Domestic credit to private sector in Senegal
Senegal: Domestic credit to private sector was 29.4% in 2020. ▲ Rising
Domestic credit to private sector in Senegal, 1960–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Senegal stood at 29.4%.
That represents a change of down 0.6% on the previous year and up 37.7% over ten years.
Over the whole period, domestic credit to private sector in Senegal peaked at 29.7% in 2017 and was at its lowest, 8.8%, in 1967.
That places Senegal 124th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Domestic credit to private sector in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.7% | — |
| 1961 | 11.3% | -3.9% |
| 1962 | 12.9% | +14.5% |
| 1963 | 12.5% | -3.4% |
| 1964 | 12.1% | -3.1% |
| 1965 | 11.6% | -3.5% |
| 1966 | 10.1% | -13.7% |
| 1967 | 8.8% | -12.2% |
| 1968 | 10.1% | +14.0% |
| 1969 | 10.7% | +6.6% |
| 1970 | 10.5% | -2.4% |
| 1971 | 10.8% | +3.1% |
| 1972 | 11.6% | +7.2% |
| 1973 | 15.3% | +32.1% |
| 1974 | 17.7% | +16.1% |
| 1975 | 17.6% | -0.6% |
| 1976 | 17.8% | +0.8% |
| 1977 | 20.0% | +12.7% |
| 1978 | 26.5% | +32.3% |
| 1979 | 26.7% | +0.9% |
| 1980 | 28.3% | +5.8% |
| 1981 | 29.1% | +2.9% |
| 1982 | 26.9% | -7.6% |
| 1983 | 27.1% | +0.7% |
| 1984 | 24.5% | -9.5% |
| 1985 | 23.1% | -5.7% |
| 1986 | 21.0% | -9.3% |
| 1987 | 20.7% | -1.3% |
| 1988 | 22.6% | +9.2% |
| 1989 | 21.8% | -3.6% |
| 1990 | 20.4% | -6.1% |
| 1991 | 19.4% | -5.3% |
| 1992 | 20.4% | +5.4% |
| 1993 | 20.4% | +0.1% |
| 1994 | 12.6% | -38.4% |
| 1995 | 11.3% | -10.1% |
| 1996 | 12.3% | +8.9% |
| 1997 | 12.2% | -0.9% |
| 1998 | 11.5% | -6.2% |
| 1999 | 12.0% | +4.5% |
| 2000 | 14.6% | +21.6% |
| 2001 | 11.2% | -22.9% |
| 2002 | 11.9% | +5.9% |
| 2003 | 13.0% | +9.6% |
| 2004 | 14.4% | +10.2% |
| 2005 | 15.6% | +8.8% |
| 2006 | 15.8% | +0.9% |
| 2007 | 16.2% | +2.7% |
| 2008 | 18.9% | +16.5% |
| 2009 | 19.4% | +2.9% |
| 2010 | 21.3% | +9.8% |
| 2011 | 23.9% | +12.0% |
| 2012 | 24.4% | +2.3% |
| 2013 | 26.3% | +7.7% |
| 2014 | 27.3% | +3.8% |
| 2015 | 27.3% | -0.0% |
| 2016 | 27.8% | +1.8% |
| 2017 | 29.7% | +6.7% |
| 2018 | 29.6% | -0.4% |
| 2019 | 29.5% | -0.1% |
| 2020 | 29.4% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.2% | 8.8% | 12.9% | 10 |
| 1970s | 17.5% | 10.5% | 26.7% | 10 |
| 1980s | 24.5% | 20.7% | 29.1% | 10 |
| 1990s | 15.3% | 11.3% | 20.4% | 10 |
| 2000s | 15.1% | 11.2% | 19.4% | 10 |
| 2010s | 26.7% | 21.3% | 29.7% | 10 |
| 2020s | 29.4% | 29.4% | 29.4% | 1 |
Countries ranked near Senegal
- 121 Nicaragua 30.1% compare
- 122 Venezuela, Bolivarian Republic of 29.9% compare
- 123 Algeria 29.7% compare
- 125 Burkina Faso 28.3% compare
- 126 Kyrgyzstan 28.3% compare
- 127 Ukraine 28.2% compare
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 domestic credit to private sector in Senegal?
- Domestic credit to private sector in Senegal was 29.4% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Senegal?
- The highest recorded value was 29.7% in 2017.
- What is the lowest domestic credit to private sector recorded in Senegal?
- The lowest recorded value was 8.8% in 1967.
- How does Senegal rank for domestic credit to private sector?
- Senegal ranks 124th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Senegal?
- Over the last ten years it is up 37.7%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.