Senegal: Economy

Economic Trivia

Senegal has one of best developed tourism industries in Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): France, Netherlands, and Nigeria
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Seafood, and Precious Stones & Metals

Top Industries Source: CIA World Factbook

Agricultural and Fish Processing; Phosphate Mining; Fertilizer Production; Petroleum Refining

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $34,232,612,023 (2014)
GDP Growth Rate (annual %) 4.721% (2014)
GDP Per Capita, PPP (current international) $2,333 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 115/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -1.088% (2014)
External debt stocks, total (DOD, current US$) $5,222,793,000 (2013)
Total tax rate (% of commercial profits) 47.3% (2015)
Real Interest Rate (5 year average %) 3.227% (2012)
Manufacturing, value added (% of GDP) 13.107% (2014)
Current Account Balance (BoP, current US$) $51,437,244,151 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 6,316,988 (2014)
Employment in Agriculture (% of total employment) 46.1% (2011)
Employment in Industry (% of total employment) 18.1% (2011)
Employment in Services (% of total employment) 22.4% (2011)
Unemployment Rate 10% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $7,256,074,431 (2014)
Exports of goods and services (current US$) $4,285,169,833 (2014)
Total Merchandise Trade (% of GDP) 60.36% (2014)
FDI, net inflows (BoP, current US$) $342,650,072 (2014)
Commercial Service Exports (current US$) $118,763,639,346 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Senegal’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary