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Real interest rate

(%)

In 2017, real interest rate in Gambia was 22.98 %. In the ranking by real interest rate including 118 countries, Gambia has the 114th rank that is close to the positions of such countries as the United Republic of Tanzania and the Togo. Compared to Australia which at the top of the ranking with real interest rate of 1.48 % in 2017, Gambia has 1,451.28 % percent higher real interest rate.

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What is real interest rate?

Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.