Senegal—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #28 of 117Updated April 2026
Latest Value
34.7%
2024
YoY Change
+80.2%
2014 → 2024
Global Rank
#28
of 117 countries
Maximum
34.7%
2024
Minimum
19.2%
2014
CAGR
+3.4%
3 years
Last
34.7%
Previous
19.2%
Highest
34.7%
Lowest
19.2%
Source
World Bank World Development Indicators
Senegal's firms using banks to finance investment (%) was 34.7% in 2024, ranking #28 out of 117 countries. This represents a +80.2% change from 2014. Over the past 3 years, the highest recorded value was 34.7% (2024) and the lowest was 19.2% (2014). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 34.7% | +80.2% |
| 2014 | 19.2% | -2.8% |
| 2007 | 19.8% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.