Housing Finance in Senegal
Overview
This profile is also available in French here.
To download a pdf version of the full 2019 Senegal country profile, click here.
Senegal has maintained its good economic growth trajectory despite a slight decline of 0.31 percentage points (6.77 per cent in 2018 compared to 7.08 per cent in 2017). The economic progress noted in 2018 was made possible by the performance in certain sectors of the Senegalese economy, including housing, which increased by five percentage points compared to 2017. In 2018, housing loans amounted to CFA47.4 billion (US$82 million), representing 20 percent of the total amount of housing loans granted in the Union. Mortgage loans are less in demand from the country’s financial institutions. Only 1.5 percent of adults held a mortgage product in 2015.
Despite the dynamism of the financial market, access to finance remains a problem for a large part of the Senegalese population, especially among low-income households. The acquisition of social housing delivered at CFA14.5 million (US$25 000) remains a problem for many Senegalese households. Indeed, the annual gross national income (GNI) per capita amounts to CFA821 441.61 (US$1 416) and 37 percent of the country’s households earn at most seven million CFA francs (US$12 000) a year. The same situation is observed with rents. Rent prices remain high in Dakar despite the law of 22 January 2014 lowering rent prices in the capital.
To resolve the affordable housing issue, the government relies on the two major developers (SICAP SA and SNHLM) to regulate activity. It is a way for government authorities to monitor competition and easily implement their social housing supply policy.
Find out more information on the housing finance sector of Senegal, including key stakeholders, important policies and housing affordability:
- Macroeconomic Overview
- Access to Finance
- Affordability
- Housing Supply
- Property Markets
- Policy and Regulations
- Opportunities
- Availability of data in housing finance
- Websites
Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2019 edition, which has up-to-date profiles for 55 African countries.
Download yearbookSenegal
Macroeconomic Overview
Senegal is a West African country covering an area of 196 712km2. The population was estimated at 16 209 125 inhabitants in 2019[1] with a population density of 82 people per square kilometre. However, it must be noted that Senegal has an unevenly distributed population. Dakar, the country’s capital, covers less than 0.3 percent of the country’s territory[2] but has more than 23 percent of the country’s population.[3] In recent decades, the country has been characterised by rapid urbanisation. The urban population increased from 40 percent in 2000 to 47 percent in 2018. [4]
Senegal has maintained its good economic growth trajectory despite a slight decline of 0.31 percentage points (6.77 per cent in 2018 compared to 7.08 per cent in 2017). The Senegalese economy has seen by significant public investment. The financing of these activities requires significant revenues that often exceed government resources. Senegal’s financing requirements were estimated at CFA477.6 billion (US$823.2 million[5]) or 3.7 percent of gross domestic product (GDP) in 2018.[6] Even if a large part of the financing, CFA7137.4 billion (US$12.3 billion), is obtained through debt, the outstanding debt remains sustainable according to the International Monetary Fund (IMF).[7] Inflation fell from 1.3 percent in 2017 to 0.4 percent in 2018, while the unemployment rate remained unchanged at 6.5 percent, reflecting the weak dynamism of the Senegalese labour market.[8]
The economic progress noted in 2018 was made possible by the performance in certain sectors of the Senegalese economy, including housing, which increased by five percentage points compared to 2017.[9] The sector has benefited from major real estate projects thanks to the Emerging Senegal Plan (ESP), which mainly develops flagship housing programmes in the urban centres of Diamniadio and Lac Rose. However, the sector still faces a number of challenges. Housing demand persists with a proliferation of slums, which account for nearly 40 percent of housing in Senegal.[10]
[1] Agence Nationale de la Statistique et de la Démographie (2019). http://www.ansd.sn/ (Accessed 26 August 2019).
[2] Service Régional de la Statistique et de la Démographie de Dakar (2015). Situation économique et Sociale régionale. April 2015. http://www.ansd.sn/ressources/ses/SES-Dakar-2013.pdf (Accessed 26 August 2019). Pg. 19.
[3] Agence Nationale de la Statistique et de la Démographie (2019). http://www.ansd.sn/ (Accessed 26 August 2019).
[4] World Bank (2018). World Bank Open Data. https://data.worldbank.org/indicator/sp.urb.totl.in.zs (Accessed 31 August 2019).
[5] This figure is calculated using the exchange rate on 1 July 2019 provided by the CAHF: US$1 = CFA580 153.
