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 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
- Domestic credit to private sector 9.4% (2024)
- Net domestic credit 64.61 billion current LCU (2024)
- Total reserves in months of imports 4.79 (2024)
- Net foreign assets 32.07 billion current LCU (2024)
- Domestic credit to private sector by banks 9.1% (2024)
- Monetary Sector credit to private sector 9.4% (2024)
- Claims on central government, etc. 27.6% (2024)
- Broad money 46.9% (2024)
- Official exchange rate 71.29 LCU per US$, period average (2025)
- Net migration -2,984 (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 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.
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CSV · JSON — 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 (a÷b)*100.