Gambia GM: External Debt: Average Interest on New External Debt Commitments: Official

Gambia GM: External Debt: Average Interest on New External Debt Commitments: Official data was reported at 0.850 % in 2016. This records a decrease from the previous number of 1.463 % for 2015. Gambia GM: External Debt: Average Interest on New External Debt Commitments: Official data is updated yearly, averaging 1.070 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 7.068 % in 1985 and a record low of 0.000 % in 2010. Gambia GM: External Debt: Average Interest on New External Debt Commitments: Official data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gambia – Table GM.World Bank: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.; ; World Bank, International Debt Statistics.; Weighted average;

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