Deposit Interest Rate in Gambia remained unchanged at 9 percent in the second quarter of 2019 from 9 percent in the first quarter of 2019.

Deposit Interest Rate in Gambia averaged 13.33 percent from 1980 until 2019, 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. This page includes a chart with historical data for Deposit Interest Rate in Gambia. Deposit Interest Rate in Gambia - values, historical data and charts - was last updated on July of 2020.

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 8.50 percent in 2021 and 8.00 percent in 2022, according to our econometric models.

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Deposit Interest Rate in Gambia

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 22.00 5.00 1980 - 2019 percent Quarterly

Gambia Money Last Previous Highest Lowest Unit
Interest Rate 10.00 10.00 34.00 10.00 percent [+]
Money Supply M0 19209.69 19054.13 19209.69 303.15 GMD Million [+]
Money Supply M1 23819.60 24091.70 24195.90 366.16 GMD Million [+]
Money Supply M2 43029.30 43145.80 43145.80 737.75 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.