Gambia, The Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Gambia, The's interest rate spread was 8.28% in 2025, ranked 14th globally. This represents a 36.4% decrease from 2024. Data from World Bank, covering 1985–2025.
Overview
Gambia, The's interest rate spread stood at 8.28% in 2025, a decline of +4.74pp from 2023. Based on recent trends, this figure is projected to reach 8.28% by 2025. Gambia, The ranked 14th globally.
The Gambia’s interest rate spread stood at 8.28% in 2025, ranking 14th globally and placing it between peer economies such as Papua New Guinea and Nicaragua, both recorded at 8.06%. The spread, which measures the difference between lending and deposit rates, has fluctuated significantly over the past 38 years, widening from a historic low of 4.73% in 1985 to a peak of 21.16% in 2020 amid economic instability and monetary tightening. The sharp contraction since 2020 suggests efforts to stabilize financial intermediation and improve credit market efficiency. While the 2025 figure indicates a moderate spread compared to the country’s volatile recent past, it remains elevated relative to long-term historical levels. The trajectory appears to be gradually narrowing, influenced by policy reforms and a more stable macroeconomic environment. However, the pace of decline could stall or reverse depending on future inflationary pressures, central bank policy adjustments, or external shocks affecting financial system liquidity. Sustained progress will likely depend on deeper financial sector development and improved confidence in domestic monetary institutions.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 6.20% | - | - |
| 2025* trend | 8.28% | - | - |
| 2025 | 8.28% | −4.74pp | #14 |
| 2023 | 13.01% | −1.15pp | #79 |
| 2022 | 14.17% | −0.50pp | #85 |
| 2021 | 14.67% | −6.49pp | #95 |
| 2020 | 21.16% | +1.26pp | #102 |
| 2019 | 19.90% | +0.90pp | #106 |
| 2018 | 19.00% | +5.78pp | #109 |
| 2017 | 13.23% | +1.24pp | #116 |
| 2014 | 11.99% | −2.58pp | #113 |
| 2013 | 14.56% | −1.94pp | #122 |
| 2012 | 16.50% | +0.25pp | #122 |
| 2011 | 16.25% | +3.88pp | #120 |
| 2010 | 12.38% | +0.88pp | #111 |
| 2009 | 11.50% | −2.63pp | #106 |
| 2008 | 14.13% | −0.89pp | #113 |
Detected Pattern
Analysis
Gambia, The matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Gambia, The's interest rate spread was 8.28% in 2025. Ranked 14th globally. This represents a 36.4% decrease from the previous year.
Gambia, The's interest rate spread peaked at 21.16% in 2020.
The lowest interest rate spread in Gambia, The was 4.73% in 1985.
Gambia, The ranks 14th globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Gambia, The's interest rate spread is projected to reach 8.28% by 2025 based on trend extrapolation.
The interest rate spread of Gambia, The in 2025 was 8.28%. This ranks 14th in the world.
Cite this page
@misc{historysaid_gambia-the_interest-rate-spread,
title = {Gambia, The Interest Rate Spread},
url = {https://historysaid.com/gambia-the/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}