Senegal: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 Senegal

Financial institutions development, efficiency

 Latest value 0.511
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.432
 Min - Max 0.305 - 0.563
 Source International Monetary Fund
 Available for Data download
The latest value from 2021 is 0.511 index points, an increase from 0.461 index points in 2020. In comparison, the world average is 0.585 index points, based on data from 178 countries. Historically, the average for Senegal from 1980 to 2021 is 0.432 index points. The minimum value, 0.305 index points, was reached in 1991 while the maximum of 0.563 index points was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Senegal: Financial institutions development, efficiency
 2021 0.511
 2020 0.461
 2019 0.474
 2018 0.485
 2017 0.459
 2016 0.429
 2015 0.380
 2014 0.355




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.119 2021 index points
 Financial institutions development 0.222 2021 index points
 Financial institutions development, depth 0.103 2021 index points
 Financial institutions development, access 0.090 2021 index points
 Financial institutions development, efficiency 0.511 2021 index points
 Financial markets development 0.012 2021 index points
 Financial markets development, depth 0.030 2021 index points
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