Gambia, The 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$1.48 billion
↑ 7.72% vs 2015GDP per Capita
$650.06
↑ 4.93% vs 2015GDP Growth (Annual %)
1.94%
↓ 2.11pp vs 2015Inflation Rate (CPI %)
7.23%
↑ 0.42pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.38 billion | $1.48 billion | +7.72% |
| GDP per Capita | $619.54 | $650.06 | +4.93% |
| GDP Growth (Annual %) | 4.06% | 1.94% | -2.11pp |
| Inflation (CPI %) | 6.81% | 7.23% | +0.42pp |
| Unemployment Rate (%) | 7.26% | 6.29% | -0.98pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $1.48 billion
- GDP per Capita
- $650.06
- GDP Growth (Annual %)
- 1.94%
- Gross National Income
- $1.46 billion
Prices & Employment
- Inflation (CPI %)
- 7.23%
- Inflation (GDP Deflator %)
- 7.82%
- Unemployment Rate (%)
- 6.29%
- Interest Rate (Real %)
- N/A
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)
- -5.13%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Gambia, The's Gross Domestic Product (GDP) is $1.48 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Gambia, The for 2016 is $650.06. 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 2016 is 7.23%. This measures the annual percentage change in the cost of consumer goods and services.
Gambia, The's annual GDP growth rate for 2016 is 1.94%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Gambia, The for 2016 is 6.29%. This represents the percentage of the labor force that is unemployed and actively seeking employment.