Senegal vs Tanzania: Bank concentration

Senegal
79.4%
in 2020
Tanzania
80.5%
in 2021
Senegal rank
63rd
Tanzania rank
61st

Bank concentration over time

  • Senegal
  • Tanzania
020406080200020102021

How they compare

Tanzania currently reports 80.5% against 79.4% in Senegal, a difference of 1.1%.

The two have swapped places 3 times across 17 shared years of data; in 2004 it was Tanzania ahead.

Senegal ranks 63rd and Tanzania ranks 61st of 169 countries.

Senegal has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Senegal Tanzania Difference Ahead
2000s 67.9% 57.3% 10.6% Senegal
2010s 50.7% 50.7% 0.0% Senegal
2020s 79.4% 62.3% 17.2% Senegal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank concentration, Senegal or Tanzania?
Tanzania, at 80.5% against 79.4% in Senegal as of 2021.
What is the difference in bank concentration between Senegal and Tanzania?
1.1%, with Tanzania ahead.
How many years of comparable data are there for Senegal and Tanzania?
17 years are reported by both, from 2004 to 2020.
How do Senegal and Tanzania rank globally for bank concentration?
Senegal ranks 63rd and Tanzania ranks 61st of 169 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank concentration (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Senegal vs Tanzania: Bank concentration. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/bank-concentration-percent/senegal/tanzania/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,296 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.