Number of Household Sector Depositors with Commercial Banks per 1,000 in Senegal

Senegal: Number of Household Sector Depositors with Commercial Banks per 1,000 was 220.69 in 2024. ▲ Rising

Latest (2024)
220.69
Change on year
up 1.2%
World rank
59th
of 72 countries
All-time high
231.03
in 2022
All-time low
68.1
in 2004
Years of data
21
2004–2024

Number of Household Sector Depositors with Commercial Banks per 1,000 in Senegal, 2004–2024

501001502002502004201420242004: 68.12005: 68.52006: 72.62007: 812008: 932009: 80.62010: 92.32011: 122.12012: 120.92013: 136.32014: 1492015: 148.82016: 171.92017: 169.32018: 174.32019: 192.32020: 203.62021: 217.92022: 2312023: 218.22024: 220.7

Source: International Monetary Fund.

Analysis

Senegal recorded 220.69 for number of household sector depositors with commercial banks per 1,000 in 2024.

Compared with earlier readings it is up 1.2% on the previous year and up 48.1% over ten years.

Over the whole period, number of household sector depositors with commercial banks per 1,000 in Senegal peaked at 231.03 in 2022 and was at its lowest, 68.1, in 2004.

That places Senegal 59th out of 72 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Number of Household Sector Depositors with Commercial Banks per 1,000 in Senegal, year by year

Annual values for Number of Household Sector Depositors with Commercial Banks per 1,000 Adults in Senegal, 2004 to 2024.
Year Value Change
2004 68.1
2005 68.53 +0.6%
2006 72.62 +6.0%
2007 80.98 +11.5%
2008 92.96 +14.8%
2009 80.6 -13.3%
2010 92.34 +14.6%
2011 122.12 +32.2%
2012 120.93 -1.0%
2013 136.32 +12.7%
2014 148.99 +9.3%
2015 148.84 -0.1%
2016 171.89 +15.5%
2017 169.28 -1.5%
2018 174.25 +2.9%
2019 192.3 +10.4%
2020 203.63 +5.9%
2021 217.9 +7.0%
2022 231.03 +6.0%
2023 218.15 -5.6%
2024 220.69 +1.2%

Senegal compared with similar countries

  • Senegal's 220.69 is below the median for lower middle income countries, which is 421.45, 52% of the median. (19 countries reporting)
  • Senegal's 220.69 is below the median for Sub-Saharan Africa, which is 221.01, 100% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 77.3 68.1 92.96 6
2010s 147.73 92.34 192.3 10
2020s 218.28 203.63 231.03 5

Countries ranked near Senegal

  1. 56 Benin 254.82 compare
  2. 57 Equatorial Guinea 233.65 compare
  3. 58 Burkina Faso 221.32 compare
  4. 60 Togo 178.35 compare
  5. 61 Comoros 166.55 compare
  6. 62 Mali 159.49 compare

See the full ranking of 72 places →

More financial sector data for Senegal

All data for Senegal →

Frequently asked questions

What is number of household sector depositors with commercial banks per 1,000 in Senegal?
Number of household sector depositors with commercial banks per 1,000 in Senegal was 220.69 in 2024, according to International Monetary Fund.
What is the highest number of household sector depositors with commercial banks per 1,000 recorded in Senegal?
The highest recorded value was 231.03 in 2022.
What is the lowest number of household sector depositors with commercial banks per 1,000 recorded in Senegal?
The lowest recorded value was 68.1 in 2004.
How does Senegal rank for number of household sector depositors with commercial banks per 1,000?
Senegal ranks 59th out of 72 countries with data for 2024.
Is number of household sector depositors with commercial banks per 1,000 rising or falling in Senegal?
Over the last ten years it is up 48.1%. 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 Number of Household Sector Depositors with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.

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Number of Household Sector Depositors with Commercial Banks per 1,000 in Senegal. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-household-sector-depositors-with-commercial-banks-per-1-000-adults/senegal/

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About this data

Indicator
Number of Household Sector Depositors with Commercial Banks per 1,000 Adults
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
72 places, 1,009 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.