Real interest rate in Senegal
Senegal: Real interest rate was 4.3% in 2016. ◆ Volatile
Real interest rate in Senegal, 2005–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Senegal is 4.3%, measured in 2016.
The figure is up 6.4% on the previous year and up 138.9% over ten years.
Over the whole period, real interest rate in Senegal peaked at 7.0% in 2014 and was at its lowest, -3.0%, in 2008.
That places Senegal 81st out of 149 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real interest rate in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 2.2% | — |
| 2006 | 1.8% | -19.1% |
| 2007 | -1.7% | -195.8% |
| 2008 | -3.0% | +73.3% |
| 2009 | 6.8% | -327.0% |
| 2010 | 3.5% | -49.1% |
| 2011 | 1.3% | -61.0% |
| 2012 | 1.7% | +26.9% |
| 2013 | 4.1% | +137.2% |
| 2014 | 7.0% | +71.7% |
| 2015 | 4.0% | -41.9% |
| 2016 | 4.3% | +6.4% |
Senegal compared with similar countries
- Senegal's 4.3% is below the median for lower middle income countries, which is 5.2%, 82% of the median. (38 countries reporting)
- Senegal's 4.3% is below the median for Sub-Saharan Africa, which is 4.9%, 87% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | -3.0% | 6.8% | 5 |
| 2010s | 3.7% | 1.3% | 7.0% | 7 |
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 real interest rate in Senegal?
- Real interest rate in Senegal was 4.3% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Senegal?
- The highest recorded value was 7.0% in 2014.
- What is the lowest real interest rate recorded in Senegal?
- The lowest recorded value was -3.0% in 2008.
- How does Senegal rank for real interest rate?
- Senegal ranks 81st out of 149 countries with data for 2016.
- Is real interest rate rising or falling in Senegal?
- Over the last ten years it is up 138.9%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.