Senegal Interest Rate2022 Data - 2010-2021 Historical - 2023 Forecast - Chart

Name: Senegal Interest Rate
Creator: TRADING ECONOMICS
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Keywords: Senegal,Interest Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The benchmark interest rate in Senegal was last recorded at 4 percent. source: Central Bank of West African States (BCEAO)

Interest Rate in Senegal averaged 4.03 percent from 2010 until 2021, 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. This page provides - Senegal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Interest Rate - values, historical data and charts - was last updated on August of 2022.

Interest Rate in Senegal is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Interest Rate is projected to trend around 4.50 percent in 2023 and 4.00 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Interest Rate	4.00	4.00	percent	May 2022
Money Supply M0	2143800.00	2104900.00	XOF Million	Apr 2022
Lending Rate	8.23	8.23	percent	Jun 2022
Money Supply M2	8226400.00	7777200.00	XOF Million	Apr 2022
Loans To Private Sector	2902002.00	2849250.00	XOF Million	Sep 2016

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.