Gambia: Real interest rate
* indicates monthly or quarterly data series
| Gambia |
Real interest rate: Bank lending rate minus inflation |
|---|---|
| Latest value | 11.28 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1985 - 2021 |
| Average | 15.25 |
| Min - Max | -45.95 - 33.47 |
| Source | The International Monetary Fund |
The latest value from 2021 is 11.28 percent, a decline from 25.26 percent in 2020. In comparison, the world average is 1.68 percent, based on data from 106 countries. Historically, the average for the Gambia from 1985 to 2021 is 15.25 percent. The minimum value, -45.95 percent, was reached in 1991 while the maximum of 33.47 percent was recorded in 1997.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 21.16 | 2020 | interest rate points |
| Bank cost to income ratio | 64.45 | 2020 | percent |
| Non-performing loans | 4.55 | 2019 | percent |
| Bank overhead cost | 4.02 | 2020 | percent |
| Net interest margin | 5.27 | 2020 | percent |
| Bank credit to deposits | 18.13 | 2021 | percent |
| Return on assets | 2.62 | 2020 | percent |
| Return on equity | 23.53 | 2020 | percent |
| Banking system z-scores | 10.93 | 2020 | index points |
| Liquid assets to deposits | 74.14 | 2020 | percent |
| Non-interest income to total income | 42.04 | 2020 | percent |
| Lending interest rate | 19.50 | 2021 | percent |
| Real interest rate | 11.28 | 2021 | percent |
| Legal rights | 6.00 | 2019 | points |
| Credit information sharing | 0.00 | 2019 | points |