Bank branches per 100,000 adults in Senegal
Senegal: Bank branches per 100,000 adults was 5.22 in 2020. ▲ Rising
Bank branches per 100,000 adults in Senegal, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank branches per 100,000 adults in Senegal is 5.22, measured in 2020.
The figure is down 9.4% on the previous year and up 23.0% over ten years.
Over the whole period, bank branches per 100,000 adults in Senegal peaked at 5.76 in 2019 and was at its lowest, 2.01, in 2004.
That places Senegal 144th out of 185 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Bank branches per 100,000 adults in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.01 | — |
| 2005 | 2.55 | +26.6% |
| 2006 | 2.96 | +16.3% |
| 2007 | 3.14 | +6.0% |
| 2008 | 3.81 | +21.3% |
| 2009 | 3.99 | +4.8% |
| 2010 | 4.24 | +6.3% |
| 2011 | 4.55 | +7.3% |
| 2012 | 4.79 | +5.1% |
| 2013 | 4.7 | -1.7% |
| 2014 | 4.76 | +1.2% |
| 2015 | 5.1 | +7.1% |
| 2016 | 5.14 | +0.8% |
| 2017 | 5.76 | +12.1% |
| 2018 | 5.6 | -2.7% |
| 2019 | 5.76 | +2.9% |
| 2020 | 5.22 | -9.4% |
Senegal compared with similar countries
- Senegal's 5.22 is below the median for lower middle income countries, which is 6.45, 81% of the median. (46 countries reporting)
- Senegal's 5.22 is above the median for Sub-Saharan Africa, which is 4.08, 1.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.08 | 2.01 | 3.99 | 6 |
| 2010s | 5.04 | 4.24 | 5.76 | 10 |
| 2020s | 5.22 | 5.22 | 5.22 | 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 branches per 100,000 adults in Senegal?
- Bank branches per 100,000 adults in Senegal was 5.22 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Senegal?
- The highest recorded value was 5.76 in 2019.
- What is the lowest bank branches per 100,000 adults recorded in Senegal?
- The lowest recorded value was 2.01 in 2004.
- How does Senegal rank for bank branches per 100,000 adults?
- Senegal ranks 144th out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Senegal?
- Over the last ten years it is up 23.0%. 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 branches per 100,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.