External loans and deposits of reporting banks vis-à-vis the banking in Senegal
Senegal: External loans and deposits of reporting banks vis-à-vis the banking was 3.6% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Senegal, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Senegal recorded 3.6% for external loans and deposits of reporting banks vis-à-vis the banking in 2021.
Compared with earlier readings it is down 33.5% on the previous year and up 19.6% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Senegal peaked at 20.0% in 1999 and was at its lowest, 3.0%, in 2011.
That places Senegal 150th out of 180 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Senegal, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 18.5% | — |
| 1996 | 19.1% | +3.1% |
| 1997 | 17.9% | -6.4% |
| 1998 | 17.8% | -0.5% |
| 1999 | 20.0% | +12.4% |
| 2000 | 14.7% | -26.5% |
| 2001 | 12.8% | -12.8% |
| 2002 | 12.6% | -2.0% |
| 2003 | 9.6% | -24.0% |
| 2004 | 7.1% | -25.8% |
| 2005 | 5.7% | -19.0% |
| 2006 | 15.9% | +177.6% |
| 2007 | 11.9% | -25.3% |
| 2008 | 9.1% | -23.9% |
| 2009 | 8.9% | -2.1% |
| 2010 | 8.8% | -0.9% |
| 2011 | 3.0% | -65.7% |
| 2012 | 7.1% | +134.2% |
| 2013 | 3.3% | -52.7% |
| 2014 | 3.7% | +9.7% |
| 2015 | 5.1% | +39.6% |
| 2016 | 3.2% | -37.7% |
| 2017 | 3.8% | +18.8% |
| 2018 | 4.5% | +18.2% |
| 2019 | 4.5% | +1.1% |
| 2020 | 5.4% | +20.0% |
| 2021 | 3.6% | -33.5% |
Senegal compared with similar countries
- Senegal's 3.6% is below the median for lower middle income countries, which is 10.0%, 36% of the median. (46 countries reporting)
- Senegal's 3.6% is below the median for Sub-Saharan Africa, which is 9.6%, 37% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.7% | 17.8% | 20.0% | 5 |
| 2000s | 10.8% | 5.7% | 15.9% | 10 |
| 2010s | 4.7% | 3.0% | 8.8% | 10 |
| 2020s | 4.5% | 3.6% | 5.4% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the banking in Senegal?
- External loans and deposits of reporting banks vis-à-vis the banking in Senegal was 3.6% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Senegal?
- The highest recorded value was 20.0% in 1999.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Senegal?
- The lowest recorded value was 3.0% in 2011.
- How does Senegal rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Senegal ranks 150th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Senegal?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.