Bank credit to bank deposits in Senegal
Senegal: Bank credit to bank deposits was 82.6% in 2021. ▼ Falling
Bank credit to bank deposits in Senegal, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Senegal recorded 82.6% for bank credit to bank deposits in 2021.
That represents a change of down 2.9% on the previous year and down 10.5% over ten years.
Over the whole period, bank credit to bank deposits in Senegal peaked at 263.5% in 1964 and was at its lowest, 78.6%, in 2004.
That places Senegal 76th out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Bank credit to bank deposits in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 252.5% | — |
| 1961 | 231.3% | -8.4% |
| 1962 | 212.1% | -8.3% |
| 1963 | 232.4% | +9.6% |
| 1964 | 263.5% | +13.4% |
| 1965 | 256.4% | -2.7% |
| 1966 | 221.8% | -13.5% |
| 1967 | 188.7% | -14.9% |
| 1968 | 200.7% | +6.4% |
| 1969 | 206.3% | +2.8% |
| 1970 | 182.5% | -11.5% |
| 1971 | 191.1% | +4.7% |
| 1972 | 186.0% | -2.6% |
| 1973 | 201.3% | +8.2% |
| 1974 | 191.6% | -4.8% |
| 1975 | 197.5% | +3.1% |
| 1976 | 156.5% | -20.8% |
| 1977 | 161.8% | +3.4% |
| 1978 | 178.5% | +10.3% |
| 1979 | 201.9% | +13.1% |
| 1980 | 220.4% | +9.1% |
| 1981 | 232.5% | +5.5% |
| 1982 | 205.6% | -11.6% |
| 1983 | 193.1% | -6.1% |
| 1984 | 181.5% | -6.0% |
| 1985 | 187.8% | +3.5% |
| 1986 | 174.1% | -7.3% |
| 1987 | 176.0% | +1.1% |
| 1988 | 182.3% | +3.6% |
| 1989 | 168.1% | -7.8% |
| 1990 | 163.0% | -3.0% |
| 1991 | 146.3% | -10.2% |
| 1992 | 152.3% | +4.0% |
| 1993 | 176.6% | +16.0% |
| 1994 | 110.5% | -37.5% |
| 1995 | 103.2% | -6.6% |
| 1996 | 99.1% | -4.0% |
| 1997 | 98.7% | -0.4% |
| 1998 | 93.6% | -5.2% |
| 1999 | 91.3% | -2.4% |
| 2000 | 101.1% | +10.7% |
| 2001 | 96.0% | -5.0% |
| 2002 | 88.3% | -8.0% |
| 2003 | 84.2% | -4.6% |
| 2004 | 78.6% | -6.6% |
| 2005 | 91.3% | +16.0% |
| 2006 | 86.6% | -5.2% |
| 2007 | 83.7% | -3.3% |
| 2008 | 94.6% | +13.0% |
| 2009 | 86.3% | -8.7% |
| 2010 | 83.1% | -3.7% |
| 2011 | 92.3% | +11.0% |
| 2012 | 93.1% | +0.9% |
| 2013 | 96.6% | +3.8% |
| 2014 | 91.9% | -4.9% |
| 2015 | 87.7% | -4.6% |
| 2016 | 95.3% | +8.8% |
| 2017 | 101.2% | +6.1% |
| 2018 | 93.2% | -7.8% |
| 2019 | 92.2% | -1.1% |
| 2020 | 85.1% | -7.8% |
| 2021 | 82.6% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 226.6% | 188.7% | 263.5% | 10 |
| 1970s | 184.9% | 156.5% | 201.9% | 10 |
| 1980s | 192.1% | 168.1% | 232.5% | 10 |
| 1990s | 123.4% | 91.3% | 176.6% | 10 |
| 2000s | 89.1% | 78.6% | 101.1% | 10 |
| 2010s | 92.7% | 83.1% | 101.2% | 10 |
| 2020s | 83.8% | 82.6% | 85.1% | 2 |
Countries ranked near Senegal
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)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 2.25 units per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Senegal?
- Bank credit to bank deposits in Senegal was 82.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Senegal?
- The highest recorded value was 263.5% in 1964.
- What is the lowest bank credit to bank deposits recorded in Senegal?
- The lowest recorded value was 78.6% in 2004.
- How does Senegal rank for bank credit to bank deposits?
- Senegal ranks 76th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Senegal?
- Over the last ten years it is down 10.5%. The long-run trend across the full record is falling.
- Where does this Senegal data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).