Total Credit — Value US$ in Senegal
Senegal: Total Credit — Value US$ was 8,598 million USD in 2024. ◆ Volatile
Total Credit — Value US$ in Senegal, 1992–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$ in Senegal stood at 8,598 million USD. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 91.6% over ten years.
Over the whole period, total credit — value us$ in Senegal peaked at 8,598 million USD in 2024 and was at its lowest, 743.84 million USD, in 2001.
That places Senegal 98th out of 166 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$ in Senegal, year by year
| Year | million USD | Change |
|---|---|---|
| 1992 | 1,887 million USD | — |
| 1993 | 1,798 million USD | -4.7% |
| 1994 | 911.97 million USD | -49.3% |
| 1995 | 1,033 million USD | +13.3% |
| 1996 | 1,049 million USD | +1.6% |
| 1997 | 1,002 million USD | -4.5% |
| 1998 | 954.95 million USD | -4.7% |
| 1999 | 992.57 million USD | +3.9% |
| 2000 | 1,045 million USD | +5.3% |
| 2001 | 743.84 million USD | -28.8% |
| 2002 | 1,106 million USD | +48.6% |
| 2003 | 1,439 million USD | +30.1% |
| 2004 | 1,703 million USD | +18.4% |
| 2005 | 2,098 million USD | +23.2% |
| 2006 | 2,129 million USD | +1.5% |
| 2007 | 2,372 million USD | +11.4% |
| 2008 | 2,877 million USD | +21.3% |
| 2009 | 2,837 million USD | -1.4% |
| 2011 | 3,655 million USD | +28.8% |
| 2012 | 3,154 million USD | -13.7% |
| 2013 | 4,127 million USD | +30.9% |
| 2014 | 4,489 million USD | +8.7% |
| 2015 | 3,528 million USD | -21.4% |
| 2016 | 3,671 million USD | +4.0% |
| 2017 | 4,707 million USD | +28.2% |
| 2018 | 4,912 million USD | +4.4% |
| 2019 | 5,745 million USD | +17.0% |
| 2020 | 6,140 million USD | +6.9% |
| 2021 | 6,882 million USD | +12.1% |
| 2022 | 7,393 million USD | +7.4% |
| 2023 | 8,538 million USD | +15.5% |
| 2024 | 8,598 million USD | +0.7% |
Senegal compared with similar countries
- Senegal's 8,598 million USD is above the median for lower middle income countries, which is 4,537 million USD, 1.9× the median. (38 countries reporting)
- Senegal's 8,598 million USD is above the median for Sub-Saharan Africa, which is 2,472 million USD, 3.5× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,203 million USD | 911.97 million USD | 1,887 million USD | 8 |
| 2000s | 1,835 million USD | 743.84 million USD | 2,877 million USD | 10 |
| 2010s | 4,221 million USD | 3,154 million USD | 5,745 million USD | 9 |
| 2020s | 7,510 million USD | 6,140 million USD | 8,598 million USD | 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 us$ in Senegal?
- Total credit — value us$ in Senegal was 8,598 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Senegal?
- The highest recorded value was 8,598 million USD in 2024.
- What is the lowest total credit — value us$ recorded in Senegal?
- The lowest recorded value was 743.84 million USD in 2001.
- How does Senegal rank for total credit — value us$?
- Senegal ranks 98th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Senegal?
- Over the last ten years it is up 91.6%. 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 US$. 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.