Senegal Lending Rate
Lending interest rate FR.INR.LEND
Senegal's lending rate was 5.14% in 2017, ranked 26th globally. This represents a 2.9% decrease from 2016. Data from World Bank, covering 2005–2017.
Overview
Senegal's lending rate stood at 5.14% in 2017, a decline of +0.16pp from 2016. Senegal ranked 26th globally.
Senegal's lending rate has exhibited a notable decline since its peak in 2005, when it reached 7.05%. The rate steadily decreased, reaching its trough in 2006 at 4.74%, before gradually increasing to 5.14% by 2017. This fluctuation places Senegal's lending rate at the 26th position globally, closely matched by peer countries such as Niger, Togo, and Mali, all of which also had a lending rate of 5.14% in 2017. The decrease in lending rate from its peak suggests a shift towards more accommodative monetary policies, which may have contributed to the country's economic growth during this period. The relatively stable lending rate from 2006 to 2017 indicates a degree of stability in Senegal's monetary environment. However, should inflation rise significantly, the central bank may be forced to increase the lending rate, potentially altering this trend.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 5.14% | −0.16pp | #26 |
| 2016 | 5.30% | +0.14pp | #30 |
| 2015 | 5.15% | −0.18pp | #27 |
| 2014 | 5.34% | +0.05pp | #27 |
| 2013 | 5.29% | +0.25pp | #27 |
| 2012 | 5.04% | −0.22pp | #19 |
| 2011 | 5.26% | +0.14pp | #22 |
| 2010 | 5.11% | +0.14pp | #20 |
| 2009 | 4.98% | −0.01pp | #16 |
| 2008 | 4.98% | +0.23pp | #12 |
| 2007 | 4.75% | +0.01pp | #10 |
| 2006 | 4.74% | −2.31pp | #11 |
| 2005 | 7.05% | – | #25 |
Analysis
Senegal's lending rate was 5.14% in 2017, a decline of −0.16pp from 2016.
Frequently Asked Questions
Senegal's lending rate was 5.14% in 2017. Ranked 26th globally. This represents a 2.9% decrease from the previous year.
Senegal's lending rate peaked at 7.05% in 2005.
The lowest lending rate in Senegal was 4.74% in 2006.
Senegal ranks 26th globally in lending rate as of 2017.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
The lending rate of Senegal in 2017 was 5.14%. This ranks 26th in the world.
Cite this page
@misc{historysaid_senegal_lending-rate,
title = {Senegal Lending Rate},
url = {https://historysaid.com/senegal/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}