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Economy of Senegal. Statistics, Data and Indicators

flag
Senegal
35B+ Credit rank #82
N/A Quality of life #
66 Corruption rank#59
123 Ease of doing business#125
Senegal


Senegal Major Economic Indicators

Indicator Data Period
GDP Value 23.58 USD Billion 2019
GDP Annual Growth Rate 0.7 % 3Q/20
GDP Growth Rate 3.8 % 3Q/20
GDP per capita 1584 USD 2019
Inflation Rate YoY 2.4 % Dec/20
Interest Rate 4 % Dec/20
Unemployment Rate 17 % 4Q/19
Wages 89730 CFA/Month | 166.151 USD/Month 4Q/19
Balance of Trade -215 XOF Billion | -0.398 B USD Nov/20
Current Account -1181 XOF Billion | -2.187 B USD 2019


GDP
vvp
23.58
USD Billion
#110 from 174 countries
GDP per capita
vvp
1584
USD
#133 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 23.58 USD Billion 2019
GDP Annual Growth Rate 0.7 % 3Q/20
GDP Growth Rate 3.8 % 3Q/20
GDP per capita 1584 USD 2019
GDP per capita PPP 3395 USD 2019
GDP From Agriculture  310 XOF Million | 0.001 B USD 1Q/20
GDP From Mining  71 XOF Million | 0 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 47.7 % 2019
Government Budget to GDP -3.6 % 2019
Military Expenditure 327 USD Million | 0.327 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Dec/20
Export Prices 149 index points Dec/19
Food Inflation 3.8 % Dec/20
Import Prices 118 index points Dec/19
Inflation Rate YoY 2.4 % Dec/20
Producer Prices 105 Index Points Aug/20
Inflation Rate Mom -0.7 % Dec/20
CPI Housing Utilities 99.8 Index Points Dec/20
CPI Transportation 103 Index Points Dec/20
Producer Prices Change  -5.5 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP -8.8 % 2019
Balance of Trade -215 XOF Billion | -0.398 USD Billion Nov/20
Capital Flows -1063 XOF Billion | -1.968 B USD 2018
Current Account -1181 XOF Billion | -2.187 B USD 2019
Exports 164 XOF Billion | 0.304 USD Billion Nov/20
Imports 379 XOF Billion | 0.702 USD Billion Nov/20
Terms of Trade  126 Index Points Dec/19


Money Indicators

Indicator Data Period
Interest Rate 4 % Dec/20
Loans to Private Sector 2902002 XOF Million | 5.17 USD Billion Sep/16
Money Supply M0 2109500 XOF Million | 3.906 USD Billion Oct/20
Money Supply M2 5957000 XOF Million | 11.03 USD Billion Oct/20
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 17 % 4Q/19
Wages 89730 CFA/Month | 166.151 USD/Month 4Q/19
Living Wage Family 211500 XOF/Month | 362.064 USD/Month 2018
Living Wage Individual 89500 XOF/Month | 153.214 USD/Month 2018
Wages High Skilled 382000 XOF/Month | 653.941 USD/Month 2018
Wages Low Skilled  126400 XOF/Month | 216.382 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 30 % 2020
Personal Income Tax Rate 40 % 2020
Sales Tax Rate 18 % 2020


Production Indicators

Indicator Data Period
Industrial Production 14.6 % Oct/20
Mining Production -4.2 % Aug/20
Industrial Production (MoM) -6.3 % Aug/20


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2019
Corruption Rank 66 place 2019
Ease of Doing Business 123 place 2019
Competitiveness Index 49.69 Index Points 2019
Competitiveness Rank 114 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -20.1 % 2Q/20


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
2.4
%
#132 from 174 countries


Interest Rate
discount_rate_icon
4
%
#71 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
17
%
#25 from 171 countries
Wages
salary_icon
166.151
USD/Month
#79 from 82 countries