Deposit interest rate (%) in Gambia
Gambia: Deposit interest rate (%) was 6.5% in 2025. ▼ Falling
Deposit interest rate in Gambia, 1984–2025
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 44th out of 153 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.
Deposit interest rate (%) in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 1984 | 10.5% | — |
| 1985 | 9.8% | -7.1% |
| 1986 | 16.1% | +65.4% |
| 1987 | 15.8% | -2.3% |
| 1988 | 15.0% | -4.8% |
| 1989 | 12.9% | -13.9% |
| 1990 | 11.3% | -12.3% |
| 1991 | 12.7% | +12.1% |
| 1992 | 13.8% | +8.9% |
| 1993 | 13.0% | -6.0% |
| 1994 | 12.6% | -3.2% |
| 1995 | 12.5% | -0.7% |
| 1996 | 12.5% | +0.0% |
| 1997 | 12.5% | +0.0% |
| 1998 | 12.5% | +0.0% |
| 1999 | 12.5% | +0.0% |
| 2000 | 12.5% | +0.0% |
| 2001 | 12.5% | +0.0% |
| 2002 | 12.7% | +1.7% |
| 2003 | 16.4% | +29.2% |
| 2004 | 22.0% | +34.0% |
| 2005 | 17.3% | -21.2% |
| 2006 | 12.7% | -26.9% |
| 2007 | 12.9% | +1.8% |
| 2008 | 12.9% | -0.2% |
| 2009 | 15.5% | +20.5% |
| 2010 | 14.6% | -5.6% |
| 2011 | 11.8% | -19.7% |
| 2012 | 11.5% | -2.1% |
| 2013 | 13.4% | +16.8% |
| 2014 | 16.5% | +22.9% |
| 2017 | 15.8% | -4.5% |
| 2018 | 9.0% | -42.9% |
| 2019 | 8.1% | -9.9% |
| 2020 | 6.8% | -15.6% |
| 2021 | 4.8% | -29.4% |
| 2022 | 4.8% | +0.0% |
| 2023 | 7.7% | +60.1% |
| 2024 | 6.5% | -16.0% |
| 2025 | 6.5% | +0.0% |
Gambia compared with similar countries
- Gambia's 6.5% is below the median for low income countries, which is 6.9%, 94% of the median. (18 countries reporting)
- Gambia's 6.5% is above the median for Sub-Saharan Africa, which is 5.7%, 1.1× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate (%) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +65.4% | 9.8% | 16.1% |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.54 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0036 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.54 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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 44th out of 153 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.
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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 (a÷b)*100.