Financial Institutions Depth Index in Senegal
Senegal: Financial Institutions Depth Index was 0.0972 in 2020. ▲ Rising
Financial Institutions Depth Index in Senegal, 1980–2020
Source: International Monetary Fund.
Analysis
Senegal recorded 0.0972 for financial institutions depth index in 2020.
The figure is down 1.5% on the previous year and up 30.6% over ten years.
Over the whole period, financial institutions depth index in Senegal peaked at 0.0987 in 2019 and was at its lowest, 0.0466, in 1998.
Senegal ranks 128th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0941 | — |
| 1981 | 0.0971 | +3.2% |
| 1982 | 0.0899 | -7.4% |
| 1983 | 0.0901 | +0.2% |
| 1984 | 0.0818 | -9.2% |
| 1985 | 0.077 | -5.8% |
| 1986 | 0.0698 | -9.4% |
| 1987 | 0.0688 | -1.3% |
| 1988 | 0.0755 | +9.6% |
| 1989 | 0.0732 | -3.0% |
| 1990 | 0.0685 | -6.4% |
| 1991 | 0.0649 | -5.2% |
| 1992 | 0.0682 | +5.1% |
| 1993 | 0.0685 | +0.5% |
| 1994 | 0.0534 | -22.1% |
| 1995 | 0.048 | -10.2% |
| 1996 | 0.0521 | +8.6% |
| 1997 | 0.0516 | -1.0% |
| 1998 | 0.0466 | -9.6% |
| 1999 | 0.0554 | +18.9% |
| 2000 | 0.0576 | +4.0% |
| 2001 | 0.0517 | -10.3% |
| 2002 | 0.0564 | +9.0% |
| 2003 | 0.0584 | +3.6% |
| 2004 | 0.0619 | +5.9% |
| 2005 | 0.0645 | +4.2% |
| 2006 | 0.0639 | -0.9% |
| 2007 | 0.0641 | +0.4% |
| 2008 | 0.0694 | +8.3% |
| 2009 | 0.0702 | +1.1% |
| 2010 | 0.0744 | +6.0% |
| 2011 | 0.0796 | +6.9% |
| 2012 | 0.0781 | -1.9% |
| 2013 | 0.0814 | +4.2% |
| 2014 | 0.0838 | +2.9% |
| 2015 | 0.0881 | +5.2% |
| 2016 | 0.0921 | +4.6% |
| 2017 | 0.0984 | +6.8% |
| 2018 | 0.0973 | -1.1% |
| 2019 | 0.0987 | +1.4% |
| 2020 | 0.0972 | -1.5% |
Senegal compared with similar countries
- Senegal's 0.0972 is above the median for lower middle income countries, which is 0.0823, 1.2× the median. (45 countries reporting)
- Senegal's 0.0972 is above the median for Sub-Saharan Africa, which is 0.0655, 1.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0817 | 0.0688 | 0.0971 | 10 |
| 1990s | 0.0577 | 0.0466 | 0.0685 | 10 |
| 2000s | 0.0618 | 0.0517 | 0.0702 | 10 |
| 2010s | 0.0872 | 0.0744 | 0.0987 | 10 |
| 2020s | 0.0972 | 0.0972 | 0.0972 | 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 financial institutions depth index in Senegal?
- Financial institutions depth index in Senegal was 0.0972 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Senegal?
- The highest recorded value was 0.0987 in 2019.
- What is the lowest financial institutions depth index recorded in Senegal?
- The lowest recorded value was 0.0466 in 1998.
- How does Senegal rank for financial institutions depth index?
- Senegal ranks 128th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Senegal?
- Over the last ten years it is up 30.6%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.