[6] Direction de la Prévision et des Etudes Economiques (2018). Situation économique et financière en 2018 et Perspectives en 2019. http://www.dpee.sn/Situation-economique-et-financiere,1816.html?lang=fr (Accessed 28 August 2019). Pg. 3.
[7] Fond Monétaire International (2019). West African Economic and Monetary Union. 1 March 2019.
https://www.imf.org/~/media/Files/Publications/CR/2019/1WAUEA2019002.ashx (Accessed 31 August 2019). Pg. 6
[8] World Bank (2019). Les données ouvertes de la Banque Mondiale. https://donnees.banquemondiale.org/indicateur/SL.UEM.TOTL.ZS?end=2018&start=1991 (Accessed 28 August 2019).
[9] Direction de la Prévision et des Etudes Economiques (2018). Situation économique et financière en 2018 et Perspectives en 2019. http://www.dpee.sn/Situation-economique-et-financiere,1816.html?lang=fr (Accessed 31 August 2019). Pg. 12.
[10] UN-Habitat (2019). Programme Senegal Zero Bidonville (PROZEBID). https://unhabitat.org/wp-content/uploads/2019/05/1-I-Programme-Senegal-Zero-Bidonville-PROZEBID.pdf (Accessed 31 August 2019). Pg. 1.
Access to Finance
In recent years, the financial sector has been booming in the West African Economic and Monetary Union (WAEMU) countries. In Senegal, loans amounted to about CFA4 093.1 billion (US$7.05 billion), a 33.9 percent increase compared to 2017.[1] Senegal is the second country after Côte d’Ivoire where bank loans reach the highest values, covering 27.6 per cent of total loans granted in the area in 2018. The country has 25 banks and four non-bank financial institutions.[2]
Loans were granted to all sectors of the economy at an average interest rate of 7.63 percent. [3] Four percent of individuals over 15 years of age had a housing loan in 2017.[4] In 2018, housing loans amounted to CFA47.4 billion (US$82 million), representing 20 percent of the total amount of housing loans granted in the Union.
Mortgage loans are less in demand from the country’s financial institutions. Only 1.5 percent of adults held a mortgage product in 2015.[5] In addition, for the year 2017, mortgage loans amounted to CFA47.8 billion (US$82.5 million) at an interest rate of 8.09 percent. [6]
The diaspora bonds operation was launched on 16 May 2019 by the Banque de l’Habitat du Sénégal (BHS), the mortgage bank of Senegal, with the aim of supporting end-user clients, in particular individuals wishing to acquire housing and developers with a construction project. To this end, the authorities plan to mobilise CFA20 billion, 60 percent of which should come from residents outside WAEMU. With a unit value of CFA10 000 (US$17.2), the bonds have a maturity of five years and offer a yield of 6.25 per cent.[7] Thus, the capital is repaid as from the third year.
Despite the dynamism of the financial market, access to finance remains a problem for a large part of the Senegalese population, especially among low-income households. In 2015, 24 percent of the richest quarter of households had an account with a formal financial institution compared to seven percent of the poorest quarter.[8] The same is true for mortgages: the percentage of rich users of these types of loans was twice the average. In the World Bank Doing Business 2019 report, Senegal is ranked 141 out of a total of 190 countries, losing one place compared to 2018. As a result, public authorities must make greater efforts to simplify credit access procedures for Senegalese households.
[1] Banque Centrale des Etats de l’Afrique de l’Ouest (2018). Rapport sur les conditions de banque Dans l’UEMOA 2018. https://www.bceao.int/sites/default/files/2019-07/Rapport pour cent20sur pour cent20les pour cent20conditions pour cent20de pour cent20banque pour cent20dans pour cent20l pour cent27UEMOA pour cent20- pour cent202018.pdf. (Accessed 31 August 2019).
[2] Commission bancaire de l’Union Economique et Monétaire Ouest Africaine (2018). Rapport annuel 2017. https://www.bceao.int/sites/default/files/2019-01/Rapport_Annuel_CB_2017.pdf (Accessed 31 August 2019). Pg. 41.
[3] Banque Centrale des Etats de l’Afrique de l’Ouest (2018). Rapport Sur Les Conditions De Banque Dans l’UEMOA 2018. https://www.bceao.int/sites/default/files/2019-07/Rapport pour cent20sur pour cent20les pour cent20conditions pour cent20de pour cent20banque pour cent20dans pour cent20l pour cent27UEMOA pour cent20- pour cent202018.pdf (Accessed 31 August 2019).
