Bank or similar financial institution account in Senegal

Senegal: Bank or similar financial institution account was 48.0% in 2024. ◆ Volatile

Latest (2024)
48.0%
Change on year
up 70.8%
World rank
77th
of 115 countries
All-time high
48.0%
in 2024
All-time low
5.8%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account in Senegal, 2011–2024

10203040502011201720242011: 5.8 % age 15+2014: 11.9 % age 15+2017: 20.4 % age 15+2021: 28.1 % age 15+2024: 48 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Senegal recorded 48.0% for bank or similar financial institution account in 2024. That is the highest value across all 5 years on record.

The figure is up 70.8% on the previous year and up 303.0% over ten years.

Over the whole period, bank or similar financial institution account in Senegal peaked at 48.0% in 2024 and was at its lowest, 5.8%, in 2011.

That places Senegal 77th out of 115 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account in Senegal, year by year

Annual values for Bank or similar financial institution account (% age 15+) in Senegal, 2011 to 2024.
Year % age 15+ Change
2011 5.8%
2014 11.9% +104.8%
2017 20.4% +70.8%
2021 28.1% +38.2%
2024 48.0% +70.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 12.7% 5.8% 20.4% 3
2020s 38.1% 28.1% 48.0% 2

Countries ranked near Senegal

  1. 74 Indonesia 52.4% compare
  2. 75 Mexico 52.4% compare
  3. 76 Peru 49.8% compare
  4. 78 Albania 46.1% compare
  5. 79 Kenya 45.4% compare
  6. 80 Colombia 43.4% compare

See the full ranking of 127 places →

More reference data data for Senegal

All data for Senegal →

Frequently asked questions

What is bank or similar financial institution account in Senegal?
Bank or similar financial institution account in Senegal was 48.0% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Senegal?
The highest recorded value was 48.0% in 2024.
What is the lowest bank or similar financial institution account recorded in Senegal?
The lowest recorded value was 5.8% in 2011.
How does Senegal rank for bank or similar financial institution account?
Senegal ranks 77th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Senegal?
Over the last ten years it is up 303.0%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account in Senegal. Statizoid, drawing on Global Findex Database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/senegal/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/senegal/">Bank or similar financial institution account in Senegal</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)