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 (2018): China, India, and Nigeria
Top 3 Exported Goods (2018): Oil & Mineral Fuels, Precious Stones & Metals, 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) $59,863,970,712 (2018)
GDP Growth Rate (annual %) 6.766% (2018)
GDP Per Capita, PPP (current international) $3,776 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 106/196 (2018)

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 %) 0.456% (2018)
External debt stocks, total (DOD, current US$) $12,485,023,494 (2018)
Total tax rate (% of commercial profits) 44.8% (2019)
Real Interest Rate (5 year average %) 3.521% (2017)
Manufacturing, value added (% of GDP) 18.706% (2018)
Current Account Balance (BoP, current US$) ($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 4,328,681 (2019)
Employment in Agriculture (% of total employment) 31.544% (2019)
Employment in Industry (% of total employment) 13.875% (2019)
Employment in Services (% of total employment) 54.581% (2019)
Unemployment Rate 6.522% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $8,707,216,904 (2018)
Exports of goods and services (current US$) $5,272,398,189 (2018)
Total Merchandise Trade (% of GDP) 46.922% (2018)
FDI, net inflows (BoP, current US$) $629,312,448 (2018)
Commercial Service Exports (current US$) $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