Deposit interest rate in Gambia
Gambia: Deposit interest rate was 6.5% in 2025. βΌ Falling
Deposit interest rate in Gambia, 1984β2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2025, deposit interest rate in Gambia stood at 6.5%.
That represents a change of down 60.6% over ten years.
Over the whole period, deposit interest rate in Gambia peaked at 22.0% in 2004 and was at its lowest, 4.8%, in 2021.
That places Gambia 43rd out of 152 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 40 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.3% | 9.8% | 16.1% | 6 |
| 1990s | 12.6% | 11.3% | 13.8% | 10 |
| 2000s | 14.7% | 12.5% | 22.0% | 10 |
| 2010s | 12.6% | 8.1% | 16.5% | 8 |
| 2020s | 6.2% | 4.8% | 7.7% | 6 |
Countries ranked near Gambia
More financial sector data for Gambia
- Net domestic credit (current LCU), per capita 23,409 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 26.87 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 11.48 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 423.08 million SDR (2024)
- Reserves excluding gold 482.20 million SDR (2024)
- Total reserves (gold at market value) 482.20 million SDR (2024)
- Total reserves (gold at national valuation) 482.20 million SDR (2024)
- Domestic credit to private sector by banks 9.1% (2024)
- Total reserves in months of imports 4.79 (2024)
- Net domestic credit 64.61 billion current LCU (2024)
Frequently asked questions
- What is deposit interest rate in Gambia?
- Deposit interest rate in Gambia was 6.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Gambia?
- The highest recorded value was 22.0% in 2004.
- What is the lowest deposit interest rate recorded in Gambia?
- The lowest recorded value was 4.8% in 2021.
- How does Gambia rank for deposit interest rate?
- Gambia ranks 43rd out of 152 countries with data for 2025.
- Is deposit interest rate rising or falling in Gambia?
- Over the last ten years it is down 60.6%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (aΓ·b)*100.