Senegal Economy: GDP, Inflation, CPI & Interest Rates

This chart displays Economic Growth (GDP, annual variation in %) for Senegal from 2013 to 2022.

Senegal Economic Data

	2017	2018	2019	2020	2021
Population (million)	15.4	15.9	16.3	16.7	17.2
GDP (USD bn)	20.8	23.1	23.4	24.5	27.6
GDP per capita (USD)	1,352	1,456	1,434	1,464	1,605
GDP (XOF bn)	12,192	12,840	13,713	14,101	15,319
Economic Growth (Nominal GDP, ann. var. %)	8.1	5.3	6.8	2.8	8.6
Economic Growth (GDP, ann. var. %)	7.4	6.6	4.3	1.5	6.6
Domestic Demand (ann. var. %)	10.3	6.8	3.5	6.4	5.3
Private Consumption (ann. var. %)	4.9	4.7	3.8	2.2	6.0
Government Consumption (ann. var. %)	4.0	3.5	7.5	2.6	5.4
Fixed Investment (ann. var. %)	15.4	13.7	10.3	4.3	7.4
Fiscal Balance (% of GDP)	-3.0	-3.7	-3.9	-6.4	-6.3
Public Debt (% of GDP)	61.1	61.5	63.6	69.2	73.2
Inflation (CPI, ann. var. %, aop)	2.3	0.4	1.0	2.5	2.2
Marginal Lending Rate (%, eop)	4.50	4.50	4.50	4.00	4.00
Exchange Rate (XOF per USD, eop)	563.33	573.72	584.45	535.27	576.77
Current Account Balance (USD bn)	-1.5	-2.2	-1.9	-2.7	-3.7
Current Account Balance (% of GDP)	-7.3	-9.6	-8.1	-10.9	-13.3
Merchandise Trade Balance (USD bn)	-2.7	-3.4	-2.9	-2.8	-3.1
Merchandise Exports (USD bn)	3.3	3.9	4.4	4.2	5.5
Merchandise Imports (USD bn)	5.9	7.2	7.3	7.0	8.6
Merchandise Exports (ann. var. %)	13.6	18.3	14.6	-5.3	30.6
Merchandise Imports (ann. var. %)	23.0	22.0	0.7	-4.5	23.0
Foreign Direct Investment (USD bn)	0.6	0.8	1.1	1.8	2.2
International Reserves (USD bn)	2.7	3.4	3.2	5.0	4.7
International Reserves (months of imports)	5.5	5.6	5.3	8.6	6.6
External Debt (USD bn)	14.2	19.0	19.2	23.3	28.9
External Debt (% of GDP)	68.3	82.3	82.3	95.0	104.8