Deposit Interest Rate in Gambia decreased to 9 percent in the second quarter of 2018 from 16 percent in the fourth quarter of 2017. Deposit Interest Rate in Gambia averaged 13.50 percent from 1980 until 2018, reaching an all time high of 22 percent in the first quarter of 2004 and a record low of 5 percent in the fourth quarter of 1980.

Deposit Interest Rate in Gambia is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Gambia to stand at 8.50 in 12 months time. In the long-term, the Deposit Interest Rate in Gambia is projected to trend around 10.00 percent in 2020, according to our econometric models.

Deposit Interest Rate in Gambia
Forecast Data Chart
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Gambia Money Last Previous Highest Lowest Unit
Interest Rate 12.50 12.50 34.00 12.00 percent [+]
Deposit Interest Rate 9.00 16.00 22.00 5.00 percent [+]
Money Supply M0 17817.68 17399.15 17817.68 303.15 GMD Million [+]
Money Supply M1 20530.21 20680.73 20842.94 366.16 GMD Million [+]
Money Supply M2 38347.89 38079.88 38347.89 737.75 GMD Million [+]

Deposit Interest Rate in Gambia

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Gambia. Deposit Interest Rate in Gambia - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.00 16.00 22.00 5.00 1980 - 2018 percent Quarterly

Country Last Previous
Argentina 53.07 Oct/19
Turkey 15.00 Sep/19
South Africa 6.98 Aug/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.41 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19