Gambia

Price of Goods in US$, which in US would Cost $1 - Gambia Compared to Continent

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Gambia	$0.10
Ethiopia	$0.17
Burundi	$0.18
Congo, DR	$0.18
Guinea	$0.19
Rwanda	$0.20
Uganda	$0.21
Ghana	$0.23
Togo	$0.24
Mozambique	$0.25
Sao Tome & P.	$0.25
Guinea-Bissau	$0.26
Lesotho	$0.27
Sierra Leone	$0.28
Eritrea	$0.29
CAR	$0.30
Niger	$0.31
Burkina Faso	$0.33
Comoros	$0.33
Malawi	$0.34
Cape Verde	$0.35
Namibia	$0.36
Madagascar	$0.37
Mauritania	$0.37
Chad	$0.38
Mali	$0.39
Mauritius	$0.39
Eq. Guinea	$0.40
Seychelles	$0.41
South Africa	$0.41
Sudan	$0.41
Djibouti	$0.41
Senegal	$0.42
Swaziland	$0.42
Tanzania	$0.42
Botswana	$0.43
Benin	$0.48
Cameroon	$0.49
Zimbabwe	$0.58
Kenya	$0.58
Cote d'Ivoire	$0.60
Nigeria	$0.64
Zambia	$0.78
Angola	$0.86
Gabon	$0.94
Congo(Brazza)	$1.29
Liberia	$10.52

 

 

Gambia: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

The Gambia does not publish house price statistics. There are general economics statistics from the Central Bank of The Gambia and the Central Statistics Department, but their websites are not updated. The International Monetary Fund seems a better source.