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.
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
- 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)
- Total reserves (gold at national valuation) (SDR), per capita 174.71 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.12 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 174.71 SDR per person (2024)
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.