Senegal: Business credit interest rate

* indicates monthly or quarterly data series
 Senegal

Business credit interest rate, percent

 Latest value 8.15
 Reference December 2023
 Measure percent
 Data availability January 2005 - December 2023
 Average 5.91
 Min - Max 4.37 - 9.59
 Source Central Bank of West African States
For that indicator, we provide data for Senegal from January 2005 to December 2023. The average value for Senegal during that period was 5.91 percent with a minimum of 4.37 percent in July 2016 and a maximum of 9.59 percent in April 2023. Click on the following link to see the values of Business credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Senegal - Business credit interest rate - recent values

Historical chart
Senegal - Business credit interest rate - historical chart - 2005-2023
Measure: percent
Source: Central Bank of West African States


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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest value Reference Measure
 Inflation 9.7 2022 percent
 Money supply (broad money) 9,354.50 9/2023 billion
 Consumer Price Index (CPI) 131.0000 9/2023 index points
 Inflation, monthly -0.30 9/2023 percent
 Inflation, annual 3.80 9/2023 percent
 Private sector credit 5,273.80 9/2023 billion
 Business credit 3,019.60 9/2023 billion
 Household credit 2,254.20 9/2023 billion
 Deposit interest rate 5.61 Q3/2023 percent
 Business credit interest rate 9.24 9/2023 percent
 Mortgage credit interest rate 8.55 9/2023 percent
 USD exchange rate 613.6785 9/2023 Local Currency Units per USD
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