The benchmark interest rate in Senegal was last recorded at 4.50 percent. Interest Rate in Senegal averaged 4.02 percent from 2010 until 2019, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013.

Interest Rate in Senegal is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Senegal to stand at 4.00 in 12 months time. In the long-term, the Senegal Interest Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

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Senegal Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 4.50 3.50 2010 - 2019 percent Daily


Senegal Interest Rate
Senegal is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate.

Senegal Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 4.50 3.50 percent [+]
Money Supply M0 1746450.00 1682381.00 1789369.00 511899.00 XOF Million [+]
Deposit Interest Rate 6.49 6.93 8.58 6.49 percent [+]
Money Supply M2 5396300.00 5391300.00 5428429.00 1051355.00 XOF Million [+]
Lending Rate 8.55 8.55 8.87 8.25 percent [+]
Loans To Private Sector 2902002.00 2849250.00 2902002.00 868952.00 XOF Million [+]