Senegal - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Senegal was -1.350 as of 2017. As the graph below shows, over the past 12 years this indicator reached a maximum value of -0.558 in 2005 and a minimum value of -3.602 in 2009.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2005 -0.558
2006 -3.085
2007 -3.062
2008 -3.140
2009 -3.602
2010 -3.273
2011 -3.245
2012 -2.953
2013 -2.367
2014 -1.920
2015 -1.844
2016 -1.630
2017 -1.350

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates