Financial and insurance activities (banking), value added in Senegal
Senegal: Financial and insurance activities (banking), value added was 345.43 million current US$ 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 US$.
Analysis
Senegal recorded 345.43 million current US$ for financial and insurance activities (banking), value added in 2007. That is the highest value across all 28 years on record.
The figure is up 19.1% on the previous year and up 168.8% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Senegal peaked at 345.43 million current US$ in 2007 and was at its lowest, 52.64 million current US$, in 1984.
Senegal ranks 12th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Senegal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 61.53 million current US$ | — |
| 1981 | 62.56 million current US$ | +1.7% |
| 1982 | 54.78 million current US$ | -12.4% |
| 1983 | 57.73 million current US$ | +5.4% |
| 1984 | 52.64 million current US$ | -8.8% |
| 1985 | 66.78 million current US$ | +26.9% |
| 1986 | 95.29 million current US$ | +42.7% |
| 1987 | 116.46 million current US$ | +22.2% |
| 1988 | 127.58 million current US$ | +9.6% |
| 1989 | 137.93 million current US$ | +8.1% |
| 1990 | 132.22 million current US$ | -4.1% |
| 1991 | 138.25 million current US$ | +4.6% |
| 1992 | 151.12 million current US$ | +9.3% |
| 1993 | 144.79 million current US$ | -4.2% |
| 1994 | 97.26 million current US$ | -32.8% |
| 1995 | 126.22 million current US$ | +29.8% |
| 1996 | 130.97 million current US$ | +3.8% |
| 1997 | 128.50 million current US$ | -1.9% |
| 1998 | 132.21 million current US$ | +2.9% |
| 1999 | 115.32 million current US$ | -12.8% |
| 2000 | 110.96 million current US$ | -3.8% |
| 2001 | 126.87 million current US$ | +14.3% |
| 2002 | 143.47 million current US$ | +13.1% |
| 2003 | 189.26 million current US$ | +31.9% |
| 2004 | 238.51 million current US$ | +26.0% |
| 2005 | 261.15 million current US$ | +9.5% |
| 2006 | 289.97 million current US$ | +11.0% |
| 2007 | 345.43 million current US$ | +19.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 83.33 million current US$ | 52.64 million current US$ | 137.93 million current US$ | 10 |
| 1990s | 129.69 million current US$ | 97.26 million current US$ | 151.12 million current US$ | 10 |
| 2000s | 213.20 million current US$ | 110.96 million current US$ | 345.43 million current US$ | 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)
- Net primary income (Net income from abroad) (current LCU), annual -31 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 20.16 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1044 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 204.02 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 15.32 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 60.74 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 118,726 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (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 345.43 million current US$ 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 345.43 million current US$ in 2007.
- What is the lowest financial and insurance activities (banking), value added recorded in Senegal?
- The lowest recorded value was 52.64 million current US$ in 1984.
- How does Senegal rank for financial and insurance activities (banking), value added?
- Senegal ranks 12th out of 37 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 168.8%. 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 US$). 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 U.S. dollars.