Price level index in Gambia
Gambia: Price level index was 28.63 Households and NPISHs Final consumption expenditure in 2024. ▼ Falling
Price level index in Gambia, 1990–2024
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
Gambia recorded 28.63 Households and NPISHs Final consumption expenditure for price level index in 2024. That is the lowest value across all 35 years on record.
Compared with earlier readings it is down 2.0% on the previous year and down 5.9% over ten years.
Over the whole period, price level index in Gambia peaked at 76.51 Households and NPISHs Final consumption expenditure in 1990 and was at its lowest, 28.63 Households and NPISHs Final consumption expenditure, in 2024.
That places Gambia 186th out of 205 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Price level index in Gambia, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 1990 | 76.51 Households and NPISHs Final consumption expenditure | — |
| 1991 | 71.95 Households and NPISHs Final consumption expenditure | -6.0% |
| 1992 | 75.06 Households and NPISHs Final consumption expenditure | +4.3% |
| 1993 | 75.76 Households and NPISHs Final consumption expenditure | +0.9% |
| 1994 | 71.43 Households and NPISHs Final consumption expenditure | -5.7% |
| 1995 | 74.62 Households and NPISHs Final consumption expenditure | +4.5% |
| 1996 | 71.4 Households and NPISHs Final consumption expenditure | -4.3% |
| 1997 | 68.88 Households and NPISHs Final consumption expenditure | -3.5% |
| 1998 | 65.73 Households and NPISHs Final consumption expenditure | -4.6% |
| 1999 | 62.37 Households and NPISHs Final consumption expenditure | -5.1% |
| 2000 | 54.21 Households and NPISHs Final consumption expenditure | -13.1% |
| 2001 | 44.91 Households and NPISHs Final consumption expenditure | -17.2% |
| 2002 | 37.82 Households and NPISHs Final consumption expenditure | -15.8% |
| 2003 | 30.21 Households and NPISHs Final consumption expenditure | -20.1% |
| 2004 | 31.93 Households and NPISHs Final consumption expenditure | +5.7% |
| 2005 | 34.02 Households and NPISHs Final consumption expenditure | +6.6% |
| 2006 | 34.25 Households and NPISHs Final consumption expenditure | +0.7% |
| 2007 | 39.59 Households and NPISHs Final consumption expenditure | +15.6% |
| 2008 | 44.63 Households and NPISHs Final consumption expenditure | +12.7% |
| 2009 | 39 Households and NPISHs Final consumption expenditure | -12.6% |
| 2010 | 38.34 Households and NPISHs Final consumption expenditure | -1.7% |
| 2011 | 37.04 Households and NPISHs Final consumption expenditure | -3.4% |
| 2012 | 34.37 Households and NPISHs Final consumption expenditure | -7.2% |
| 2013 | 33.15 Households and NPISHs Final consumption expenditure | -3.5% |
| 2014 | 30.43 Households and NPISHs Final consumption expenditure | -8.2% |
| 2015 | 31.63 Households and NPISHs Final consumption expenditure | +3.9% |
| 2016 | 32.48 Households and NPISHs Final consumption expenditure | +2.7% |
| 2017 | 31.98 Households and NPISHs Final consumption expenditure | -1.6% |
| 2018 | 30.95 Households and NPISHs Final consumption expenditure | -3.2% |
| 2019 | 30.5 Households and NPISHs Final consumption expenditure | -1.5% |
| 2020 | 29.59 Households and NPISHs Final consumption expenditure | -3.0% |
| 2021 | 29.45 Households and NPISHs Final consumption expenditure | -0.5% |
| 2022 | 29 Households and NPISHs Final consumption expenditure | -1.5% |
| 2023 | 29.22 Households and NPISHs Final consumption expenditure | +0.8% |
| 2024 | 28.63 Households and NPISHs Final consumption expenditure | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.37 Households and NPISHs Final consumption expenditure | 62.37 Households and NPISHs Final consumption expenditure | 76.51 Households and NPISHs Final consumption expenditure | 10 |
| 2000s | 39.06 Households and NPISHs Final consumption expenditure | 30.21 Households and NPISHs Final consumption expenditure | 54.21 Households and NPISHs Final consumption expenditure | 10 |
| 2010s | 33.09 Households and NPISHs Final consumption expenditure | 30.43 Households and NPISHs Final consumption expenditure | 38.34 Households and NPISHs Final consumption expenditure | 10 |
| 2020s | 29.18 Households and NPISHs Final consumption expenditure | 28.63 Households and NPISHs Final consumption expenditure | 29.59 Households and NPISHs Final consumption expenditure | 5 |
Countries ranked near Gambia
- 183 Bangladesh 28.91 Households and NPISHs Final consumption expenditure compare
- 184 Viet Nam 28.86 Households and NPISHs Final consumption expenditure compare
- 185 Lao People's Democratic Republic 28.71 Households and NPISHs Final consumption expenditure compare
- 187 Ukraine 28.46 Households and NPISHs Final consumption expenditure compare
- 188 Tajikistan 28.46 Households and NPISHs Final consumption expenditure compare
- 189 Uzbekistan 28.41 Households and NPISHs Final consumption expenditure compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 686.38 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.27 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.37 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,256 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 24.22 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 98.08 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 90,142 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.37 % change on previous year (2025)
Frequently asked questions
- What is price level index in Gambia?
- Price level index in Gambia was 28.63 Households and NPISHs Final consumption expenditure in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Gambia?
- The highest recorded value was 76.51 Households and NPISHs Final consumption expenditure in 1990.
- What is the lowest price level index recorded in Gambia?
- The lowest recorded value was 28.63 Households and NPISHs Final consumption expenditure in 2024.
- How does Gambia rank for price level index?
- Gambia ranks 186th out of 205 countries with data for 2024.
- Is price level index rising or falling in Gambia?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.