The central bank of Gambia raised its key monetary policy rate by 100 bps to 14 percent last February 28th, 2023, pushing borrowing costs to its highest since early 2018. source: Central Bank of The Gambia

Interest Rate in Gambia averaged 17.50 percent from 2002 until 2023, reaching an all time high of 34.00 percent in September of 2003 and a record low of 10.00 percent in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Interest Rate in Gambia is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Gambia Interest Rate

Calendar GMT Actual Previous Consensus TEForecast
2020-05-29 03:00 PM 10% 12% 11.5%
2021-05-28 10:00 AM 10% 10% 10%
2022-02-24 10:00 AM 10% 10% 12%

Related Last Previous Unit Reference
Interest Rate 14.00 13.00 percent Feb 2023
Money Supply M2 66917.26 64100.56 GMD Million Dec 2022
Money Supply M1 38322.79 35258.22 GMD Million Dec 2022
Money Supply M0 28594.47 28842.34 GMD Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
14.00 13.00 34.00 10.00 2002 - 2023 percent Daily