Senegal: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 5.71 percent as of Q2 2024, an increase compared to the previous value of 5.65 percent. Historically, the average for Senegal from Q1 2016 to Q2 2024 is 5.3 percent. The minimum of 4.45 percent was recorded in Q3 2020, while the maximum of 5.88 percent was reached in Q3 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of West African States
Recent values | Senegal: Bank deposit interest rate, percent |
---|---|
2024  Q2 | 5.71 |
2024  Q1 | 5.65 |
2023  Q4 | 5.59 |
2023  Q3 | 5.61 |
2023  Q2 | 5.44 |
2023  Q1 | 5.34 |
2022  Q4 | 5.58 |
2022  Q3 | 5.19 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
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 |