Saved at a financial institution or using a mobile money account in Senegal

Senegal: Saved at a financial institution or using a mobile money account was 58.3% in 2024. ◆ Volatile

Latest (2024)
58.3%
Change on year
up 77.3%
World rank
3rd
of 82 countries
All-time high
58.3%
in 2024
All-time low
3.7%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Senegal, 2011–2024

02040602011201720242011: 3.7 % age 15+2014: 6.6 % age 15+2017: 7.3 % age 15+2021: 32.9 % age 15+2024: 58.3 % age 15+

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

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Senegal is 58.3%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 77.3% on the previous year and up 787.4% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Senegal peaked at 58.3% in 2024 and was at its lowest, 3.7%, in 2011.

Senegal ranks 3rd of 82 countries on this measure, in the top 10%.

Saved at a financial institution or using a mobile money account in Senegal, year by year

Annual values for Saved at a financial institution or using a mobile money account (% 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 32.9% +351.2%
2024 58.3% +77.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.9% 3.7% 7.3% 3
2020s 45.6% 32.9% 58.3% 2

Countries ranked near Senegal

  1. 1 Ghana 67.2% compare
  2. 2 China 66.5% compare
  3. 4 Kenya 54.4% compare
  4. 5 Uganda 53.6% compare
  5. 6 Thailand 53.6% compare

See the full ranking of 92 places →

More reference data data for Senegal

All data for Senegal →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Senegal?
Saved at a financial institution or using a mobile money account in Senegal was 58.3% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Senegal?
The highest recorded value was 58.3% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Senegal?
The lowest recorded value was 3.7% in 2011.
How does Senegal rank for saved at a financial institution or using a mobile money account?
Senegal ranks 3rd out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Senegal?
Over the last ten years it is up 787.4%. 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 financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Senegal. Statizoid, drawing on Global Findex Database. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/senegal/

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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+)