Adjusted savings: gross savings in Senegal
Senegal: Adjusted savings: gross savings was 23.7% in 2018. ◆ Volatile
Adjusted savings: gross savings in Senegal, 1974–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Senegal recorded 23.7% for adjusted savings: gross savings in 2018. That is the highest value across all 45 years on record.
That represents a change of up 2.1% on the previous year and up 58.4% over ten years.
Over the whole period, adjusted savings: gross savings in Senegal peaked at 23.7% in 2018 and was at its lowest, 1.5%, in 1993.
Senegal ranks 82nd of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Senegal, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 21.5% | — |
| 1975 | 17.8% | -17.4% |
| 1976 | 15.3% | -13.9% |
| 1977 | 15.7% | +2.1% |
| 1978 | 10.1% | -35.6% |
| 1979 | 9.4% | -6.7% |
| 1980 | 3.6% | -62.1% |
| 1981 | 7.7% | +114.8% |
| 1982 | 8.2% | +7.3% |
| 1983 | 5.4% | -34.7% |
| 1984 | 5.1% | -4.1% |
| 1985 | 5.3% | +2.1% |
| 1986 | 2.7% | -48.4% |
| 1987 | 6.1% | +125.9% |
| 1988 | 2.7% | -55.3% |
| 1989 | 2.8% | +2.1% |
| 1990 | 2.6% | -5.5% |
| 1991 | 3.1% | +17.3% |
| 1992 | 3.8% | +23.0% |
| 1993 | 1.5% | -59.8% |
| 1994 | 6.0% | +290.7% |
| 1995 | 8.7% | +45.4% |
| 1996 | 8.1% | -7.3% |
| 1997 | 10.9% | +35.0% |
| 1998 | 11.2% | +3.1% |
| 1999 | 11.7% | +4.2% |
| 2000 | 11.5% | -2.2% |
| 2001 | 14.8% | +29.7% |
| 2002 | 13.2% | -10.9% |
| 2003 | 14.7% | +11.1% |
| 2004 | 13.7% | -6.8% |
| 2005 | 15.4% | +12.8% |
| 2006 | 13.5% | -12.8% |
| 2007 | 15.2% | +13.1% |
| 2008 | 15.0% | -1.9% |
| 2009 | 15.1% | +1.3% |
| 2010 | 16.4% | +8.5% |
| 2011 | 14.6% | -11.1% |
| 2012 | 16.1% | +10.3% |
| 2013 | 16.6% | +2.8% |
| 2014 | 19.3% | +16.6% |
| 2015 | 20.7% | +7.0% |
| 2016 | 21.7% | +5.0% |
| 2017 | 23.2% | +6.8% |
| 2018 | 23.7% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.0% | 9.4% | 21.5% | 6 |
| 1980s | 5.0% | 2.7% | 8.2% | 10 |
| 1990s | 6.8% | 1.5% | 11.7% | 10 |
| 2000s | 14.2% | 11.5% | 15.4% | 10 |
| 2010s | 19.1% | 14.6% | 23.7% | 9 |
Countries ranked near Senegal
More economy & growth data for Senegal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -5.6 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2869 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 560.87 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 3.81 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 754.14 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate -0.3747 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 224.51 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Senegal?
- Adjusted savings: gross savings in Senegal was 23.7% in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Senegal?
- The highest recorded value was 23.7% in 2018.
- What is the lowest adjusted savings: gross savings recorded in Senegal?
- The lowest recorded value was 1.5% in 1993.
- How does Senegal rank for adjusted savings: gross savings?
- Senegal ranks 82nd out of 178 countries with data for 2018.
- Is adjusted savings: gross savings rising or falling in Senegal?
- Over the last ten years it is up 58.4%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.