Policy Interest Rate in Gambia, The
The policy rate ended 2022 at 13%, up from the 10% end-2021 value and down from the reading of 18% a decade earlier. For more interest rate information, visit our dedicated page.
Gambia, The Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Gambia, The from 2019 to 2023.
Source: Macrobond.
Gambia, The Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 12.50 | 10.00 | 10.00 | 13.00 | 17.00 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Gambian interest rate projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Gambian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Gambian interest rate projections.
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