Senegal Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Senegal's credit to gdp was 30.83% in 2025, ranked 99th globally. This represents a 5.5% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Senegal's credit to gdp stood at 30.83% in 2025, a rise of +1.60% from 2024. Based on recent trends, this figure is projected to reach 30.83% by 2025. Senegal ranked 99th globally.
Senegal's credit-to-GDP ratio has experienced significant fluctuations over the 66-year period since 1960, when it stood at 11.73. The ratio reached its all-time peak of 32.18 in 2022, indicating a substantial increase in credit extended to the economy, but still lags behind peer countries such as Albania, which boasted a ratio of 31.51. Despite reaching a level of 30.83 in 2025, Senegal's credit-to-GDP ratio ranks 99th globally. This ratio was at its lowest point of 8.83 in 1967, highlighting the country's early struggles with access to credit. Hungary, which has a similar credit-to-GDP ratio of 30.70, demonstrates that Senegal is not alone in this trend. The recent decline from the 2022 peak may indicate a correction in the country's credit appetite, and a continued decrease in the ratio could signal a shift towards more prudent lending practices. However, a sustained increase in private sector activity and a stable macroeconomic environment would be required to reverse this trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 31.11% | - | - |
| 2026* trend | 30.97% | - | - |
| 2025* trend | 30.83% | - | - |
| 2025 | 30.83% | +1.60% | #99 |
| 2024 | 29.23% | −2.22% | #33 |
| 2023 | 31.45% | −0.73% | #52 |
| 2022 | 32.18% | +2.28% | #60 |
| 2021 | 29.90% | +0.59% | #60 |
| 2020 | 29.31% | −0.21% | #58 |
| 2019 | 29.52% | −0.03% | #63 |
| 2018 | 29.55% | −0.11% | #62 |
| 2017 | 29.66% | +1.87% | #62 |
| 2016 | 27.80% | +0.49% | #54 |
| 2015 | 27.30% | −0.01% | #52 |
| 2014 | 27.32% | +1.00% | #55 |
| 2013 | 26.32% | +1.88% | #57 |
| 2012 | 24.43% | +0.56% | #58 |
| 2011 | 23.87% | +2.56% | #60 |
Analysis
Senegal's credit to gdp was 30.83% in 2025, a rise of +1.60% from 2024. Based on trends, estimated 30.83% by 2025.
Frequently Asked Questions
Senegal's credit to gdp was 30.83% in 2025. Ranked 99th globally. This represents a 5.5% increase from the previous year.
Senegal's credit to gdp peaked at 32.18% in 2022.
The lowest credit to gdp in Senegal was 8.83% in 1967.
Senegal ranks 99th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Senegal's credit to gdp is projected to reach 30.83% by 2025 based on trend extrapolation.
The credit to gdp of Senegal in 2025 was 30.83%. This ranks 99th in the world.
Cite this page
@misc{historysaid_senegal_credit-to-gdp,
title = {Senegal Credit to GDP},
url = {https://historysaid.com/senegal/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}