Gambia, The 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.81 billion
↓ 0.08% vs 2019GDP per Capita
$720.34
↓ 2.42% vs 2019GDP Growth (Annual %)
0.59%
↓ 5.63pp vs 2019Inflation Rate (CPI %)
5.93%
↓ 1.18pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.81 billion | $1.81 billion | -0.08% |
| GDP per Capita | $738.19 | $720.34 | -2.42% |
| GDP Growth (Annual %) | 6.22% | 0.59% | -5.63pp |
| Inflation (CPI %) | 7.12% | 5.93% | -1.18pp |
| Unemployment Rate (%) | 4.54% | 5.89% | +1.35pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.81 billion
- GDP per Capita
- $720.34
- GDP Growth (Annual %)
- 0.59%
- Gross National Income
- $1.79 billion
Prices & Employment
- Inflation (CPI %)
- 5.93%
- Inflation (GDP Deflator %)
- 2.19%
- Unemployment Rate (%)
- 5.89%
- Interest Rate (Real %)
- 25.26%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.78%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Gambia, The's Gross Domestic Product (GDP) is $1.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Gambia, The for 2020 is $720.34. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Gambia, The for 2020 is 5.93%. This measures the annual percentage change in the cost of consumer goods and services.
Gambia, The's annual GDP growth rate for 2020 is 0.59%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Gambia, The for 2020 is 5.89%. This represents the percentage of the labor force that is unemployed and actively seeking employment.