The Gambia - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in The Gambia was 14.67 as of 2021. As the graph below shows, over the past 36 years this indicator reached a maximum value of 21.16 in 2020 and a minimum value of 4.73 in 1985.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1985 4.73
1986 11.88
1987 12.17
1988 14.54
1989 13.92
1990 15.17
1991 13.79
1992 12.92
1993 13.08
1994 12.42
1995 12.54
1996 13.00
1997 13.00
1998 12.88
1999 11.50
2000 11.50
2001 11.50
2002 11.29
2003 12.92
2004 14.50
2005 17.58
2006 17.08
2007 15.03
2008 14.13
2009 11.50
2010 12.38
2011 16.25
2012 16.50
2013 14.56
2014 11.99
2017 13.23
2018 19.00
2019 19.90
2020 21.16
2021 14.67

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates