Saved at a bank or similar financial institution in Senegal

Senegal: Saved at a bank or similar financial institution was 24.1% in 2024. ◆ Volatile

Latest (2024)
24.1%
Change on year
up 174.6%
World rank
24th
of 80 countries
All-time high
24.1%
in 2024
All-time low
3.7%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Senegal, 2011–2024

5101520252011201720242011: 3.7 % age 15+2014: 6.6 % age 15+2017: 7.3 % age 15+2021: 8.8 % age 15+2024: 24.1 % age 15+

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

Analysis

Senegal recorded 24.1% for saved at a bank or similar financial institution in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 174.6% on the previous year and up 267.5% over ten years.

Over the whole period, saved at a bank or similar financial institution in Senegal peaked at 24.1% in 2024 and was at its lowest, 3.7%, in 2011.

Senegal ranks 24th of 80 countries on this measure, in the middle of the range.

Saved at a bank or similar financial institution in Senegal, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Senegal, 2011 to 2024.
Year % age 15+ Change
2011 3.7%
2014 6.6% +76.8%
2017 7.3% +10.9%
2021 8.8% +20.6%
2024 24.1% +174.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.9% 3.7% 7.3% 3
2020s 16.5% 8.8% 24.1% 2

Countries ranked near Senegal

  1. 21 Serbia 26.4% compare
  2. 22 Ghana 25.9% compare
  3. 23 Romania 25.9% compare
  4. 25 Bosnia and Herzegovina 24.1% compare
  5. 26 India 23.8% compare
  6. 27 Sri Lanka 23.2% compare

See the full ranking of 90 places →

More reference data data for Senegal

All data for Senegal →

Frequently asked questions

What is saved at a bank or similar financial institution in Senegal?
Saved at a bank or similar financial institution in Senegal was 24.1% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Senegal?
The highest recorded value was 24.1% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Senegal?
The lowest recorded value was 3.7% in 2011.
How does Senegal rank for saved at a bank or similar financial institution?
Senegal ranks 24th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Senegal?
Over the last ten years it is up 267.5%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 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 in the past year, (% age 15+)