[4] World Bank (2017). The Global Findex Database 2017. https://globalfindex.worldbank.org/sites/globalfindex/files/2018-08/Global pour cent20Findex pour cent20Database.xlsx (Accessed 19 August 2019).
[5] World Bank (2016). Enhancing Financial Capability and Inclusion in Senegal. http://documents.worldbank.org/curated/en/371101467006421447/pdf/ACS18885-WP-P151555-PUBLIC-SENEGAL-Enhancing-Financial-Capability-and-Inclusion-Final-20160615.pdf (Accessed 31 August 2019). Pg. 25.
[6] The Global economy (2019). Money: Mortgage credit interest rates. https://www.theglobaleconomy.com/Senegal/mortgage_interest_rate/(Accessed 31 August 2019).
[7] Fualdes, N. (2019). Sénégal: la Banque de l’habitat lance ses «diaspora bonds». 22 Mai 2019. Jeuneafrique. https://www.jeuneafrique.com/778363/economie/senegal-la-banque-de-lhabitat-lance-ses-diaspora-bonds/ (Accessed 31 August 2019).
[8] World Bank (2016). Enhancing Financial Capability and Inclusion in Senegal. http://documents.worldbank.org/curated/en/371101467006421447/pdf/ACS18885-WP-P151555-PUBLIC-SENEGAL-Enhancing-Financial-Capability-and-Inclusion-Final-20160615.pdf (Accessed 31 August 2019).
Affordability
While the price of housing in Senegal depends on the plan, type and geographical location, it generally exceeds CFA10 million (US$17 236). For example, the least expensive social housing provided by the state under the “une famille-un toit” (one family, one roof) project is delivered at CFA14.5 million (US$25 000).[1]
The surge in housing prices is the result of a long and unprecedented process of speculation combined with the scarcity of land and the high cost of land and building materials. In the second quarter of 2019, labour and building material costs increased by 1.3 percent and 0.1 percent respectively compared to the previous quarter.[2]
The acquisition of social housing delivered at CFA14.5 million (US$25 000) remains a problem for many Senegalese households. Indeed, the annual gross national income (GNI) per capita amounts to CFA821 441.61 (US$1 416) and 37 percent of the country’s households earn at most seven million CFA francs (US$12 000) a year.[3] In urban areas, 60 percent of the population earn at most the same amount.
The same situation is observed with rents. Rent prices remain high in Dakar despite the law of 22 January 2014 lowering rent prices in the capital. The average monthly rent for a three-bedroom apartment in the city centre is at least CFA500 000 (US$862).[4] Depending on the areas, especially outside the city centre, the price can drop to CFA150 000 (US$258). Here again, rent is inaccessible for many Dakar residents as 22 percent of households in the capital earn no more than CFA580 153 (US$1 000) a month.[5] As a result, some tenants are forced to turn to other residential areas, regardless of the distance to the workplace.
In recent years, the state has made many efforts to improve access to affordable housing – particularly through the construction of social housing. An amount of CFA69.5 billion (US$120 million) has been allocated to the housing sector following the 2019 finance law. However, there is still some way to go as 9 000 hectares of Senegalese territory is made up of slums.[6] In view of the state’s ambitious programmes in the coming years, implementing housing projects will require more funding.[7] Aware of this, the authorities are putting in place other ways and means to facilitate access to housing for Senegalese households. The diaspora bonds launched by the Banque de l’Habitat du Sénégal are aimed at Senegalese people trying to gain access to finance for housing,
[1] Il s’agit des logements de type F3 sur une superficie de 150m2. Voir République du Sénégal (2016). Une Famille un Toit. Programmes en cours. http://www.unefamilleuntoit.gouv.sn/fr/content/programmes-en-cours (Accessed 16 September 2019).
[2]Agence Nationale de la Statistique et de la Démographie (2019). Indice du coût de la construction (ICC) : deuxième trimestre 2019. http://www.ansd.sn/ressources/publications/ICC pour cent20T2-2019.pdf. (Accessed 31 August 2019). Pg. 2.
[3] Canback (2019). Canback Global Income Distribution Database. https://www.cgidd.com/ (Accessed 30 September 2019).
[4] NUMBEO (2019). Coût de la Vie au Sénégal. https://fr.numbeo.com/co%C3%BBt-de-la-vie/pays/S%C3%A9n%C3%A9gal (Accessed 16 September 2019).
[5] Canback (2019). Canback Global Income Distribution Database. https://www.cgidd.com/ (Accessed 30 September 2019).
