Bank accounts per 1,000 adults in Senegal
Senegal: Bank accounts per 1,000 adults was 225.5 in 2020. ▲ Rising
Bank accounts per 1,000 adults in Senegal, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Senegal recorded 225.5 for bank accounts per 1,000 adults in 2020. That is the highest value across all 17 years on record.
That represents a change of up 0.7% on the previous year and up 116.2% over ten years.
Over the whole period, bank accounts per 1,000 adults in Senegal peaked at 225.5 in 2020 and was at its lowest, 79.69, in 2005.
Senegal ranks 75th of 103 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Bank accounts per 1,000 adults in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 84.13 | — |
| 2005 | 79.69 | -5.3% |
| 2006 | 87.09 | +9.3% |
| 2007 | 92.5 | +6.2% |
| 2008 | 107.95 | +16.7% |
| 2009 | 95.42 | -11.6% |
| 2010 | 104.29 | +9.3% |
| 2011 | 135.45 | +29.9% |
| 2012 | 134.91 | -0.4% |
| 2013 | 153.24 | +13.6% |
| 2014 | 168.36 | +9.9% |
| 2015 | 165.31 | -1.8% |
| 2016 | 188.12 | +13.8% |
| 2017 | 193 | +2.6% |
| 2018 | 201.34 | +4.3% |
| 2019 | 223.99 | +11.3% |
| 2020 | 225.5 | +0.7% |
Senegal compared with similar countries
- Senegal's 225.5 is below the median for lower middle income countries, which is 408.53, 55% of the median. (36 countries reporting)
- Senegal's 225.5 is above the median for Sub-Saharan Africa, which is 194.06, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 91.13 | 79.69 | 107.95 | 6 |
| 2010s | 166.8 | 104.29 | 223.99 | 10 |
| 2020s | 225.5 | 225.5 | 225.5 | 1 |
Countries ranked near Senegal
More financial sector data for Senegal
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.09 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.25 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.09 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Senegal?
- Bank accounts per 1,000 adults in Senegal was 225.5 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Senegal?
- The highest recorded value was 225.5 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Senegal?
- The lowest recorded value was 79.69 in 2005.
- How does Senegal rank for bank accounts per 1,000 adults?
- Senegal ranks 75th out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Senegal?
- Over the last ten years it is up 116.2%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.