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 (2021): China, France, and India
Top 3 Exported Goods (2021): Precious Stones & Metals, Oil & Mineral Fuels, and Seafood

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $72,884,327,398 (2022)
GDP Growth Rate (annual %) 4.154% (2022)
GDP Per Capita, PPP (current international) $4,209 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 106/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 9.697% (2022)
External debt stocks, total (DOD, current US$) $28,931,403,336 (2021)
Total tax rate (% of commercial profits) 44.8% (2019)
Real Interest Rate (5 year average %) 4.514% (2017)
Manufacturing, value added (% of GDP) 15.104% (2022)
Current Account Balance (BoP, current US$) ($2,215,256,001) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 5,198,745 (2022)
Employment in Agriculture (% of total employment) 21.612% (2021)
Employment in Industry (% of total employment) 22.634% (2021)
Employment in Services (% of total employment) 55.755% (2021)
Unemployment Rate 3.434% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $15,335,624,147 (2022)
Exports of goods and services (current US$) $6,991,219,976 (2022)
Total Merchandise Trade (% of GDP) 67.814% (2022)
FDI, net inflows (BoP, current US$) $2,586,179,934 (2022)
Commercial Service Exports (current US$) $1,215,585,390 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank