The Central Bank of The Gambia held its benchmark interest rate at 10 percent during its March 2021 meeting. source: Central Bank of The Gambia

Interest Rate in Gambia averaged 18.20 percent from 2002 until 2021, reaching an all time high of 34 percent in September of 2003 and a record low of 10 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 May of 2021.

Interest Rate in Gambia is expected to be 10.00 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 10.00 in 12 months time. In the long-term, the Gambia Interest Rate is projected to trend around 9.00 percent in 2022, according to our econometric models.

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Gambia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 34.00 10.00 2002 - 2021 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2019-11-28 03:50 PM 12.5% 12.5% 12.5%
2020-02-28 03:00 PM 12% 12.5% 12.5%
2020-05-29 03:00 PM 10% 12% 11.5%
2021-05-27 11:00 AM 10%


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.