Senegal—Deposit Interest Rate (%)
Latest Value
6.5%
2017
YoY Change
-6.3%
2016 → 2017
Maximum
8.6%
2009
Minimum
6.5%
2017
CAGR
-1.3%
13 years
Last
6.5%
Previous
6.9%
Highest
8.6%
Lowest
6.5%
Unit
%
Source
World Bank World Development Indicators
Senegal's deposit interest rate (%) was 6.5% in 2017. This represents a -6.3% change from 2016. Over the past 13 years, the highest recorded value was 8.6% (2009) and the lowest was 6.5% (2017). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 6.5% | -6.3% |
| 2016 | 6.9% | -1.0% |
| 2015 | 7.0% | -3.6% |
| 2014 | 7.3% | -5.2% |
| 2013 | 7.7% | -4.2% |
| 2012 | 8.0% | -6.0% |
| 2011 | 8.5% | +1.4% |
| 2010 | 8.4% | -2.2% |
| 2009 | 8.6% | +5.6% |
| 2008 | 8.1% | +4.0% |
| 2007 | 7.8% | -0.1% |
| 2006 | 7.8% | +2.8% |
| 2005 | 7.6% |
Top Countries — Deposit Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Turkiye | 57.6% | 2025 |
| 2 | Argentina | 34.9% | 2025 |
| 3 | Egypt, Arab Rep. | 19.2% | 2024 |
| 4 | Uzbekistan | 18.1% | 2024 |
| 5 | Russian Federation | 14.6% | 2024 |
| 6 | Honduras | 12.4% | 2025 |
| 7 | Madagascar | 12.1% | 2025 |
| 8 | Kenya | 12.0% | 2024 |
| 9 | Ghana | 11.4% | 2023 |
| 10 | Georgia | 10.6% | 2025 |
About This Indicator
Definition
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).
Unit
%