Interest Rate on Bank Loans (Local Currency) in Gambia

Interest rate on bank loans reached 19.5% in 2021 in Gambia, according to the National Central Bank. This is 30.4% less than in the previous year.

Historically, interest rate on bank loans in Gambia reached an all time high of 36.5% in 2004 and an all time low of 14.5% in 1985.

Gambia has been ranked 8th within the group of 94 countries we follow in terms of interest rate on bank loans.