Bank cost to income ratio in Senegal
Senegal: Bank cost to income ratio was 63.4% in 2020. ▲ Rising
Bank cost to income ratio in Senegal, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2020, bank cost to income ratio in Senegal stood at 63.4%.
That represents a change of up 1.1% on the previous year and up 1.3% over ten years.
Over the whole period, bank cost to income ratio in Senegal peaked at 73.4% in 2014 and was at its lowest, 52.5%, in 2001.
That places Senegal 43rd out of 169 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Bank cost to income ratio in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 54.6% | — |
| 2001 | 52.5% | -3.7% |
| 2002 | 54.3% | +3.3% |
| 2003 | 56.7% | +4.4% |
| 2004 | 56.8% | +0.2% |
| 2005 | 58.8% | +3.5% |
| 2006 | 56.8% | -3.3% |
| 2007 | 62.3% | +9.7% |
| 2008 | 59.9% | -3.8% |
| 2009 | 57.1% | -4.8% |
| 2010 | 62.6% | +9.7% |
| 2011 | 69.5% | +10.9% |
| 2012 | 69.5% | -0.0% |
| 2013 | 65.4% | -5.9% |
| 2014 | 73.4% | +12.3% |
| 2015 | 66.9% | -8.9% |
| 2016 | 64.8% | -3.1% |
| 2017 | 63.3% | -2.4% |
| 2018 | 64.6% | +2.1% |
| 2019 | 62.7% | -2.9% |
| 2020 | 63.4% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 57.0% | 52.5% | 62.3% | 10 |
| 2010s | 66.3% | 62.6% | 73.4% | 10 |
| 2020s | 63.4% | 63.4% | 63.4% | 1 |
Countries ranked near Senegal
- 40 Honduras 63.8% compare
- 41 South Korea 63.7% compare
- 42 Serbia 63.6% compare
- 44 Dominican Republic 63.4% compare
- 45 Bosnia and Herzegovina 62.8% compare
- 46 United States 62.7% compare
More financial sector data for Senegal
- Net domestic credit (current LCU), per capita 605,208 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 309.62 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.99 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 2.25 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 3.09 units per person (2025)
- Domestic credit to private sector by banks 30.9% (2025)
- Net domestic credit 11.46 trillion current LCU (2025)
- Net foreign assets 3.63 trillion current LCU (2025)
Frequently asked questions
- What is bank cost to income ratio in Senegal?
- Bank cost to income ratio in Senegal was 63.4% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Senegal?
- The highest recorded value was 73.4% in 2014.
- What is the lowest bank cost to income ratio recorded in Senegal?
- The lowest recorded value was 52.5% in 2001.
- How does Senegal rank for bank cost to income ratio?
- Senegal ranks 43rd out of 169 countries with data for 2020.
- Is bank cost to income ratio rising or falling in Senegal?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.