Loans from nonresident banks (amounts outstanding) to GDP in Senegal

Senegal: Loans from nonresident banks (amounts outstanding) to GDP was 17.3% in 2021. ◆ Volatile

Latest (2021)
17.3%
Change on year
down 6.1%
World rank
77th
of 136 countries
All-time high
18.4%
in 2020
All-time low
1.2%
in 2009
Years of data
13
2009–2021

Loans from nonresident banks (amounts outstanding) to GDP in Senegal, 2009–2021

051015202009201520212009: 1.2 %2010: 1.2 %2011: 3.9 %2012: 4 %2013: 3.7 %2014: 5.1 %2015: 5.6 %2016: 5.3 %2017: 10 %2018: 18.4 %2019: 18 %2020: 18.4 %2021: 17.3 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

Senegal recorded 17.3% for loans from nonresident banks (amounts outstanding) to gdp in 2021.

That represents a change of down 6.1% on the previous year and up 340.6% over ten years.

Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Senegal peaked at 18.4% in 2020 and was at its lowest, 1.2%, in 2009.

Senegal ranks 77th of 136 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Loans from nonresident banks (amounts outstanding) to GDP in Senegal, year by year

Annual values for Loans from nonresident banks (amounts outstanding) to GDP (%) in Senegal, 2009 to 2021.
Year % Change
2009 1.2%
2010 1.2% +0.2%
2011 3.9% +216.7%
2012 4.0% +0.9%
2013 3.7% -6.6%
2014 5.1% +36.5%
2015 5.6% +11.4%
2016 5.3% -6.6%
2017 10.0% +90.4%
2018 18.4% +83.6%
2019 18.0% -1.7%
2020 18.4% +2.1%
2021 17.3% -6.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.2% 1.2% 1.2% 1
2010s 7.5% 1.2% 18.4% 10
2020s 17.9% 17.3% 18.4% 2

Countries ranked near Senegal

  1. 74 Serbia 17.4% compare
  2. 75 Türkiye 17.4% compare
  3. 76 Maldives 17.4% compare
  4. 78 Hungary 16.8% compare
  5. 79 Albania 15.7% compare
  6. 80 Brazil 15.7% compare

See the full ranking of 136 places →

More financial sector data for Senegal

All data for Senegal →

Frequently asked questions

What is loans from nonresident banks (amounts outstanding) to gdp in Senegal?
Loans from nonresident banks (amounts outstanding) to gdp in Senegal was 17.3% in 2021, according to Bank for International Settlements (BIS).
What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Senegal?
The highest recorded value was 18.4% in 2020.
What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Senegal?
The lowest recorded value was 1.2% in 2009.
How does Senegal rank for loans from nonresident banks (amounts outstanding) to gdp?
Senegal ranks 77th out of 136 countries with data for 2021.
Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Senegal?
Over the last ten years it is up 340.6%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.

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Loans from nonresident banks (amounts outstanding) to GDP in Senegal. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/loans-from-nonresident-banks-amounts-outstanding-to-gdp-percent/senegal/

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About this data

Indicator
Loans from nonresident banks (amounts outstanding) to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 4,260 data points, 1962–2021
Last refreshed

Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.