[6] Abdou Karim Fofana, ministre de l’Urbanisme, du Logement et de l’Hygiène publique, interviewé par Mamadou Ibra Kane. Voir Nettali (2019). Abdou Karim Fofana: «9.000 hectares sont des bidonvilles». 18 August 2019. https://www.nettali.com/2019/08/18/abdou-karim-fofana-9-000-hectares-sont-des-bidonvilles/ (Accessed 16 September 2019).
[7] Abdou Karim Fofana, ministre de l’Urbanisme, du Logement et de l’Hygiène publique, interviewé par Mamadou Ibra Kane. Voir Nettali (2019). Abdou Karim Fofana: «9.000 hectares sont des bidonvilles». 18 August 2019. https://www.nettali.com/2019/08/18/abdou-karim-fofana-9-000-hectares-sont-des-bidonvilles/ (Accessed 16 September 2019).
Housing Supply
In Senegal, homeowners generally build their homes themselves with cement as the main building material. The price of a cement bag is rising steadily and reached CFA3 140 (US$5) in June 2019. Depending on the plan, the geographical location and the quality of the materials used, construction costs can exceed CFA10 million (US$17 236).
Since the 1990s, real estate development has been carried out by the Société Immobilière du Cap-Vert (SICAP) and the Société Nationale des Habitations à Loyer Modéré (SN HLM), alongside private or foreign real estate developers. SICAP has produced 13 260 housing units, including 5 825 simple rental units and 7 435 lease-purchase units, for a total investment of CFA55 497 billion since its creation in 1950 until 2016. SN HLM produced about 15 500 housing units between 1987 and 2013.[1] There are 38 private real estate developers approved by the BHS in Senegal.
Another way to acquire affordable housing is through a housing cooperative approved by the Minister responsible for housing. A housing cooperative is an organisation whose purpose it is develop a piece of land into lots or assemblies of grouped single-family homes for residential or professional use, intended to be allocated or sold to members (at least seven). After its creation, the cooperative is exempt from annual income tax and benefits from lower taxation (registration rate) and preferential loan repayment rates to the Banque de l’Habitat du Sénégal. A total of 35 housing cooperatives have recently been approved by the Direction de la Monnaie et du Crédit.
The housing deficit, estimated at nearly 300 000 in 2018, is real in Senegal,[2] as the household sizes are large (with an average of eight people in urban areas and 10 in rural areas)[3]. To address this deficit, the government has initiated a significant batch of housing construction programmes, many of which are social housing for low income first-time buyers. Through the ESP’s programme d’accélération de l’offre en habitat social (social housing acceleration programme), 40 000 housing units will be built, 40 percent to 60 percent of which will be social housing in the new Diamniadio hub and other localities, including the Sicap Lac Rose area in Bambilor. [4]
Also, with the aim of facilitating access to housing, the Government of Senegal is committed to building 100 000 housing units between 2019 and 2024 through the Projet Zéro Bidonville (zero slum project, PROZEBID). This project aims to improve the living conditions of more than four million people, or more than 500 000 households, living in slums before 2035. Among the key components of the programme are the upgrading, development and equipping of slums and the construction of 100 000 housing units, 60 percent of which will be in the Dakar-Thies-Mbour triangle.
[1] Sané, Y. (2013). «La politique de l’habitat au Sénégal: une mutation permanente». July-September 2013. Les Cahiers d’Outre-Mer (263). https://journals.openedition.org/com/6913 (Accessed 31 August 2019). Pg. 317.
[2] Bureau d’Information Gouvernementale (2019). Habitat social. http://www.big.gouv.sn/index.php/2018/09/12/habitat-social/ (Accessed 17 September 2019).
[3] Agence Nationale de la Statistique et de la Démographie (2014). Recensement Général de la Population et de l’Habitat, de l’Agriculture et de l’Elevage (RGPHAE) 2013. http://www.ansd.sn/ressources/rapports/Rapport-definitif-RGPHAE2013.pdf (Accessed 31 August 2019). Pg. 301.
[4]Bureau Opérationnel du Suivi du Plan Sénégal Emergent (2015). Programme d’accélération de l’offre en habitat social. http://senegal-emergent.com/fr/programme-dacceleration-de-loffre-en-habitat-social-0 (Accessed 03 September 2019).
Property Markets
The Senegalese real estate sector is experiencing a huge expansion. This is mainly due to development programmes, including the construction of highways and roads, the creation of new urban areas and the massive production of housing. Similarly, population growth and the reputation of a stable democratic country provide a favourable environment for investors.
