Real interest rate — all countries

Real interest rate — Senegal

Real interest rate in Senegal in 2016 — 4.3%. Ranked 88 in the world out of 133. Since 2005, the indicator has risen by 2.07 pp.

2016 4.3% +0.26 pp vs 2015
World rank 88of 133
Period maximum 6.96%2014
Period minimum -2.99%2008

Trend over time

2005–2016 · % per annum

Real interest rate — Senegal, 2005–2016-5-2.502.557.520052007200920112013201520162005: 2.22%2006: 1.8%2007: -1.72%2008: -2.99%2009: 6.78%2010: 3.45%2011: 1.35%2012: 1.71%2013: 4.05%2014: 6.96%2015: 4.04%2016: 4.3%
Change over the period: +2.07 pp Annual average: 0.19 pp
Real interest rate — Senegal, by year Senegal All countries CSV XLSX
Year % Change, pp
2016 4.3 +0.26 pp
2015 4.04 −2.92 pp
2014 6.96 +2.91 pp
2013 4.05 +2.34 pp
2012 1.71 +0.36 pp
2011 1.35 −2.11 pp
2010 3.45 −3.33 pp
2009 6.78 +9.77 pp
2008 -2.99 −1.26 pp
2007 -1.72 −3.52 pp
2006 1.8 −0.42 pp
2005 2.22

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.