Bank branches — all countries

Bank branches — Senegal

Bank branches in Senegal in 2024 — 5.27 per 100k. Ranked 122 in the world out of 153. Since 2004, the indicator has risen by 170%.

2024 5.27 per 100k −0.7% vs 2023
World rank 122of 153
Period maximum 5.59 per 100k2017
Period minimum 1.95 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Senegal, 2004–20240246200420062008201020122014201620182020202220242004: 1.95 per 100k2005: 2.48 per 100k2006: 2.89 per 100k2007: 3.07 per 100k2008: 3.74 per 100k2009: 3.93 per 100k2010: 4.2 per 100k2011: 4.51 per 100k2012: 4.75 per 100k2013: 4.66 per 100k2014: 4.69 per 100k2015: 4.99 per 100k2016: 5.01 per 100k2017: 5.59 per 100k2018: 5.42 per 100k2019: 5.01 per 100k2020: 5.01 per 100k2021: 5.36 per 100k2022: 5.21 per 100k2023: 5.31 per 100k2024: 5.27 per 100k
Change over the period: +3.32 (+169.99%) Average annual rate: 5.09 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Senegal

Senegal 5.27 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Lower-middle-income countries computed 11.99 per 100k
Bank branches — Senegal, by year Senegal All countries CSV XLSX
Year per 100k Change Change, %
2024 5.27 −0.04 −0.7%
2023 5.31 +0.1 +1.99%
2022 5.21 −0.15 −2.88%
2021 5.36 +0.35 +6.96%
2020 5.01 −0 −0.08%
2019 5.01 −0.41 −7.48%
2018 5.42 −0.17 −3.07%
2017 5.59 +0.58 +11.65%
2016 5.01 +0.01 +0.3%
2015 4.99 +0.31 +6.53%
2014 4.69 +0.03 +0.65%
2013 4.66 −0.09 −1.88%
2012 4.75 +0.24 +5.23%
2011 4.51 +0.31 +7.47%
2010 4.2 +0.27 +6.78%
2009 3.93 +0.19 +5.19%
2008 3.74 +0.66 +21.64%
2007 3.07 +0.18 +6.29%
2006 2.89 +0.41 +16.52%
2005 2.48 +0.53 +27.02%
2004 1.95

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.