The benchmark interest rate in Gambia was last recorded at 12 percent.
Interest Rate in Gambia averaged 18.58 percent from 2002 until 2020, reaching an all time high of 34 percent in September of 2003 and a record low of 12 percent in July of 2012. 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 2020.
Interest Rate in Gambia is expected to be 11.50 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 10.00 in 12 months time. In the long-term, the Gambia Interest Rate is projected to trend around 9.50 percent in 2021 and 9.00 percent in 2022, according to our econometric models.