Deposit Interest Rate in Gambia remained unchanged at 9 percent in the first quarter of 2019 from 9 percent in the fourth quarter of 2018. Deposit Interest Rate in Gambia - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Deposit Interest Rate in Gambia averaged 13.36 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 is expected to be 8.50 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 8.00 percent in 2021, 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


Deposit Interest Rate in Gambia
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.