As a result, the capital has a highly sought-after real estate market where workers and students from Senegal and abroad meet. As the regional headquarters of many companies and international organisations, Dakar offers a variety of products, including villas, buildings, hotels and shopping malls. The market even offers products of international modernity standards with air conditioning, high-end household appliances and good quality electrification.
Nowadays, in Dakar, there are very few villas under construction. Ongoing public construction projects are more oriented towards the cities of Diamniadio, Lac Rose, Bambilor and Tivaouane Peul. Dakar nevertheless has with a dynamic real estate market. Tenants (including flatmates) are in the majority, representing 52 percent of households in Dakar (but only 23 percent at the national level).[1] Most of the capital’s real estate market consists of residential or office buildings for rental use, unlike other cities where housing is used as a residence for the owner.
However, houses are expensive in Senegal, especially in Dakar. The high house prices are partly the result of the soaring cost of land. For example, the price per square metre of land increased by almost 2.5 times between 1994 and 2000, and then by more than double between 2000 and 2009.[2]
Streamlining construction procedures could make the real estate market much more attractive. Also, to protect themselves from contingencies and make the real estate market safer, tenants and landlords should use insurance policies. In some situations, an insurance policy allows landlords to deal with defaulting tenants. The insurer pays the rent and other costs in cases when the tenant stays three months without paying.
[1] Agence Nationale de la Statistique et de la Démographie (2014). Recensement Général de la Population et de l’Habitat, de l’Agriculture et de l’Elevage 2013. http://www.ansd.sn/ressources/rapports/Rapport-definitif-RGPHAE2013.pdf (Accessed 31 August 2019). Pg. 323.
[2] Agence Nationale de la Statistique et de la Démographie (2010). Etude Monographique sur Les Services du Logement à Dakar. http://anads.ansd.sn/index.php/catalog/34/download/1285 (Accessed 31 August 2019).
Policy and Regulations
Senegal has a complex legal and regulatory framework for housing. The urban planning code, drawn up in 2008, defines the standards and rules required for structures to adhere to. At the same time, the Construction Code, introduced in 2009, defines the rules applicable for construction and the status of the various stakeholders.
On the land issue, Senegal scores a low 10 out of 30 for the quality of land administration.[1] Women’s access to land has occupied a large part of the debates on land reform at the national level. Even if, in the eyes of the law, men and women have the same rights regarding access to land, this is far from being the reality on the ground.
The issue of land tenure security has also been raised in discussions for a legislative and regulatory status for the recognition, protection and the guarantee of land rights of all stakeholders, as 70 percent of the cases handled in the courts relate to land.[2]Land tenure security will facilitate the widespread registration of land subject to two regimes: the registration regime and the national domain regime. The national domain, the dominant regime, covers all land that has not been registered.
However, to facilitate access to land, the Cadre de Réflexion et d’Action sur le Foncier au Sénégal (framework for reflection and action on land in Senegal) has prepared a document contributing to land legislation. The aim is to maintain the spirit of the National Domain Act of 1964. This requires the adoption of land deliberations by an absolute majority to strengthen the transparency and legitimacy of decisions and the registration of land in the national domain. This would make it possible to make land available to private investors if the local authorities concerned agree.
With a global budget of CFA69.5 billion (US$120 million) in reference to the 2019 finance law, most of Senegal’s housing policy is based on housing production and financing. On the one hand, government policies to improve access to housing have mainly concerned the supply of housing with the commitment to build 100 000 social housing units between 2019 and 2024 through PROZEBID as well as the construction of housing in the cities of Diamniadio, Lac Rose, Tivaouane Peulh, etc. On the other hand, the diaspora bonds operation put in place by the Senegalese government has been the major policy for housing finance this year.
With the real estate market, the government relies on the two major developers (SICAP SA and SNHLM) to regulate activity. It is a way for government authorities to monitor competition and easily implement their social housing supply policy. In addition, since its launch in 2016, Senegal has joined the Programme pour l’Efficacité Energétique dans le Bâtiment with the aim of supporting building projects towards better energy efficiency. Policies to reduce procedures resulted in a reduction in property registration costs covering 7.6 percent of the building’s value.[3]
[1] World Bank (2019). Doing Business: Economy Profile of Senegal. https://www.doingbusiness.org/content/dam/doingBusiness/country/s/senegal/SEN.pdf (Accessed 18 September 2019). Pg. 21.
