Consumer price inflation — all countries

Consumer price inflation — Gambia

Consumer price inflation in the Gambia in 2024 — 11.56%. Ranked 154 in the world out of 174. Since 1962, the indicator has risen by 9.77 pp.

2024 11.56% −5.41 pp vs 2023
World rank 154of 174
Period maximum 56.56%1986
Period minimum -4.54%1964

Trend over time

1962–2024 · % per year

Consumer price inflation — Gambia, 1962–2024-20020406019621969197619831990199720042011201820241962: 1.79%1964: -4.54%1966: 0.24%1968: 4.18%1970: -1.99%1972: 8.7%1974: 9.24%1976: 17.03%1978: 8.86%1980: 6.82%1982: 10.86%1984: 22.1%1986: 56.56%1988: 11.69%1990: 12.17%1992: 9.49%1994: 1.71%1996: 1.1%1998: 1.11%2000: 0.84%2002: 8.61%2004: 14.21%2006: 2.06%2008: 4.44%2010: 5.05%2012: 4.25%2014: 5.95%2016: 7.23%2018: 6.52%2020: 5.93%2022: 11.51%2024: 11.56%
Change over the period: +9.77 pp Annual average: 0.16 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Gambia

Gambia 11.56%
World 3.01%
Western Africa computed 21.04%
Low-income countries computed 13.04%
Consumer price inflation — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2024 11.56 −5.41 pp
2023 16.97 +5.46 pp
2022 11.51 +4.14 pp
2021 7.37 +1.44 pp
2020 5.93 −1.18 pp
2019 7.12 +0.59 pp
2018 6.52 −1.51 pp
2017 8.03 +0.81 pp
2016 7.23 +0.42 pp
2015 6.81 +0.86 pp
2014 5.95 +0.25 pp
2013 5.7 +1.44 pp
2012 4.25 −0.54 pp
2011 4.8 −0.25 pp
2010 5.05 +0.49 pp
2009 4.56 +0.12 pp
2008 4.44 −0.93 pp
2007 5.37 +3.31 pp
2006 2.06 −2.78 pp
2005 4.84 −9.37 pp
2004 14.21 −2.83 pp
2003 17.03 +8.42 pp
2002 8.61 +4.12 pp
2001 4.49 +3.65 pp
2000 0.84 −2.97 pp
1999 3.81 +2.7 pp
1998 1.11 −1.67 pp
1997 2.78 +1.68 pp
1996 1.1 −5.88 pp
1995 6.98 +5.27 pp
1994 1.71 −4.75 pp
1993 6.46 −3.02 pp
1992 9.49 +0.84 pp
1991 8.64 −3.53 pp
1990 12.17 +3.89 pp
1989 8.28 −3.42 pp
1988 11.69 −11.84 pp
1987 23.53 −33.03 pp
1986 56.56 +38.24 pp
1985 18.32 −3.78 pp
1984 22.1 +11.46 pp
1983 10.64 −0.22 pp
1982 10.86 +4.91 pp
1981 5.94 −0.88 pp
1980 6.82 +0.7 pp
1979 6.13 −2.73 pp
1978 8.86 −3.53 pp
1977 12.39 −4.64 pp
1976 17.03 −8.9 pp
1975 25.92 +16.69 pp
1974 9.24 +2.32 pp
1973 6.92 −1.78 pp
1972 8.7 +5.64 pp
1971 3.06 +5.04 pp
1970 -1.99 −7 pp
1969 5.01 +0.83 pp
1968 4.18 +2.77 pp
1967 1.41 +1.17 pp
1966 0.24 −0.98 pp
1965 1.22 +5.75 pp
1964 -4.54 −9.15 pp
1963 4.62 +2.83 pp
1962 1.79

About the indicator

The annual growth rate of the consumer price index — the cost of a fixed or periodically updated basket of goods and services for households. Negative values mean deflation. The composition of the basket and its weights are set by national statistical offices, so the figures are comparable in order of magnitude but not identical in method.

Important: In countries with hyperinflation the indicator can run into hundreds and thousands of percent, which is worth keeping in mind when reading charts.

Source: World Development Indicators (World Bank), license CC BY 4.0.