Burkina Faso vs Senegal: Financial Development Index

Burkina Faso
0.1218
in 2020
Senegal
0.1128
in 2020
Burkina Faso rank
150th
Senegal rank
153rd

Financial Development Index over time

  • Burkina Faso
  • Senegal
00.050.10.15198020002020

How they compare

Burkina Faso currently reports 0.1218 against 0.1128 in Senegal, a difference of 0.009.

That makes Burkina Faso's figure about 1.1 times Senegal's.

The two have swapped places 6 times across 41 shared years of data; in 1980 it was Burkina Faso ahead.

Burkina Faso ranks 150th and Senegal ranks 153rd of 183 countries.

Across the 5 decades both report, Burkina Faso averaged higher in 4 and Senegal in 1.

Head to head by decade

Decade Burkina Faso Senegal Difference Ahead
1980s 0.142 0.0778 0.0642 Burkina Faso
1990s 0.1104 0.0735 0.0369 Burkina Faso
2000s 0.0824 0.09 0.0077 Senegal
2010s 0.1059 0.0985 0.0074 Burkina Faso
2020s 0.1218 0.1128 0.009 Burkina Faso

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial development index, Burkina Faso or Senegal?
Burkina Faso, at 0.1218 against 0.1128 in Senegal as of 2020.
What is the difference in financial development index between Burkina Faso and Senegal?
0.009, with Burkina Faso ahead.
How many years of comparable data are there for Burkina Faso and Senegal?
41 years are reported by both, from 1980 to 2020.
How do Burkina Faso and Senegal rank globally for financial development index?
Burkina Faso ranks 150th and Senegal ranks 153rd of 183 countries.
Where does this data come from?
International Monetary Fund, published as Financial Development Index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Burkina Faso vs Senegal: Financial Development Index. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/financial-development-index/burkina-faso/senegal/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.