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Economy of Senegal. Statistics, Data and Indicators

flag
Senegal
35B+ Credit rank #82
N/A Quality of life #
67 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 5.1 % 1Q/21
GDP Growth Rate 0.9 % 1Q/21
GDP per capita 1500 USD 2020
Inflation Rate YoY 2 % Jun/21
Interest Rate 4 % Jun/21
Unemployment Rate 16.7 % 4Q/20
Wages 89730 CFA/Month | 162.222 USD/Month 4Q/19
Balance of Trade -195 XOF Billion | -0.353 B USD May/21
Current Account -1181 XOF Billion | -2.135 B USD 2019


GDP
vvp
24.91
USD Billion
#110 from 174 countries
GDP per capita
vvp
1500
USD
#133 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 24.91 USD Billion 2020
GDP Annual Growth Rate 5.1 % 1Q/21
GDP Growth Rate 0.9 % 1Q/21
GDP per capita 1500 USD 2020
GDP per capita PPP 3300 USD 2020
GDP From Agriculture  357 XOF Million | 0.001 B USD 1Q/21
GDP From Mining  79.8 XOF Million | 0 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 47.7 % 2019
Government Budget to GDP -6 % 2020
Military Expenditure 378 USD Million | 0.378 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Jun/21
Export Prices 105 index points Jan/20
Food Inflation 2.8 % Jun/21
Import Prices 118 index points Dec/19
Inflation Rate YoY 2 % Jun/21
Producer Prices 107 Index Points Mar/21
Inflation Rate Mom 0.5 % Jun/21
CPI Housing Utilities 100 Index Points Jun/21
CPI Transportation 106 Index Points Jun/21
Producer Prices Change  1.7 % Apr/21


Trade Indicators

Indicator Data Period
Current Account to GDP -10.3 % 2020
Balance of Trade -195 XOF Billion | -0.353 USD Billion May/21
Capital Flows -802 XOF Billion | -1.45 B USD 2019
Current Account -1181 XOF Billion | -2.135 B USD 2019
Exports 224 XOF Billion | 0.405 USD Billion May/21
Imports 419 XOF Billion | 0.758 USD Billion May/21
Terms of Trade  119 Index Points Nov/20


Money Indicators

Indicator Data Period
Interest Rate 4 % Jun/21
Loans to Private Sector 2902002 XOF Million | 5.17 USD Billion Sep/16
Money Supply M0 2435700 XOF Million | 4.403 USD Billion Apr/21
Money Supply M2 6828100 XOF Million | 12.344 USD Billion Apr/21
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 16.7 % 4Q/20
Wages 89730 CFA/Month | 162.222 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 % 2021
Personal Income Tax Rate 40 % 2021
Sales Tax Rate 18 % 2020


Production Indicators

Indicator Data Period
Industrial Production 31.3 % Apr/21
Mining Production 81.4 % Apr/21
Industrial Production (MoM) -6.8 % Apr/21


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2020
Corruption Rank 67 place 2020
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
%
#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
16.7
%
#25 from 171 countries
Wages
salary_icon
162.222
USD/Month
#79 from 82 countries