The benchmark interest rate in Gambia was last recorded at 12.50 percent. Interest Rate in Gambia averaged 18.70 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 12.00 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 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.

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Gambia Interest Rate

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

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.

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 18205.60 17794.20 18205.60 303.15 GMD Million [+]
Money Supply M1 22214.10 21366.60 22214.10 366.16 GMD Million [+]
Money Supply M2 40419.70 39160.80 40419.70 737.75 GMD Million [+]