Gambia | Economic Forecasts | 2017-2020 Outlook

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.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 44.90 44.49 44.93 46.25 45.81 52.86 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 4.70 5.6 5.6 5.6 4 4.59 percent [+]
GDP 0.94 0.88 0.91 0.93 0.93 0.94 USD Billion [+]
GDP per capita 536.28 537 538 539 537 535 USD [+]
GDP per capita PPP 1557.57 1563 1566 1568 1567 1566 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 29.80 37.04 37.68 38.33 41.33 15 percent [+]
Population 1.99 2 2.02 2.03 2.04 2.13 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 8.80 7.9 8 8.1 9.08 8.5 percent [+]
Food Inflation 9.82 9.85 9.83 9.83 9.83 9.83 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 23.00 23 23 23 22 20 percent [+]
Deposit Interest Rate 16.51 15.69 16.03 16.38 15.94 15.24 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -2344.80 -1972 -1736 -1851 -1845 -1816 million GMD [+]
Exports 960.10 920 920 921 921 921 million GMD [+]
Imports 3304.90 2979 2696 2848 2800 2817 million GMD [+]
Current Account -1631.53 -1182 -1047 -1080 -1130 -1116 Dalasi Million [+]
Current Account to GDP -20.00 -8.9 -18.66 -20.75 -21.84 -6.35 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 50.70 60.43 59.72 59.02 60.74 71.75 percent [+]
Government Budget -6.50 -5.02 -4.7 -4.38 -4.31 -4.86 percent of GDP [+]
Military Expenditure 13.30 13.32 13.58 13.84 14.14 16.91 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 145.00 146 144 142 141 137 [+]
Competitiveness Index 3.47 3.47 3.47 3.47 3.46 3.46 Points [+]
Competitiveness Rank 123.00 125 125 125 118 98 [+]
Corruption Index 26.00 27 29 28 28 29 Points [+]
Corruption Rank 145.00 127 131 135 133 119 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]