The inflation rate in Gambia was recorded at 7.68 percent in December of 2019. Gambia Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Inflation Rate in Gambia averaged 8.11 percent from 1962 until 2019, reaching an all time high of 75.64 percent in August of 1986 and a record low of -10.91 percent in July of 1964. This page provides - Gambia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Gambia is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Gambia to stand at 6.00 in 12 months time. In the long-term, the Gambia Inflation Rate is projected to trend around 6.50 percent in 2021 and 7.00 percent in 2022, according to our econometric models.


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Gambia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.68 7.73 75.64 -10.91 1962 - 2019 percent Monthly
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Gambia Inflation Rate
In Gambia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.