Bank net interest margin (%) in Senegal
Senegal: Bank net interest margin (%) was 1.6% in 2020. ▼ Falling
Bank net interest margin in Senegal, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2020, bank net interest margin in Senegal stood at 1.6%. That is the lowest value across all 21 years on record.
The figure is down 61.9% on the previous year and down 70.3% over ten years.
Over the whole period, bank net interest margin in Senegal peaked at 7.5% in 2009 and was at its lowest, 1.6%, in 2020.
That places Senegal 137th out of 166 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Bank net interest margin (%) in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | 6.5% | +3.8% |
| 2002 | 7.2% | +10.5% |
| 2003 | 6.6% | -9.0% |
| 2004 | 6.0% | -9.4% |
| 2005 | 5.7% | -3.7% |
| 2006 | 6.1% | +6.2% |
| 2007 | 5.6% | -7.9% |
| 2008 | 5.9% | +5.2% |
| 2009 | 7.5% | +27.4% |
| 2010 | 5.5% | -26.8% |
| 2011 | 4.6% | -15.9% |
| 2012 | 4.9% | +5.5% |
| 2013 | 5.0% | +3.4% |
| 2014 | 4.2% | -17.7% |
| 2015 | 3.4% | -18.1% |
| 2016 | 3.3% | -2.3% |
| 2017 | 3.9% | +17.0% |
| 2018 | 3.6% | -6.3% |
| 2019 | 4.3% | +17.6% |
| 2020 | 1.6% | -61.9% |
Senegal compared with similar countries
- Senegal's 1.6% is below the median for lower middle income countries, which is 3.8%, 43% of the median. (38 countries reporting)
- Senegal's 1.6% is below the median for Sub-Saharan Africa, which is 4.4%, 37% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 5.6% | 7.5% | 10 |
| 2010s | 4.3% | 3.3% | 5.5% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
Countries ranked near Senegal
More financial sector data for Senegal
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.09 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.25 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.09 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in Senegal?
- Bank net interest margin in Senegal was 1.6% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Senegal?
- The highest recorded value was 7.5% in 2009.
- What is the lowest bank net interest margin recorded in Senegal?
- The lowest recorded value was 1.6% in 2020.
- How does Senegal rank for bank net interest margin?
- Senegal ranks 137th out of 166 countries with data for 2020.
- Is bank net interest margin rising or falling in Senegal?
- Over the last ten years it is down 70.3%. The long-run trend across the full record is falling.
- Where does this Senegal data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.