Bank deposits as a share of GDP fell 5.15% to 29.3% in Senegal in 2015, according to the National Central Bank.
Historically, bank deposits as a share of GDP in Senegal reached an all time high of 30.9% in 2014 and an all time low of 22.0% in 2011. When compared to Senegal's main peers, bank deposits as a share of GDP in Gambia amounted to 27.7%, 19.5% in Guinea, 31.4% in Mali and 29.6% in Mauritania in 2015.
Senegal has been ranked 110th within the group of 137 countries we follow in terms of bank deposits as a share of GDP, 35 places below the position seen 10 years ago.
Bank Deposits (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 49.5% | 44.3% | 47.5% | 48.2% | ... | ... | ... | ||||||||||||||
Burkina Faso | % | ... | ... | ... | ... | 39.8% | ... | ... | ... | ... | ... | ... | ||||||||||
Gambia | % | ... | ... | ... | ... | 27.7% | 28.8% | 32.0% | 33.8% | 38.6% | ... | ... | ||||||||||
Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.5% | 18.0% | 16.8% | 16.6% | 17.7% | ||||
Guinea Bissau | % | ... | ... | ... | ... | 19.2% | ... | ... | ... | ... | ... | ... | ||||||||||
Liberia | % | ... | ... | ... | ... | 30.7% | ... | ... | ... | 2,043% | ... | ... | ||||||||||
Mali | % | ... | ... | ... | ... | 31.4% | ... | ... | ... | ... | ... | ... | ||||||||||
Mauritania | % | ... | ... | ... | ... | 29.6% | ... | ... | ... | ... | ... | ... | ||||||||||
Morocco | % | ... | ... | ... | 83.2% | ... | ... | ... | ... | ... | ... | |||||||||||
Niger | % | ... | ... | ... | ... | 18.6% | ... | ... | ... | ... | ... | ... | ||||||||||
Senegal | % | ... | ... | ... | ... | 29.3% | ... | ... | ... | ... | ... | ... | ||||||||||
Sierra Leone | % | ... | ... | ... | ... | 24.7% | ... | ... | ... | ... | ... | ... |