Nominal bank loans growth rose 104% to 52.9% in Senegal in 2015, according to the National Central Bank.
Historically, nominal bank loans growth in Senegal reached an all time high of 52.9% in 2015 and an all time low of -5.49% in 2009. When compared to Senegal's main peers, nominal bank loans growth in Gambia amounted to -9.59%, 25.7% in Guinea, 32.8% in Mali and 28.6% in Mauritania in 2015.
Senegal has been ranked 4th within the group of 138 countries we follow in terms of nominal bank loans growth, 4 places below the position seen 10 years ago.
Bank Loans Growth (Nominal) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 18.0% | 6.00% | 3.12% | ... | ... | ... | ... | ||||||||||||||
Burkina Faso | % | ... | ... | ... | ... | ... | 11.6% | ... | ... | ... | ... | ... | ... | |||||||||
Gambia | % | ... | ... | ... | ... | ... | -9.59% | ... | -6.34% | 32.1% | 30.2% | ... | ... | |||||||||
Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 25.7% | 6.66% | 1.92% | ... | 25.9% | |||
Guinea Bissau | % | ... | ... | ... | ... | ... | 64.4% | ... | ... | ... | ... | ... | ... | |||||||||
Liberia | % | ... | ... | ... | ... | ... | 30.5% | ... | ... | ... | ... | ... | ... | |||||||||
Mali | % | ... | ... | ... | ... | ... | 32.8% | ... | ... | ... | ... | ... | ... | |||||||||
Mauritania | % | ... | ... | ... | ... | ... | 28.6% | ... | ... | ... | ... | ... | ... | |||||||||
Morocco | % | ... | ... | ... | ... | 12.7% | ... | ... | ... | ... | ... | ... | ||||||||||
Niger | % | ... | ... | ... | ... | ... | 29.7% | ... | ... | ... | ... | ... | ... | |||||||||
Senegal | % | ... | ... | ... | ... | ... | 52.9% | ... | ... | ... | ... | ... | ... | |||||||||
Sierra Leone | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |