The benchmark interest rate in Gambia was last recorded at 10 percent. source: Central Bank of The Gambia

Interest Rate in Gambia averaged 17.96 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 December 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. In the long-term, the Gambia Interest Rate is projected to trend around 9.50 percent in 2022 and 9.00 percent in 2023, according to our econometric models.

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Gambia Interest Rate

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

Related Last Previous Unit Reference
Interest Rate 10.00 10.00 percent Oct/21
Money Supply M2 56651.21 56817.84 GMD Million Aug/21
Money Supply M1 30958.59 31477.11 GMD Million Aug/21
Money Supply M0 25692.61 25340.73 GMD Million Aug/21
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.