Interest payments in Senegal
Senegal: Interest payments was 12.3% in 2023. ▲ Rising
Interest payments in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Senegal is 12.3%, measured in 2023. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 24.9% on the previous year and up 75.7% over ten years.
Over the whole period, interest payments in Senegal peaked at 12.3% in 2023 and was at its lowest, 7.0%, in 2015.
That places Senegal 44th out of 155 countries with data for 2023, putting it in the middle of the range.
Interest payments in Senegal, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2015 | 7.0% | — |
| 2016 | 7.6% | +8.7% |
| 2017 | 8.0% | +5.1% |
| 2018 | 9.0% | +12.4% |
| 2019 | 8.5% | -5.7% |
| 2020 | 9.3% | +9.3% |
| 2021 | 9.5% | +2.4% |
| 2022 | 9.9% | +3.8% |
| 2023 | 12.3% | +24.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.0% | 7.0% | 9.0% | 5 |
| 2020s | 10.2% | 9.3% | 12.3% | 4 |
Countries ranked near Senegal
More public sector data for Senegal
- Arms imports 77.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.16 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -55.23 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 77.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 27.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.016 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.69 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 514.94 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 893.37 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Senegal?
- Interest payments in Senegal was 12.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Senegal?
- The highest recorded value was 12.3% in 2023.
- What is the lowest interest payments recorded in Senegal?
- The lowest recorded value was 7.0% in 2015.
- How does Senegal rank for interest payments?
- Senegal ranks 44th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Senegal?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.