The benchmark interest rate in Gambia was last recorded at 12.50 percent. Interest Rate in Gambia averaged 18.79 percent from 2002 until 2019, reaching an all time high of 34 percent in September of 2003 and a record low of 12 percent in July of 2012.

Interest Rate in Gambia is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Gambia to stand at 12.00 in 12 months time. In the long-term, the Gambia Interest Rate is projected to trend around 11.50 percent in 2020, according to our econometric models.

Gambia Interest Rate
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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 9.00 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 [+]


Gambia Interest Rate

In Gambia, interest rates decisions are taken by the Central Bank of Gambia’s Monetary Policy Committee in its Monetary Policy Meetings. The CBG’s official interest rate is the policy rate. This page provides the latest reported value for - Gambia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Gambia Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.50 12.50 34.00 12.00 2002 - 2019 percent Daily




Country Last Previous
Argentina 68.00 Oct/19
Turkey 16.50 Sep/19
Mexico 7.75 Sep/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
Indonesia 5.25 Sep/19
India 5.15 Oct/19
China 4.20 Oct/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.72 Sep/19
South Korea 1.25 Oct/19
Australia 0.75 Oct/19
United Kingdom 0.75 Sep/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19


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