Senegal: Financial development

The latest value from 2021 is 0.119 index points, an increase from 0.115 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Senegal from 1980 to 2021 is 0.089 index points. The minimum value, 0.063 index points, was reached in 1991 while the maximum of 0.119 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.