Senegal: Commercial banks and other lending (PPG + PNG) (NFL, current US$)

Key figures

What the numbers say

In 2024, Senegal's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$3.92 billion on 2023 (from US$5.61 billion to US$1.69 billion).

Across the 30 yearly changes before that (1985 to 2023), the average change was +US$208.64 million and a typical year strayed about US$816.45 million from that (the standard deviation). This year's change was 5.1 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$3.06 billion in 2020 and the biggest yearly fall was US$3.92 billion in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2024 the straight-line trend is upward, about US$470.67 million a year. A straight line explains 49% of the movement over 9 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Senegal had the 9th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Senegal in the 2024 ranking

• Mozambique — 6th of 87: US$2.7 billion
• Mongolia — 7th of 87: US$2.56 billion
• El Salvador — 8th of 87: US$2.11 billion
• Serbia — 10th of 87: US$1.51 billion
• Argentina — 11th of 87: US$1.31 billion
• Paraguay — 12th of 87: US$1.16 billion

What this measures

Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).

Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.

Regional and income-group figures are computed by the World Bank as a sum.

All 47 values

Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies

• Angola — −US$924.98 million (2024)
• Benin — US$461.66 million (2024)
• Burkina Faso — US$131.21 million (2024)
• Cabo Verde — −US$22.14 million (2024)
• Cameroon — US$452.97 million (2024)
• Congo, Dem. Rep. — −US$9.02 million (2024)
• Congo, Rep. — −US$404.91 million (2024)
• Côte d'Ivoire — US$233.35 million (2024)
• Eswatini

More economic policy & debt data for Senegal

• General government final consumption expenditure (current US$) — US$5.69 billion (2025)
• General government final consumption expenditure (current LCU) — 3.31 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$4.21 billion (2025)
• General government final consumption expenditure (constant LCU) — 2.52 trillion (2025)
• General government final consumption expenditure (% of GDP) — 15.39% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$23.62 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 13.75 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

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Questions people ask

What is Senegal's commercial banks and other lending (PPG + PNG) (NFL, current US$)?

US$1.69 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1973?

It is up 3,560% from US$46.23 million in 1973 (7.31% a year on average, compounded). The highest value was US$5.61 billion in 2023 and the lowest −US$260.8 million in 2019.

How does Senegal rank?

9th highest of 87 economies with data for 2024.

Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Senegal?

In 2024, Senegal's commercial banks and other lending (PPG + PNG) (NFL, current US$) fell US$3.92 billion on 2023 (from US$5.61 billion to US$1.69 billion). Across the 30 yearly changes before that (1985 to 2023), the average change was +US$208.64 million and a typical year strayed about US$816.45 million from that (the standard deviation). This year's change was 5.1 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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