Discount Rate, Percent per annum in Gambia
Gambia: Discount Rate, Percent per annum was 19.08 in 2014. ▲ Rising
Discount Rate, Percent per annum in Gambia, 1977–2014
Source: International Monetary Fund.
Analysis
The most recent figure for discount rate, percent per annum in Gambia is 19.08, measured in 2014.
Compared with earlier readings it is up 2.9% on the previous year and down 34.2% over ten years.
Over the whole period, discount rate, percent per annum in Gambia peaked at 29 in 2003 and was at its lowest, 6, in 1977.
That places Gambia 9th out of 70 countries with data for 2014, putting it in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Discount Rate, Percent per annum in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 6 | — |
| 1978 | 6 | +0.0% |
| 1979 | 6 | +0.0% |
| 1980 | 8 | +33.3% |
| 1981 | 9.5 | +18.8% |
| 1982 | 9.5 | +0.0% |
| 1983 | 9.5 | +0.0% |
| 1984 | 9.5 | +0.0% |
| 1985 | 15 | +57.9% |
| 1986 | 20 | +33.3% |
| 1987 | 21 | +5.0% |
| 1988 | 19 | -9.5% |
| 1989 | 15 | -21.1% |
| 1990 | 16.5 | +10.0% |
| 1991 | 15.5 | -6.1% |
| 1992 | 17.5 | +12.9% |
| 1993 | 13.5 | -22.9% |
| 1994 | 13.5 | +0.0% |
| 1995 | 14 | +3.7% |
| 1996 | 14 | +0.0% |
| 1997 | 14 | +0.0% |
| 1998 | 12 | -14.3% |
| 1999 | 10.5 | -12.5% |
| 2000 | 10 | -4.8% |
| 2001 | 13 | +30.0% |
| 2002 | 18 | +38.5% |
| 2003 | 29 | +61.1% |
| 2013 | 18.54 | -36.1% |
| 2014 | 19.08 | +2.9% |
Gambia compared with similar countries
- Gambia's 19.08 is above the median for low income countries, which is 9.22, 2.1× the median. (10 countries reporting)
- Gambia's 19.08 is above the median for Sub-Saharan Africa, which is 7.08, 2.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6 | 6 | 6 | 3 |
| 1980s | 13.6 | 8 | 21 | 10 |
| 1990s | 14.1 | 10.5 | 17.5 | 10 |
| 2000s | 17.5 | 10 | 29 | 4 |
| 2010s | 18.81 | 18.54 | 19.08 | 2 |
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 discount rate, percent per annum in Gambia?
- Discount rate, percent per annum in Gambia was 19.08 in 2014, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Gambia?
- The highest recorded value was 29 in 2003.
- What is the lowest discount rate, percent per annum recorded in Gambia?
- The lowest recorded value was 6 in 1977.
- How does Gambia rank for discount rate, percent per annum?
- Gambia ranks 9th out of 70 countries with data for 2014.
- Is discount rate, percent per annum rising or falling in Gambia?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.