Total Credit — Value Standard Local Currency in Senegal
Senegal: Total Credit — Value Standard Local Currency was 5.21 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Senegal, 1992–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency in Senegal stood at 5.21 million million SLC. That is the highest value across all 32 years on record.
That represents a change of up 0.7% on the previous year and up 135.2% over ten years.
Over the whole period, total credit — value standard local currency in Senegal peaked at 5.21 million million SLC in 2024 and was at its lowest, 499,429 million SLC, in 1992.
That places Senegal 37th out of 165 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Senegal, year by year
| Year | million SLC | Change |
|---|---|---|
| 1992 | 499,429 million SLC | — |
| 1993 | 508,994 million SLC | +1.9% |
| 1994 | 506,327 million SLC | -0.5% |
| 1995 | 515,529 million SLC | +1.8% |
| 1996 | 536,735 million SLC | +4.1% |
| 1997 | 584,710 million SLC | +8.9% |
| 1998 | 563,375 million SLC | -3.6% |
| 1999 | 610,901 million SLC | +8.4% |
| 2000 | 742,094 million SLC | +21.5% |
| 2001 | 544,787 million SLC | -26.6% |
| 2002 | 767,016 million SLC | +40.8% |
| 2003 | 834,326 million SLC | +8.8% |
| 2004 | 897,964 million SLC | +7.6% |
| 2005 | 1.11 million million SLC | +23.2% |
| 2006 | 1.11 million million SLC | +0.5% |
| 2007 | 1.14 million million SLC | +2.1% |
| 2008 | 1.28 million million SLC | +13.0% |
| 2009 | 1.33 million million SLC | +4.0% |
| 2011 | 1.72 million million SLC | +29.1% |
| 2012 | 1.61 million million SLC | -6.5% |
| 2013 | 2.04 million million SLC | +26.6% |
| 2014 | 2.22 million million SLC | +8.7% |
| 2015 | 2.09 million million SLC | -5.9% |
| 2016 | 2.18 million million SLC | +4.3% |
| 2017 | 2.73 million million SLC | +25.6% |
| 2018 | 2.73 million million SLC | -0.2% |
| 2019 | 3.37 million million SLC | +23.4% |
| 2020 | 3.53 million million SLC | +5.0% |
| 2021 | 3.82 million million SLC | +8.0% |
| 2022 | 4.61 million million SLC | +20.8% |
| 2023 | 5.18 million million SLC | +12.3% |
| 2024 | 5.21 million million SLC | +0.7% |
Senegal compared with similar countries
- Senegal's 5.21 million million SLC is above the median for lower middle income countries, which is 487,892 million SLC, 10.7× the median. (38 countries reporting)
- Senegal's 5.21 million million SLC is above the median for Sub-Saharan Africa, which is 494,292 million SLC, 10.5× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 540,750 million SLC | 499,429 million SLC | 610,901 million SLC | 8 |
| 2000s | 975,775 million SLC | 544,787 million SLC | 1.33 million million SLC | 10 |
| 2010s | 2.30 million million SLC | 1.61 million million SLC | 3.37 million million SLC | 9 |
| 2020s | 4.47 million million SLC | 3.53 million million SLC | 5.21 million million SLC | 5 |
Countries ranked near Senegal
More agriculture & rural data for Senegal
- Agriculture, forestry, and fishing, value added (current US$), annual 26.22 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1708 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 333.94 current US$ per person (2025)
- Rural population, annual growth rate 1.11 % change on previous year (2025)
- Rural population, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Rural population, per capita 0.4423 units per person (2025)
- Share of GDP from agriculture 17.1% (2025)
- Agriculture as a share of GDP vs. GDP per capita 17.1% (2025)
- Agricultural raw materials exports 0.8% (2024)
- Agricultural raw materials imports 1.2% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Senegal?
- Total credit — value standard local currency in Senegal was 5.21 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Senegal?
- The highest recorded value was 5.21 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Senegal?
- The lowest recorded value was 499,429 million SLC in 1992.
- How does Senegal rank for total credit — value standard local currency?
- Senegal ranks 37th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Senegal?
- Over the last ten years it is up 135.2%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.