Adjusted savings: net national savings in Senegal
Senegal: Adjusted savings: net national savings was 14.3% in 2018. ◆ Volatile
Adjusted savings: net national savings in Senegal, 1974–2018
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2018, adjusted savings: net national savings in Senegal stood at 14.3%.
Compared with earlier readings it is up 3.1% on the previous year and up 187.4% over ten years.
Over the whole period, adjusted savings: net national savings in Senegal peaked at 15.2% in 1974 and was at its lowest, -4.8%, in 1993.
That places Senegal 58th out of 177 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Senegal, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 15.2% | — |
| 1975 | 11.5% | -24.4% |
| 1976 | 9.5% | -17.3% |
| 1977 | 9.8% | +2.4% |
| 1978 | 4.0% | -59.3% |
| 1979 | 3.9% | -2.8% |
| 1980 | -2.4% | -162.0% |
| 1981 | 1.9% | -180.6% |
| 1982 | 4.1% | +109.9% |
| 1983 | 2.1% | -48.7% |
| 1984 | 2.6% | +23.0% |
| 1985 | 3.3% | +30.5% |
| 1986 | 1.1% | -68.4% |
| 1987 | 4.4% | +316.7% |
| 1988 | 0.9% | -80.5% |
| 1989 | 0.6% | -34.5% |
| 1990 | -0.2% | -129.2% |
| 1991 | -0.6% | +267.1% |
| 1992 | -0.9% | +50.0% |
| 1993 | -4.8% | +435.7% |
| 1994 | -1.8% | -63.3% |
| 1995 | -1.0% | -44.5% |
| 1996 | -1.8% | +83.8% |
| 1997 | -0.2% | -86.6% |
| 1998 | -0.1% | -43.4% |
| 1999 | 0.4% | -410.1% |
| 2000 | 0.3% | -40.1% |
| 2001 | 4.4% | +1612.4% |
| 2002 | 2.6% | -41.0% |
| 2003 | 4.2% | +62.1% |
| 2004 | 3.3% | -21.4% |
| 2005 | 5.0% | +52.1% |
| 2006 | 2.7% | -45.3% |
| 2007 | 4.8% | +75.4% |
| 2008 | 5.0% | +3.3% |
| 2009 | 5.2% | +4.1% |
| 2010 | 6.6% | +27.9% |
| 2011 | 4.1% | -38.2% |
| 2012 | 6.0% | +46.1% |
| 2013 | 5.7% | -5.1% |
| 2014 | 8.6% | +51.8% |
| 2015 | 10.7% | +24.5% |
| 2016 | 11.9% | +11.8% |
| 2017 | 13.8% | +15.7% |
| 2018 | 14.3% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.0% | 3.9% | 15.2% | 6 |
| 1980s | 1.8% | -2.4% | 4.4% | 10 |
| 1990s | -1.1% | -4.8% | 0.4% | 10 |
| 2000s | 3.7% | 0.3% | 5.2% | 10 |
| 2010s | 9.1% | 4.1% | 14.3% | 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)
- Exports of goods and services (current LCU), annual growth rate 40.75 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 189.06 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 369,549 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 28.94 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2223 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 434.59 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 6.1 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2872 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Senegal?
- Adjusted savings: net national savings in Senegal was 14.3% in 2018, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Senegal?
- The highest recorded value was 15.2% in 1974.
- What is the lowest adjusted savings: net national savings recorded in Senegal?
- The lowest recorded value was -4.8% in 1993.
- How does Senegal rank for adjusted savings: net national savings?
- Senegal ranks 58th out of 177 countries with data for 2018.
- Is adjusted savings: net national savings rising or falling in Senegal?
- Over the last ten years it is up 187.4%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.