Nicaragua vs Senegal: Financial system deposits to GDP

Nicaragua
33.1%
in 2021
Senegal
34.9%
in 2021
Nicaragua rank
133rd
Senegal rank
132nd

Financial system deposits to GDP over time

  • Nicaragua
  • Senegal
01020304050196019902021

How they compare

Senegal currently reports 34.9% against 33.1% in Nicaragua, a difference of 1.8%.

That makes Senegal's figure about 1.1 times Nicaragua's.

The two have swapped places 5 times across 62 shared years of data; in 1960 it was Nicaragua ahead.

Nicaragua ranks 133rd and Senegal ranks 132nd of 185 countries.

Across the 7 decades both report, Nicaragua averaged higher in 6 and Senegal in 1.

Head to head by decade

Decade Nicaragua Senegal Difference Ahead
1960s 24.8% 4.9% 19.9% Nicaragua
1970s 11.9% 9.5% 2.4% Nicaragua
1980s 22.9% 12.8% 10.0% Nicaragua
1990s 15.4% 12.3% 3.1% Nicaragua
2000s 27.4% 18.9% 8.5% Nicaragua
2010s 33.3% 28.2% 5.1% Nicaragua
2020s 33.4% 34.6% 1.2% Senegal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Nicaragua or Senegal?
Senegal, at 34.9% against 33.1% in Nicaragua as of 2021.
What is the difference in financial system deposits to gdp between Nicaragua and Senegal?
1.8%, with Senegal ahead.
How many years of comparable data are there for Nicaragua and Senegal?
62 years are reported by both, from 1960 to 2021.
How do Nicaragua and Senegal rank globally for financial system deposits to gdp?
Nicaragua ranks 133rd and Senegal ranks 132nd of 185 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs Senegal: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 08 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/nicaragua/senegal/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).