q2 2020
Sales Tax Rate (%) 15.00 15 15 15 15 15
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 31.00 31 31 31 31 31


This page has economic forecasts for Gambia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Gambia economy.