Inflation Gambia 2018
Average inflation: 4.7%
Current Inflation
Inflation is high at 4.7%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 6.7%. The lowest inflation was in January at 1.7%.
- Highest month
- November: 6.7%
- Lowest month
- January: 1.7%
- Difference
- 5.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.3%. The lowest price increase was in Energy with an average of 6.0%.
- Highest increase
- Food: 6.3%
- Lowest increase
- Energy: 6.0%
Historical Context
Current inflation is 1.9% higher than the 5-year average of 2.8%. This approaches the highest level since records began (4.8% in 2014).
- 5-year average
- 2.8%
- 10-year average
- 2.3%
- All-time high (2014)
- 4.8%
- All-time low (2015)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +2.0 percentage point.
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- November: +5.9 percentage points
ECB Target
Inflation is 2.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 1.7% | -2.2 |
| February | 3.0% | -0.1 |
| March | 3.4% | +0.6 |
| April | 3.5% | -0.1 |
| May | 4.5% | +1.1 |
| June | 5.4% | +1.9 |
| July | 5.5% | +2.1 |
| August | 5.5% | +2.5 |
| September | 5.1% | +2.3 |
| October | 6.3% | +5.7 |
| November | 6.7% | +5.9 |
| December | 6.3% | +5.2 |
| Average | 4.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.