The Gambia - Risk premium on lending

Risk premium on lending (lending rate minus treasury bill rate, %)

The value for Risk premium on lending (lending rate minus treasury bill rate, %) in The Gambia was 16.10 as of 2021. As the graph below shows, over the past 36 years this indicator reached a maximum value of 19.86 in 2020 and a minimum value of 2.83 in 2003.

Definition: Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics database.

See also:

Year Value
1985 3.98
1986 11.38
1987 8.17
1988 11.54
1989 9.08
1990 9.00
1991 8.04
1992 8.04
1993 8.67
1994 9.50
1995 9.42
1996 9.50
1997 9.50
1998 9.67
1999 10.38
2000 11.92
2001 10.92
2002 8.58
2003 2.83
2004 5.75
2005 12.42
2006 15.61
2007 14.46
2008 13.68
2009 12.67
2010 13.84
2011 16.19
2012 15.54
2017 18.28
2018 19.06
2019 19.49
2020 19.86
2021 16.10

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates