Number of Household Sector Borrowers at All Microfinance Institutions in Senegal

Senegal: Number of Household Sector Borrowers at All Microfinance Institutions was 50.29 in 2024. ▲ Rising

Latest (2024)
50.29
Change on year
down 17.4%
World rank
28th
of 60 countries
All-time high
82.41
in 2017
All-time low
28.54
in 2004
Years of data
21
2004–2024

Number of Household Sector Borrowers at All Microfinance Institutions in Senegal, 2004–2024

204060802004201420242004: 28.52005: 332006: 30.32007: 35.12008: 40.42009: 35.82010: 48.22011: 54.62012: 55.52013: 61.12014: 81.32015: 66.22016: 64.22017: 82.42018: 712019: 50.12020: 46.72021: 43.92022: 45.32023: 60.92024: 50.3

Source: International Monetary Fund.

Analysis

In 2024, number of household sector borrowers at all microfinance institutions in Senegal stood at 50.29.

That represents a change of down 17.4% on the previous year and down 38.1% over ten years.

Over the whole period, number of household sector borrowers at all microfinance institutions in Senegal peaked at 82.41 in 2017 and was at its lowest, 28.54, in 2004.

Senegal ranks 28th of 60 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Number of Household Sector Borrowers at All Microfinance Institutions in Senegal, year by year

Annual values for Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults in Senegal, 2004 to 2024.
Year Value Change
2004 28.54
2005 32.97 +15.5%
2006 30.26 -8.2%
2007 35.06 +15.8%
2008 40.44 +15.4%
2009 35.76 -11.6%
2010 48.2 +34.8%
2011 54.56 +13.2%
2012 55.47 +1.7%
2013 61.11 +10.2%
2014 81.28 +33.0%
2015 66.23 -18.5%
2016 64.18 -3.1%
2017 82.41 +28.4%
2018 71 -13.9%
2019 50.09 -29.5%
2020 46.69 -6.8%
2021 43.89 -6.0%
2022 45.29 +3.2%
2023 60.87 +34.4%
2024 50.29 -17.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.84 28.54 40.44 6
2010s 63.45 48.2 82.41 10
2020s 49.41 43.89 60.87 5

Countries ranked near Senegal

  1. 25 Zambia 55.89 compare
  2. 26 Montenegro 55.72 compare
  3. 27 Egypt 50.65 compare
  4. 29 Jordan 49.36 compare
  5. 30 India 39.16 compare
  6. 31 Guinea 36.6 compare

See the full ranking of 60 places →

More gender data for Senegal

All data for Senegal →

Frequently asked questions

What is number of household sector borrowers at all microfinance institutions in Senegal?
Number of household sector borrowers at all microfinance institutions in Senegal was 50.29 in 2024, according to International Monetary Fund.
What is the highest number of household sector borrowers at all microfinance institutions recorded in Senegal?
The highest recorded value was 82.41 in 2017.
What is the lowest number of household sector borrowers at all microfinance institutions recorded in Senegal?
The lowest recorded value was 28.54 in 2004.
How does Senegal rank for number of household sector borrowers at all microfinance institutions?
Senegal ranks 28th out of 60 countries with data for 2024.
Is number of household sector borrowers at all microfinance institutions rising or falling in Senegal?
Over the last ten years it is down 38.1%. The long-run trend across the full record is rising.
Where does this Senegal data come from?
The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.

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Number of Household Sector Borrowers at All Microfinance Institutions in Senegal. Statizoid, drawing on International Monetary Fund. Retrieved 11 September 2026, from https://gender.statizoid.com/stat/number-of-household-sector-borrowers-at-all-microfinance-institutions-per-1-000-adults/senegal/

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About this data

Indicator
Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
60 places, 915 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.