Gambia Inflation Rate 1962-2020

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 2019 was 7.12%, a 0.59% increase from 2018.
  • Gambia inflation rate for 2018 was 6.52%, a 1.51% decline from 2017.
  • Gambia inflation rate for 2017 was 8.03%, a 0.81% increase from 2016.
  • Gambia inflation rate for 2016 was 7.23%, a 0.42% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ethiopia 15.81%
Sierra Leone 14.80%
Guinea 9.47%
Malawi 9.37%
Gambia 7.12%
Madagascar 5.63%
Nepal 5.57%
Tanzania 3.46%
Rwanda 3.35%
Uganda 2.87%
Mozambique 2.78%
Afghanistan 2.30%
Senegal 1.76%
Togo 0.67%
Burundi -0.69%
Benin -0.92%
Chad -0.97%
Mali -1.66%
Niger -2.49%
Burkina Faso -3.23%
Gambia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%