Senegal Real Interest Rate
Real interest rate FR.INR.RINR
Senegal's real interest rate was 4.51% in 2017, ranked 64th globally. This represents a 5.0% increase from 2016. Data from World Bank, covering 2005–2017.
Overview
Senegal's real interest rate stood at 4.51% in 2017, a rise of +0.22pp from 2016. Senegal ranked 64th globally.
Senegal's real interest rate fluctuated over the 2005-2017 period, with a notable peak of 6.96% in 2014, surpassing that of its peer countries, including Bangladesh's 4.28% and South Africa's 4.65%. The rate fell sharply during the 2008 global financial crisis, reaching an all-time trough of -2.99%, a stark contrast to the country's current economic situation. However, the real interest rate rebounded and continued to rise, reaching 4.51% in 2017, a position that places Senegal at #64 globally. This increase is consistent with the economic recovery of the post-crisis era, where monetary policy aimed to stimulate growth. The trend suggests that Senegal's monetary policy may be following a similar trajectory to its peer countries, which have also seen rising interest rates in response to economic growth. However, a decline in global interest rates or a shift in monetary policy priorities could alter this trajectory and impact Senegal's real interest rate in the future.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 4.51% | +0.22pp | #64 |
| 2016 | 4.30% | +0.26pp | #46 |
| 2015 | 4.04% | −2.92pp | #45 |
| 2014 | 6.96% | +2.91pp | #74 |
| 2013 | 4.05% | +2.34pp | #46 |
| 2012 | 1.71% | +0.36pp | #30 |
| 2011 | 1.35% | −2.11pp | #48 |
| 2010 | 3.45% | −3.33pp | #58 |
| 2009 | 6.78% | +9.77pp | #60 |
| 2008 | -2.99% | −1.26pp | #29 |
| 2007 | -1.72% | −3.52pp | #14 |
| 2006 | 1.80% | −0.42pp | #39 |
| 2005 | 2.22% | – | #41 |
Analysis
Senegal's real interest rate was 4.51% in 2017, a rise of +0.22pp from 2016.
Frequently Asked Questions
Senegal's real interest rate was 4.51% in 2017. Ranked 64th globally. This represents a 5.0% increase from the previous year.
Senegal's real interest rate peaked at 6.96% in 2014.
The lowest real interest rate in Senegal was -2.99% in 2008.
Senegal ranks 64th globally in real interest rate as of 2017.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Senegal in 2017 was 4.51%. This ranks 64th in the world.
Cite this page
@misc{historysaid_senegal_real-interest-rate,
title = {Senegal Real Interest Rate},
url = {https://historysaid.com/senegal/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}