Number of Depositors, Commercial Banks, of Which: Household Sector in Senegal
Senegal: Number of Depositors, Commercial Banks, of Which: Household Sector was 2.52 million in 2024. ◆ Volatile
Number of Depositors, Commercial Banks, of Which: Household Sector in Senegal, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, number of depositors, commercial banks, of which: household sector in Senegal stood at 2.52 million. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 108.4% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Senegal peaked at 2.52 million in 2024 and was at its lowest, 425,475, in 2004.
That places Senegal 38th out of 72 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Depositors, Commercial Banks, of Which: Household Sector in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 425,475 | — |
| 2005 | 439,336 | +3.3% |
| 2006 | 477,454 | +8.7% |
| 2007 | 545,689 | +14.3% |
| 2008 | 641,923 | +17.6% |
| 2009 | 570,077 | -11.2% |
| 2010 | 668,886 | +17.3% |
| 2011 | 907,037 | +35.6% |
| 2012 | 922,330 | +1.7% |
| 2013 | 1.07 million | +16.2% |
| 2014 | 1.21 million | +13.0% |
| 2015 | 1.25 million | +3.4% |
| 2016 | 1.50 million | +19.5% |
| 2017 | 1.53 million | +2.0% |
| 2018 | 1.63 million | +6.6% |
| 2019 | 1.86 million | +14.3% |
| 2020 | 2.04 million | +9.7% |
| 2021 | 2.26 million | +10.8% |
| 2022 | 2.48 million | +9.8% |
| 2023 | 2.42 million | -2.4% |
| 2024 | 2.52 million | +4.3% |
Senegal compared with similar countries
- Senegal's 2.52 million is above the median for lower middle income countries, which is 2.15 million, 1.2× the median. (19 countries reporting)
- Senegal's 2.52 million is above the median for Sub-Saharan Africa, which is 970,883, 2.6× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 516,659 | 425,475 | 641,923 | 6 |
| 2010s | 1.25 million | 668,886 | 1.86 million | 10 |
| 2020s | 2.35 million | 2.04 million | 2.52 million | 5 |
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 number of depositors, commercial banks, of which: household sector in Senegal?
- Number of depositors, commercial banks, of which: household sector in Senegal was 2.52 million in 2024, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Senegal?
- The highest recorded value was 2.52 million in 2024.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Senegal?
- The lowest recorded value was 425,475 in 2004.
- How does Senegal rank for number of depositors, commercial banks, of which: household sector?
- Senegal ranks 38th out of 72 countries with data for 2024.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Senegal?
- Over the last ten years it is up 108.4%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Number of Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.