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Economy of Senegal. Statistics, Data and Indicators

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


Senegal Major Economic Indicators

Indicator Data Period
GDP Value 24.91 USD Billion 2020
GDP Annual Growth Rate 5.2 % 1Q/22
GDP Growth Rate 2.1 % 4Q/21
GDP per capita 1356 USD 2020
Inflation Rate YoY 7.4 % May/22
Interest Rate 4 % May/22
Unemployment Rate 22.6 % 1Q/21
Wages 93955 CFA/Month | 149.722 USD/Month 4Q/20
Balance of Trade -312 XOF Billion | -0.497 B USD Apr/22
Current Account -1739 XOF Billion | -2.771 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 24.91 USD Billion 2020
GDP Annual Growth Rate 5.2 % 1Q/22
GDP Growth Rate 2.1 % 4Q/21
GDP per capita 1356 USD 2020
GDP per capita PPP 3300 USD 2020
GDP From Agriculture  388 XOF Million | 0.001 B USD 1Q/22
GDP From Mining  102 XOF Million | 0 B USD 4Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 73 % 2021
Government Budget to GDP -5.9 % 2021
Military Expenditure 378 USD Million | 0.378 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 116 index points May/22
Export Prices 124 index points Mar/22
Food Inflation 12 % May/22
Import Prices 119 index points Mar/22
Inflation Rate YoY 7.4 % May/22
Producer Prices 136 Index Points Apr/22
Inflation Rate Mom 0.7 % May/22
CPI Housing Utilities 104 Index Points May/22
CPI Transportation 107 Index Points May/22
Producer Prices Change  25.7 % Apr/22


Trade Indicators

Indicator Data Period
Current Account to GDP -10.4 % 2021
Balance of Trade -312 XOF Billion | -0.497 USD Billion Apr/22
Capital Flows -802 XOF Billion | -1.278 B USD 2019
Current Account -1739 XOF Billion | -2.771 B USD 2020
Exports 232 XOF Billion | 0.37 USD Billion Apr/22
Imports 544 XOF Billion | 0.867 USD Billion Apr/22
Terms of Trade  104 Index Points Mar/22


Money Indicators

Indicator Data Period
Interest Rate 4 % May/22
Loans to Private Sector 2902002 XOF Million | 5.17 USD Billion Sep/16
Money Supply M0 2104900 XOF Million | 3.354 USD Billion Mar/22
Money Supply M2 7777200 XOF Million | 12.393 USD Billion Mar/22
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 22.6 % 1Q/21
Wages 93955 CFA/Month | 149.722 USD/Month 4Q/20
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 % 2021
Personal Income Tax Rate 40 % 2021
Sales Tax Rate 18 % 2021


Production Indicators

Indicator Data Period
Industrial Production -6.1 % Apr/22
Mining Production -13.1 % Mar/22
Industrial Production (MoM) 3.1 % Feb/22


Business Indicators

Indicator Data Period
Corruption Index 43 index points 2021
Corruption Rank 73 place 2021
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 25.1 % 4Q/21