Senegal Deposit Rate
Deposit interest rate FR.INR.DPST
Senegal's deposit rate was 6.49% in 2017, ranked 109th globally. This represents a 6.3% decrease from 2016. Data from World Bank, covering 2005–2017.
Overview
Senegal's deposit rate stood at 6.49% in 2017, a decline of +0.44pp from 2016. Senegal ranked 109th globally.
Senegal's deposit rate has exhibited a fluctuating trend over the past 13 years, ranging from 7.61% in 2005 to 6.49% in 2017, with the latter marking a trough. The deposit rate peaked at 8.58% in 2009, a year that saw a global economic downturn. In comparison, Niger and Togo, both peer countries, also experienced a deposit rate of 6.49% in 2017. Senegal's deposit rate has been relatively stable over the past few years, ranking 109 globally as of 2017. This stability is consistent with the deposit rates of other countries in the region, such as Indonesia, which had a slightly higher deposit rate of 6.52% in 2017. The recent trend suggests that Senegal's deposit rate may continue to hover around 6%, influenced by monetary policies aimed at maintaining economic stability. A change in the country's economic growth trajectory, such as a significant increase in inflation, could potentially alter this trend.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 6.49% | −0.44pp | #109 |
| 2016 | 6.93% | −0.07pp | #108 |
| 2015 | 7.00% | −0.26pp | #111 |
| 2014 | 7.26% | −0.40pp | #111 |
| 2013 | 7.65% | −0.34pp | #114 |
| 2012 | 7.99% | −0.51pp | #112 |
| 2011 | 8.50% | +0.11pp | #115 |
| 2010 | 8.39% | −0.19pp | #114 |
| 2009 | 8.58% | +0.46pp | #105 |
| 2008 | 8.12% | +0.31pp | #98 |
| 2007 | 7.81% | −0.01pp | #99 |
| 2006 | 7.82% | +0.21pp | #103 |
| 2005 | 7.61% | – | #101 |
Analysis
Senegal's deposit rate was 6.49% in 2017, a decline of −0.44pp from 2016.
Frequently Asked Questions
Senegal's deposit rate was 6.49% in 2017. Ranked 109th globally. This represents a 6.3% decrease from the previous year.
Senegal's deposit rate peaked at 8.58% in 2009.
The lowest deposit rate in Senegal was 6.49% in 2017.
Senegal ranks 109th globally in deposit rate as of 2017.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Senegal in 2017 was 6.49%. This ranks 109th in the world.
Cite this page
@misc{historysaid_senegal_deposit-rate,
title = {Senegal Deposit Rate},
url = {https://historysaid.com/senegal/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}