In 2017, inflation rate for Gambia was 8 %. Though Gambia inflation rate fluctuated substantially in recent years, it tended to decrease through 1968 - 2017 period ending at 8 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.