Annual inflation, consumer prices in Gambia

Gambia: Annual inflation, consumer prices was 11.6% in 2024. ◆ Volatile

Latest (2024)
11.6%
Change on year
down 31.9%
World rank
28th
of 203 countries
All-time high
17.0%
in 2003
All-time low
0.8%
in 2000
Years of data
25
2000–2024

Annual inflation, consumer prices in Gambia, 2000–2024

0510152000201220242000: 0.845 %2001: 4.5 %2002: 8.6 %2003: 17 %2004: 14.2 %2005: 4.8 %2006: 2.1 %2007: 5.4 %2008: 4.4 %2009: 4.6 %2010: 5 %2011: 4.8 %2012: 4.3 %2013: 5.7 %2014: 5.9 %2015: 6.8 %2016: 7.2 %2017: 8 %2018: 6.5 %2019: 7.1 %2020: 5.9 %2021: 7.4 %2022: 11.5 %2023: 17 %2024: 11.6 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in Gambia is 11.6%, measured in 2024.

The figure is down 31.9% on the previous year and up 94.4% over ten years.

Over the whole period, annual inflation, consumer prices in Gambia peaked at 17.0% in 2003 and was at its lowest, 0.8%, in 2000.

Gambia ranks 28th of 203 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Annual inflation, consumer prices in Gambia, year by year

Annual values for Annual inflation, consumer prices (%) in Gambia, 2000 to 2024.
Year % Change
2000 0.8% —
2001 4.5% +431.7%
2002 8.6% +91.6%
2003 17.0% +97.8%
2004 14.2% -16.6%
2005 4.8% -65.9%
2006 2.1% -57.5%
2007 5.4% +161.1%
2008 4.4% -17.2%
2009 4.6% +2.7%
2010 5.0% +10.7%
2011 4.8% -5.0%
2012 4.3% -11.3%
2013 5.7% +34.0%
2014 5.9% +4.4%
2015 6.8% +14.5%
2016 7.2% +6.2%
2017 8.0% +11.1%
2018 6.5% -18.8%
2019 7.1% +9.1%
2020 5.9% -16.6%
2021 7.4% +24.3%
2022 11.5% +56.2%
2023 17.0% +47.4%
2024 11.6% -31.9%

Gambia compared with similar countries

  • Gambia's 11.6% is above the median for low income countries, which is 8.9%, 1.3× the median. (21 countries reporting)
  • Gambia's 11.6% is above the median for Sub-Saharan Africa, which is 4.5%, 2.6× the median. (43 countries reporting)

Biggest year-on-year movements

Years where Annual inflation, consumer prices in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +431.7% 0.8% 4.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.6% 0.8% 17.0% 10
2010s 6.1% 4.3% 8.0% 10
2020s 10.7% 5.9% 17.0% 5

Countries ranked near Gambia

  1. 25 Syrian Arab Republic 13.4% compare
  2. 25 Syria 13.4% compare
  3. 27 Pakistan 12.6% compare
  4. 29 Vanuatu 11.2% compare
  5. 30 Kyrgyzstan 10.8% compare
  6. 31 Bangladesh 10.5% compare

See the full ranking of 236 places →

More development goals data for Gambia

All data for Gambia →

Frequently asked questions

What is annual inflation, consumer prices in Gambia?
Annual inflation, consumer prices in Gambia was 11.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Gambia?
The highest recorded value was 17.0% in 2003.
What is the lowest annual inflation, consumer prices recorded in Gambia?
The lowest recorded value was 0.8% in 2000.
How does Gambia rank for annual inflation, consumer prices?
Gambia ranks 28th out of 203 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Gambia?
Over the last ten years it is up 94.4%. The long-run trend across the full record is volatile.
Where does this Gambia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in Gambia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/gambia-the/

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About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
236 places, 5,622 data points, 2000–2024
Last refreshed