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 (2017): France, China, and India
Top 3 Exported Goods (2017): 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) [1]

GDP, PPP (current international) $54,803,824,619 (2017)
GDP Growth Rate (annual %) 7.154% (2017)
GDP Per Capita, PPP (current international) $3,458 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 107/195 (2017)

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 %) 1.318% (2017)
External debt stocks, total (DOD, current US$) $8,886,011,384 (2017)
Total tax rate (% of commercial profits) 45.1% (2018)
Real Interest Rate (5 year average %) 3.355% (2017)
Manufacturing, value added (% of GDP) 15.897% (2017)
Current Account Balance (BoP, current US$) ($1,522,499,772) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,333,127 (2018)
Employment in Agriculture (% of total employment) 32.03% (2018)
Employment in Industry (% of total employment) 13.606% (2018)
Employment in Services (% of total employment) 54.363% (2018)
Unemployment Rate 6.464% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $7,460,234,903 (2017)
Exports of goods and services (current US$) $4,578,416,926 (2017)
Total Merchandise Trade (% of GDP) 46.121% (2017)
FDI, net inflows (BoP, current US$) $532,281,342 (2017)
Commercial Service Exports (current US$) $1,130,234,942 (2017)
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