Inflation Gambia 2022
Average inflation: 4.2%
Current Inflation
Inflation is high at 4.2%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 5.8%. The lowest inflation was in January at 1.9%.
- Highest month
- September: 5.8%
- Lowest month
- January: 1.9%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 14.0%. The lowest price increase was in Energy with an average of 5.4%.
- Highest increase
- Food: 14.0%
- Lowest increase
- Energy: 5.4%
Historical Context
Current inflation is 1.4% higher than the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 2.4%
- All-time high (2014)
- 4.8%
- All-time low (2015)
- -0.3%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.1 percentage point.
- Change vs. previous year
- +3.1 percentage points
- Largest monthly swing
- August: +5.2 percentage points
ECB Target
Inflation is 2.2% 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 €104.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 1.9% | +0.4 |
| February | 2.4% | +0.8 |
| March | 2.9% | +1.2 |
| April | 3.0% | +1.7 |
| May | 3.3% | +2.4 |
| June | 4.3% | +3.7 |
| July | 4.8% | +4.1 |
| August | 5.7% | +5.2 |
| September | 5.8% | +5.2 |
| October | 5.8% | +5.1 |
| November | 5.6% | +4.4 |
| December | 5.4% | +3.8 |
| Average | 4.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.