Lending interest rate in Senegal
Senegal: Lending interest rate was 5.3% in 2016. ▼ Falling
Lending interest rate in Senegal, 2005–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2016, lending interest rate in Senegal stood at 5.3%.
That represents a change of up 2.7% on the previous year and up 11.8% over ten years.
Over the whole period, lending interest rate in Senegal peaked at 7.0% in 2005 and was at its lowest, 4.7%, in 2006.
Senegal ranks 113th of 148 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 4.7% | 7.0% | 5 |
| 2010s | 5.2% | 5.0% | 5.3% | 7 |
Countries ranked near Senegal
More financial sector data for Senegal
- Net migration -12,636 (2025)
- Net domestic credit 11.46 trillion current LCU (2025)
- Domestic credit to private sector by banks 30.9% (2025)
- Net foreign assets 3.63 trillion current LCU (2025)
- Claims on central government, etc. 19.3% (2025)
- Monetary Sector credit to private sector 30.9% (2025)
- Domestic credit to private sector 30.9% (2025)
- Broad money 53.7% (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Claims on private sector 8.2% (2025)
Frequently asked questions
- What is lending interest rate in Senegal?
- Lending interest rate in Senegal was 5.3% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Senegal?
- The highest recorded value was 7.0% in 2005.
- What is the lowest lending interest rate recorded in Senegal?
- The lowest recorded value was 4.7% in 2006.
- How does Senegal rank for lending interest rate?
- Senegal ranks 113th out of 148 countries with data for 2016.
- Is lending interest rate rising or falling in Senegal?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is falling.
- Where does this Senegal data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.