Kenya vs Senegal: Private credit by deposit money banks to GDP

Kenya
30.9%
in 2021
Senegal
28.8%
in 2021
Kenya rank
115th
Senegal rank
118th

Private credit by deposit money banks to GDP over time

  • Kenya
  • Senegal
10203040196019902021

How they compare

Kenya currently reports 30.9% against 28.8% in Senegal, a difference of 2.1%.

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

The two have swapped places 6 times across 61 shared years of data; in 1961 it was Kenya ahead.

Kenya ranks 115th and Senegal ranks 118th of 187 countries.

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

Head to head by decade

Decade Kenya Senegal Difference Ahead
1960s 13.1% 10.7% 2.3% Kenya
1970s 17.9% 17.2% 0.7% Kenya
1980s 19.7% 24.4% 4.7% Senegal
1990s 22.1% 15.2% 6.9% Kenya
2000s 24.7% 16.7% 8.0% Kenya
2010s 30.7% 26.2% 4.5% Kenya
2020s 31.5% 29.0% 2.5% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Kenya or Senegal?
Kenya, at 30.9% against 28.8% in Senegal as of 2021.
What is the difference in private credit by deposit money banks to gdp between Kenya and Senegal?
2.1%, with Kenya ahead.
How many years of comparable data are there for Kenya and Senegal?
61 years are reported by both, from 1961 to 2021.
How do Kenya and Senegal rank globally for private credit by deposit money banks to gdp?
Kenya ranks 115th and Senegal ranks 118th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kenya vs Senegal: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/kenya/senegal/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).