[2] Ndarinfo (2018). Litiges fonciers: 70% affaires traitées par les tribunaux sénégalais. 3 December 2018. https://www.ndarinfo.com/LITIGES-FONCIERS-70-affaires-traitees-par-les-tribunaux-senegalais-expert_a23572.html (Accessed 3 September 2019).
[3] World Bank (2019). Doing Business: Economy Profile of Senegal. https://www.doingbusiness.org/content/dam/doingBusiness/country/s/senegal/SEN.pdf (Accessed 18 September 2019). Pg. 21.
Opportunities
Like most countries in Sub-Saharan Africa, Senegal is a country of the future with growth rates of more than six percent since 2016. Since then, the country has undergone profound changes in all sectors of the economy, particularly in the housing sector, with major construction projects in cities such as Diamniadio, Bambilor and Lac Rose.
Senegal offers real housing opportunities. In addition, the country has good labour potential with a young population of more than 50 percent. The housing market is booming with housing construction in most urban centres. The new city of Diamniadio offers apartments, condominiums and modern houses in different architectural styles. However, 37 percent of Senegalese households earn FCA580 153 (US$1 000) or less at the end of the month. Income amounts are lower in rural areas where 46 percent of households earn R580 153 (US$1 000) or less compared to 25 percent in urban areas. Also, in 2018, 66.2 percent of the population lived below the poverty line.[1]
Senegal is in a favourable position to attract investors in the various sectors of the economy. However, for the housing sector, the authorities must ensure that future construction is based on rigorous planning and a more formal framework. Registering the parcels and requiring land title for future construction will better secure the land and avoid land disputes. Such measures willimprove the number[2] of land titles, recorded at 152 000 in 2015, and the share of registered land, recorded at five percent.[3]There also needs to be a focus on delivering housing of a decent standard for the vast majority of the population.
[1] United Nations Development Programme (2018). Human Development Reports: Senegal. http://hdr.undp.org/en/countries/profiles/SEN(Accessed 5 September 2019).
[2] IPAR (2015). Le Sénégal compte seulement 152.000 titres fonciers. 3 Juillet 2015. https://www.ipar.sn/Le-Senegal-compte-seulement-152-000-titres-fonciers-officiel.html (Accessed 6 September 2019).
[3] Diagne, A. (2015). FICHE D’INFO: A qui appartient la terre au Sénégal? 23 Novembre 2015. Africa Check. https://fr.africacheck.org/factsheets/fiche-dinfo-a-qui-appartient-la-terre-au-senegal/ (Accessed 6 September 2019).
Availability of data in housing finance
The reference statistical agency, the Agence Nationale de la Statistique et de la Démographie (ANSD), was created on 21 July 2004.[1] It is responsible for the technical co-ordination of the activities of the national statistical system and for the production and dissemination of statistical data for the needs of the government, public administrations, the private sector, development partners and the public. In 2017, thanks to the efforts by ANSD over the past several years, Senegal acceded to the Special Data Dissemination Standard.
Apart from statistics from international bodies such as the World Bank, the IMF and the Central Bank of West African States, internally the data comes mainly from ANSD, the Direction de la Prévision et des Etudes Economiques (directorate of economic forecasting and studies) and the statistical services of ministries. Most of the data – especially ANSD data – are generally collected through household, business or government surveys. As a result, the data produced is of high quality and published at regular intervals (monthly, quarterly, and annually). In addition, ANSD is, for the most part, the main source of information for several economic policy documents from other institutions.
There is, however, a lack of data on some housing finance specific queries such as statistics on mortgage lending (number of mortgage providers, the number of non-performing mortgages) and on construction and labour costs.
Websites
Agence Nationale de la Statistique et de la Démographie http://www.ansd.sn/
Banque Centrale des Etats de l’Afrique de l’Ouest https://www.bceao.int/fr/
Global Findex https://globalfindex.worldbank.org/
United Nations Development Programme http://hdr.undp.org/
World Bank Open Data https://data.worldbank.org
Direction de la Monnaie et du Crédit http://www.dmc.finances.gouv.sn/
The Global Economy https://www.theglobaleconomy.com/
Housing Finance Information Network http://www.hofinet.org/
Batix http://batix.sn/
Bureau d’Information Gouvernementale http://www.big.gouv.sn/
Canback Global Income Distribution Database https://www.cgidd.com/
Système Statistique National du Sénégal http://www.statsenegal.sn/
République du Sénégal – Une famille un toit http://www.unefamilleuntoit.gouv.sn/fr
