Monetary Sector credit to private sector (% GDP) in Senegal
Senegal: Monetary Sector credit to private sector (% GDP) was 30.9% in 2025. ▲ Rising
Monetary Sector credit to private sector in Senegal, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Senegal recorded 30.9% for monetary sector credit to private sector in 2025.
The figure is up 3.6% on the previous year and up 13.1% over ten years.
Over the whole period, monetary sector credit to private sector in Senegal peaked at 32.2% in 2022 and was at its lowest, 8.8%, in 1967.
Senegal ranks 114th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Monetary Sector credit to private sector (% GDP) in Senegal, year by year
| Year | % 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% | +6.9% |
| 2018 | 29.6% | -0.5% |
| 2019 | 29.5% | -0.1% |
| 2020 | 29.3% | -0.7% |
| 2021 | 29.9% | +2.0% |
| 2022 | 32.2% | +7.6% |
| 2023 | 31.4% | -2.3% |
| 2024 | 29.8% | -5.2% |
| 2025 | 30.9% | +3.6% |
Senegal compared with similar countries
- Senegal's 30.9% is above the median for lower middle income countries, which is 23.7%, 1.3× the median. (46 countries reporting)
- Senegal's 30.9% is above the median for Sub-Saharan Africa, which is 15.9%, 1.9× the median. (48 countries reporting)
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 | 30.6% | 29.3% | 32.2% | 6 |
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 monetary sector credit to private sector in Senegal?
- Monetary sector credit to private sector in Senegal was 30.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Senegal?
- The highest recorded value was 32.2% in 2022.
- What is the lowest monetary sector credit to private sector recorded in Senegal?
- The lowest recorded value was 8.8% in 1967.
- How does Senegal rank for monetary sector credit to private sector?
- Senegal ranks 114th out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Senegal?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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. 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.