Depositors with commercial banks in Senegal
Senegal: Depositors with commercial banks was 243.54 per 1,000 adults in 2024. ▲ Rising
Depositors with commercial banks in Senegal, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, depositors with commercial banks in Senegal stood at 243.54 per 1,000 adults.
The figure is up 2.1% on the previous year and up 46.9% over ten years.
Over the whole period, depositors with commercial banks in Senegal peaked at 250.22 per 1,000 adults in 2022 and was at its lowest, 77.55 per 1,000 adults, in 2005.
Senegal ranks 82nd of 104 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Depositors with commercial banks in Senegal, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 81.64 per 1,000 adults | — |
| 2005 | 77.55 per 1,000 adults | -5.0% |
| 2006 | 84.94 per 1,000 adults | +9.5% |
| 2007 | 90.47 per 1,000 adults | +6.5% |
| 2008 | 105.9 per 1,000 adults | +17.1% |
| 2009 | 93.96 per 1,000 adults | -11.3% |
| 2010 | 103.12 per 1,000 adults | +9.8% |
| 2011 | 134.19 per 1,000 adults | +30.1% |
| 2012 | 133.81 per 1,000 adults | -0.3% |
| 2013 | 151.71 per 1,000 adults | +13.4% |
| 2014 | 165.83 per 1,000 adults | +9.3% |
| 2015 | 161.96 per 1,000 adults | -2.3% |
| 2016 | 183.45 per 1,000 adults | +13.3% |
| 2017 | 187.42 per 1,000 adults | +2.2% |
| 2018 | 194.71 per 1,000 adults | +3.9% |
| 2019 | 213.81 per 1,000 adults | +9.8% |
| 2020 | 225.93 per 1,000 adults | +5.7% |
| 2021 | 234.82 per 1,000 adults | +3.9% |
| 2022 | 250.22 per 1,000 adults | +6.6% |
| 2023 | 238.43 per 1,000 adults | -4.7% |
| 2024 | 243.54 per 1,000 adults | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 89.08 per 1,000 adults | 77.55 per 1,000 adults | 105.9 per 1,000 adults | 6 |
| 2010s | 163 per 1,000 adults | 103.12 per 1,000 adults | 213.81 per 1,000 adults | 10 |
| 2020s | 238.59 per 1,000 adults | 225.93 per 1,000 adults | 250.22 per 1,000 adults | 5 |
Countries ranked near Senegal
- 79 Haiti 257.05 per 1,000 adults compare
- 80 Zambia 246.28 per 1,000 adults compare
- 81 Equatorial Guinea 245.18 per 1,000 adults compare
- 83 Burkina Faso 234.52 per 1,000 adults compare
- 84 Syrian Arab Republic 213.79 per 1,000 adults compare
- 85 Afghanistan 199.74 per 1,000 adults 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)
- 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 depositors with commercial banks in Senegal?
- Depositors with commercial banks in Senegal was 243.54 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Senegal?
- The highest recorded value was 250.22 per 1,000 adults in 2022.
- What is the lowest depositors with commercial banks recorded in Senegal?
- The lowest recorded value was 77.55 per 1,000 adults in 2005.
- How does Senegal rank for depositors with commercial banks?
- Senegal ranks 82nd out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Senegal?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.