Lending Rate in Senegal remained unchanged at 8.55 percent in November from 8.55 percent in October of 2019. Lending Rate in Senegal averaged 8.42 percent from 2005 until 2019, reaching an all time high of 8.87 percent in June of 2014 and a record low of 8.25 percent in March of 2007.

Lending Rate in Senegal is expected to be 8.55 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Senegal to stand at 8.05 in 12 months time. In the long-term, the Senegal Prime Lending Rate is projected to trend around 8.05 percent in 2020, according to our econometric models.

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Senegal Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.55 8.55 8.87 8.25 2005 - 2019 percent Monthly

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 [+]