Senegal: Business credit
* indicates monthly or quarterly data series
The most recent value is 3300.9 billion CFA Franc as of June 2024, a decline compared to the previous value of 3321.9 billion CFA Franc. Historically, the average for Senegal from January 2004 to June 2024 is 1630.86 billion CFA Franc. The minimum of 468.06 billion CFA Franc was recorded in February 2004, while the maximum of 3362 billion CFA Franc was reached in December 2023.
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* indicates monthly or quarterly data series
- Measure: billion CFA Franc
- Source: Central Bank of West African States
| Recent values | Senegal: Business credit, billion currency units |
|---|---|
| 2024 Jun | 3300.9 |
| 2024 May | 3321.9 |
| 2024 Apr | 3140.4 |
| 2024 Mar | 3164.2 |
| 2024 Feb | 3312.8 |
| 2024 Jan | 3328.6 |
| 2023 Dec | 3362 |
| 2023 Nov | 3312 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 9.7 | 2022 | percent |
| Exchange rate regimes | 3 | 2022 | index points |
| USD exchange rate | 616.4319 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 9,717.70 | 6/2024 | billion |
| Consumer Price Index (CPI) | 130.7000 | 10/2024 | index points |
| Inflation, monthly | 0.46 | 10/2024 | percent |
| Inflation, annual | -0.23 | 10/2024 | percent |
| Private sector credit | 5,861.40 | 6/2024 | billion |
| Business credit | 3,300.90 | 6/2024 | billion |
| Household credit | 2,560.50 | 6/2024 | billion |
| Deposit interest rate | 5.71 | Q2/2024 | percent |
| Business credit interest rate | 8.15 | 12/2023 | percent |
| Mortgage credit interest rate | 8.36 | 10/2023 | percent |