Senegal vs Sub-Saharan Africa (excluding high income): Saved at a financial institution or using a mobile money account

Senegal
58.3%
in 2024
Sub-Saharan Africa (excluding high income)
34.7%
in 2024
Senegal rank
3rd
Sub-Saharan Africa (excluding high income) rank
4th

Saved at a financial institution or using a mobile money account over time

  • Senegal
  • Sub-Saharan Africa (excluding high income)
0204060201120172024

How they compare

Senegal currently reports 58.3% against 34.7% in Sub-Saharan Africa (excluding high income), a difference of 23.6%.

That makes Senegal's figure about 1.7 times Sub-Saharan Africa (excluding high income)'s.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Sub-Saharan Africa (excluding high income) ahead.

Senegal ranks 3rd and Sub-Saharan Africa (excluding high income) ranks 4th of 82 countries.

Across the 2 decades both report, Senegal averaged higher in 1 and Sub-Saharan Africa (excluding high income) in 1.

Head to head by decade

Decade Senegal Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 5.9% 14.9% 9.0% Sub-Saharan Africa (excluding high income)
2020s 45.6% 28.8% 16.8% Senegal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher saved at a financial institution or using a mobile money account, Senegal or Sub-Saharan Africa (excluding high income)?
Senegal, at 58.3% against 34.7% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in saved at a financial institution or using a mobile money account between Senegal and Sub-Saharan Africa (excluding high income)?
23.6%, with Senegal ahead.
How many years of comparable data are there for Senegal and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Senegal and Sub-Saharan Africa (excluding high income) rank globally for saved at a financial institution or using a mobile money account?
Senegal ranks 3rd and Sub-Saharan Africa (excluding high income) ranks 4th of 82 countries.
Where does this data come from?
Global Findex Database, published as Saved at a financial institution or using a mobile money account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Senegal vs Sub-Saharan Africa (excluding high income): Saved at a financial institution or using a mobile money account. Statizoid, drawing on Global Findex Database. Retrieved 12 September 2026, from https://reference.statizoid.com/compare/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/senegal/sub-saharan-africa-excluding-high-income/

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<a href="https://reference.statizoid.com/compare/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/senegal/sub-saharan-africa-excluding-high-income/">Senegal vs Sub-Saharan Africa (excluding high income): Saved at a financial institution or using a mobile money account</a> — Statizoid

About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)