Latvia vs Senegal: Monetary Sector credit to private sector

Latvia
29.3%
in 2024
Senegal
30.9%
in 2025
Latvia rank
116th
Senegal rank
114th

Monetary Sector credit to private sector over time

  • Latvia
  • Senegal
020406080100196019922025

How they compare

Senegal currently reports 30.9% against 29.3% in Latvia, a difference of 1.6%.

That makes Senegal's figure about 1.1 times Latvia's.

The two have swapped places 1 time across 15 shared years of data; in 2010 it was Latvia ahead.

Latvia ranks 116th and Senegal ranks 114th of 187 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latvia Senegal Difference Ahead
2010s 57.6% 26.7% 30.9% Latvia
2020s 31.2% 30.5% 0.7% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monetary sector credit to private sector, Latvia or Senegal?
Senegal, at 30.9% against 29.3% in Latvia as of 2025.
What is the difference in monetary sector credit to private sector between Latvia and Senegal?
1.6%, with Senegal ahead.
How many years of comparable data are there for Latvia and Senegal?
15 years are reported by both, from 2010 to 2024.
How do Latvia and Senegal rank globally for monetary sector credit to private sector?
Latvia ranks 116th and Senegal ranks 114th of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Senegal: Monetary Sector credit to private sector. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/monetary-sector-credit-to-private-sector-percent-gdp/latvia/senegal/

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,534 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.