The Gambia - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in The Gambia was 7.37 as of 2021. As the graph below shows, over the past 59 years this indicator reached a maximum value of 56.56 in 1986 and a minimum value of -4.54 in 1964.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1962 1.79
1963 4.62
1964 -4.54
1965 1.22
1966 0.24
1967 1.41
1968 4.18
1969 5.01
1970 -1.99
1971 3.06
1972 8.70
1973 6.92
1974 9.24
1975 25.93
1976 17.03
1977 12.39
1978 8.86
1979 6.13
1980 6.82
1981 5.94
1982 10.86
1983 10.64
1984 22.10
1985 18.32
1986 56.56
1987 23.53
1988 11.69
1989 8.28
1990 12.17
1991 8.64
1992 9.49
1993 6.46
1994 1.71
1995 6.98
1996 1.10
1997 2.78
1998 1.11
1999 3.81
2000 0.84
2001 4.49
2002 8.61
2003 17.03
2004 14.21
2005 4.84
2006 2.06
2007 5.37
2008 4.44
2009 4.56
2010 5.05
2011 4.80
2012 4.25
2013 5.70
2014 5.95
2015 6.81
2016 7.23
2017 8.03
2018 6.52
2019 7.12
2020 5.93
2021 7.37

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in The Gambia was 6.26 as of 2020. As the graph below shows, over the past 53 years this indicator reached a maximum value of 134.04 in 1991 and a minimum value of -8.69 in 1968.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 8.55
1968 -8.69
1969 7.13
1970 9.07
1971 5.16
1972 3.16
1973 -1.05
1974 20.94
1975 13.05
1976 11.69
1977 22.60
1978 6.46
1979 10.60
1980 -0.18
1981 1.56
1982 14.49
1983 2.68
1984 9.00
1985 39.42
1986 40.52
1987 18.50
1988 9.71
1989 13.74
1990 11.96
1991 134.04
1992 1.95
1993 5.14
1994 3.78
1995 3.96
1996 8.37
1997 -5.97
1998 5.41
1999 -2.44
2000 2.22
2001 1.81
2002 10.39
2003 12.89
2004 94.19
2005 4.11
2006 1.30
2007 4.41
2008 2.48
2009 4.51
2010 5.64
2011 4.57
2012 3.85
2013 5.93
2014 5.21
2015 9.72
2016 7.82
2017 3.92
2018 6.95
2019 6.26
2020 6.26

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in The Gambia was 6.26 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 94.19 in 2004 and 1.30 in 2006.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 11.96
1991 8.26
1992 7.12
1993 5.14
1994 3.78
1995 3.96
1996 2.91
1997 3.84
1998 2.52
1999 4.34
2000 2.22
2001 15.13
2002 16.10
2003 27.39
2004 94.19
2005 4.11
2006 1.30
2007 4.41
2008 2.48
2009 4.51
2010 5.64
2011 4.57
2012 3.85
2013 5.93
2014 5.21
2015 9.72
2016 7.82
2017 3.92
2018 6.95
2019 6.26
2020 6.26

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices