Deposit interest rate — all countries

Deposit interest rate — Gambia

Deposit interest rate in the Gambia in 2025 — 6.5%. Ranked 17 in the world out of 70. Since 1984, the indicator has fallen by 4 pp.

2025 6.5% +0 pp vs 2024
World rank 17of 70
Period maximum 22%2004
Period minimum 4.83%2021

Trend over time

1984–2025 · % per annum

Deposit interest rate — Gambia, 1984–202501020301984198919941999200420092014201920241984: 10.5%1985: 9.75%1986: 16.13%1987: 15.75%1988: 15%1989: 12.92%1990: 11.33%1991: 12.71%1992: 13.83%1993: 13%1994: 12.58%1995: 12.5%1996: 12.5%1997: 12.5%1998: 12.5%1999: 12.5%2000: 12.5%2001: 12.5%2002: 12.71%2003: 16.42%2004: 22%2005: 17.33%2006: 12.67%2007: 12.89%2008: 12.87%2009: 15.5%2010: 14.63%2011: 11.75%2012: 11.5%2013: 13.44%2014: 16.51%2017: 15.78%2018: 9%2019: 8.11%2020: 6.84%2021: 4.83%2022: 4.83%2023: 7.74%2024: 6.5%2025: 6.5%
Change over the period: −4 pp Annual average: -0.1 pp
Deposit interest rate — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2025 6.5 +0 pp
2024 6.5 −1.24 pp
2023 7.74 +2.9 pp
2022 4.83 +0 pp
2021 4.83 −2.01 pp
2020 6.84 −1.26 pp
2019 8.11 −0.9 pp
2018 9 −6.78 pp
2017 15.78
2014 16.51 +3.08 pp
2013 13.44 +1.94 pp
2012 11.5 −0.25 pp
2011 11.75 −2.88 pp
2010 14.63 −0.88 pp
2009 15.5 +2.63 pp
2008 12.87 −0.03 pp
2007 12.89 +0.23 pp
2006 12.67 −4.67 pp
2005 17.33 −4.67 pp
2004 22 +5.58 pp
2003 16.42 +3.71 pp
2002 12.71 +0.21 pp
2001 12.5 +0 pp
2000 12.5 +0 pp
1999 12.5 +0 pp
1998 12.5 +0 pp
1997 12.5 +0 pp
1996 12.5 +0 pp
1995 12.5 −0.08 pp
1994 12.58 −0.42 pp
1993 13 −0.83 pp
1992 13.83 +1.13 pp
1991 12.71 +1.38 pp
1990 11.33 −1.58 pp
1989 12.92 −2.08 pp
1988 15 −0.75 pp
1987 15.75 −0.38 pp
1986 16.13 +6.38 pp
1985 9.75 −0.75 pp
1984 10.5

Western Africa, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.