Financial and insurance activities (banking), value added in Senegal
Senegal: Financial and insurance activities (banking), value added was 165.55 billion current LCU in 2007. ◆ Volatile
Financial and insurance activities (banking), value added in Senegal, 1980–2007
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Senegal is 165.55 billion current LCU, measured in 2007. That is the highest value across all 28 years on record.
The figure is up 9.2% on the previous year and up 120.7% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Senegal peaked at 165.55 billion current LCU in 2007 and was at its lowest, 13.00 billion current LCU, in 1980.
That places Senegal 6th out of 36 countries with data for 2007, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Senegal, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 13.00 billion current LCU | — |
| 1981 | 17.00 billion current LCU | +30.8% |
| 1982 | 18.00 billion current LCU | +5.9% |
| 1983 | 22.00 billion current LCU | +22.2% |
| 1984 | 23.00 billion current LCU | +4.5% |
| 1985 | 30.00 billion current LCU | +30.4% |
| 1986 | 33.00 billion current LCU | +10.0% |
| 1987 | 35.00 billion current LCU | +6.1% |
| 1988 | 38.00 billion current LCU | +8.6% |
| 1989 | 44.00 billion current LCU | +15.8% |
| 1990 | 36.00 billion current LCU | -18.2% |
| 1991 | 39.00 billion current LCU | +8.3% |
| 1992 | 40.00 billion current LCU | +2.6% |
| 1993 | 41.00 billion current LCU | +2.5% |
| 1994 | 54.00 billion current LCU | +31.7% |
| 1995 | 63.00 billion current LCU | +16.7% |
| 1996 | 67.00 billion current LCU | +6.3% |
| 1997 | 75.00 billion current LCU | +11.9% |
| 1998 | 78.00 billion current LCU | +4.0% |
| 1999 | 71.00 billion current LCU | -9.0% |
| 2000 | 79.00 billion current LCU | +11.3% |
| 2001 | 93.00 billion current LCU | +17.7% |
| 2002 | 100.00 billion current LCU | +7.5% |
| 2003 | 110.00 billion current LCU | +10.0% |
| 2004 | 126.00 billion current LCU | +14.5% |
| 2005 | 137.75 billion current LCU | +9.3% |
| 2006 | 151.62 billion current LCU | +10.1% |
| 2007 | 165.55 billion current LCU | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.30 billion current LCU | 13.00 billion current LCU | 44.00 billion current LCU | 10 |
| 1990s | 56.40 billion current LCU | 36.00 billion current LCU | 78.00 billion current LCU | 10 |
| 2000s | 120.36 billion current LCU | 79.00 billion current LCU | 165.55 billion current LCU | 8 |
Countries ranked near Senegal
More economy & growth data for Senegal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- GDP (current US$), annual growth rate 15.03 % change on previous year (2025)
- GDP (current US$), per capita 1,955 current US$ per person (2025)
- GDP (current LCU), annual growth rate 10.4 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 581.93 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.14 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 6.68 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8095 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,582 constant 2015 US$ per person (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Senegal?
- Financial and insurance activities (banking), value added in Senegal was 165.55 billion current LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Senegal?
- The highest recorded value was 165.55 billion current LCU in 2007.
- What is the lowest financial and insurance activities (banking), value added recorded in Senegal?
- The lowest recorded value was 13.00 billion current LCU in 1980.
- How does Senegal rank for financial and insurance activities (banking), value added?
- Senegal ranks 6th out of 36 countries with data for 2007.
- Is financial and insurance activities (banking), value added rising or falling in Senegal?
- Over the last ten years it is up 120.7%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current local currency.