Interest rate spread in Gambia
Gambia: Interest rate spread was 15.5% in 2025. ▲ Rising
Interest rate spread in Gambia, 1985–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2025, interest rate spread in Gambia stood at 15.5%.
Compared with earlier readings it is up 29.3% over ten years.
Over the whole period, interest rate spread in Gambia peaked at 21.2% in 2020 and was at its lowest, 4.7%, in 1985.
That places Gambia 8th out of 141 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 39 years of available data.
Interest rate spread in Gambia, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1985 | 4.7% | — |
| 1986 | 11.9% | +150.9% |
| 1987 | 12.2% | +2.5% |
| 1988 | 14.5% | +19.5% |
| 1989 | 13.9% | -4.3% |
| 1990 | 15.2% | +9.0% |
| 1991 | 13.8% | -9.1% |
| 1992 | 12.9% | -6.3% |
| 1993 | 13.1% | +1.3% |
| 1994 | 12.4% | -5.1% |
| 1995 | 12.5% | +1.0% |
| 1996 | 13.0% | +3.7% |
| 1997 | 13.0% | +0.0% |
| 1998 | 12.9% | -1.0% |
| 1999 | 11.5% | -10.7% |
| 2000 | 11.5% | +0.0% |
| 2001 | 11.5% | +0.0% |
| 2002 | 11.3% | -1.8% |
| 2003 | 12.9% | +14.4% |
| 2004 | 14.5% | +12.3% |
| 2005 | 17.6% | +21.3% |
| 2006 | 17.1% | -2.8% |
| 2007 | 15.0% | -12.0% |
| 2008 | 14.1% | -5.9% |
| 2009 | 11.5% | -18.6% |
| 2010 | 12.4% | +7.6% |
| 2011 | 16.2% | +31.3% |
| 2012 | 16.5% | +1.5% |
| 2013 | 14.6% | -11.7% |
| 2014 | 12.0% | -17.7% |
| 2017 | 13.2% | +10.3% |
| 2018 | 19.0% | +43.7% |
| 2019 | 19.9% | +4.7% |
| 2020 | 21.2% | +6.3% |
| 2021 | 14.7% | -30.7% |
| 2022 | 14.2% | -3.4% |
| 2023 | 13.0% | -8.1% |
| 2024 | 15.5% | +19.1% |
| 2025 | 15.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.4% | 4.7% | 14.5% | 5 |
| 1990s | 13.0% | 11.5% | 15.2% | 10 |
| 2000s | 13.7% | 11.3% | 17.6% | 10 |
| 2010s | 15.5% | 12.0% | 19.9% | 8 |
| 2020s | 15.7% | 13.0% | 21.2% | 6 |
Countries ranked near Gambia
- 5 Tajikistan 18.4% compare
- 6 Kyrgyzstan 18.1% compare
- 7 Congo, Democratic Republic of the 17.6% compare
- 9 Sao Tome and Principe 15.2% compare
- 10 Sierra Leone 14.4% compare
- 11 South Sudan 14.2% compare
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 interest rate spread in Gambia?
- Interest rate spread in Gambia was 15.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Gambia?
- The highest recorded value was 21.2% in 2020.
- What is the lowest interest rate spread recorded in Gambia?
- The lowest recorded value was 4.7% in 1985.
- How does Gambia rank for interest rate spread?
- Gambia ranks 8th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Gambia?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.