Policy Interest Rate in Senegal
The Policy Interest Rate (%, eop) ended 2024 at 3.5%, unchanged from the 3.5% end-2024 value and up from the reading of 2.5% a decade earlier. For reference, the average interest rate in Sub-Saharan Africa was 3.5% at end-2024. For more information on interest rate, visit our dedicated page
Senegal Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Senegal from 2024 to 2016.
Source: Macrobond.
Senegal Interest Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Policy Interest Rate (%, eop) | 2.00 | 2.00 | 2.75 | 3.50 | 3.50 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Senegalese interest rate projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Senegalese interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Senegalese interest rate projections.
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