Annual growth of the gross capital formation (%) in Senegal
Senegal: Annual growth of the gross capital formation (%) was 5.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Senegal, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Senegal is 5.2%, measured in 2024.
The figure is up 77.0% on the previous year and down 75.3% over ten years.
Over the whole period, annual growth of the gross capital formation in Senegal peaked at 42.3% in 2001 and was at its lowest, -22.8%, in 2002.
Senegal ranks 67th of 175 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.
Annual growth of the gross capital formation (%) in Senegal, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.6% | — |
| 2001 | 42.3% | -1029.2% |
| 2002 | -22.8% | -154.0% |
| 2003 | 33.6% | -247.2% |
| 2004 | -0.7% | -102.1% |
| 2005 | 17.6% | -2622.4% |
| 2006 | -4.7% | -126.5% |
| 2007 | 12.8% | -373.4% |
| 2008 | -5.2% | -140.4% |
| 2009 | -1.5% | -71.9% |
| 2010 | 5.6% | -486.1% |
| 2011 | 5.6% | +0.3% |
| 2012 | 7.5% | +32.7% |
| 2013 | 13.5% | +81.4% |
| 2014 | 21.0% | +55.2% |
| 2015 | 11.7% | -44.2% |
| 2016 | 12.7% | +8.1% |
| 2017 | 26.9% | +112.3% |
| 2018 | 12.4% | -53.9% |
| 2019 | 1.3% | -89.4% |
| 2020 | 16.8% | +1182.1% |
| 2021 | 11.5% | -31.6% |
| 2022 | 17.0% | +48.0% |
| 2023 | 2.9% | -82.8% |
| 2024 | 5.2% | +77.0% |
Senegal compared with similar countries
- Senegal's 5.2% is above the median for lower middle income countries, which is 2.8%, 1.8× the median. (38 countries reporting)
- Senegal's 5.2% is below the median for Sub-Saharan Africa, which is 6.1%, 85% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +2622.4% | -0.7% | 17.6% |
| 2020 | +1182.1% | 1.3% | 16.8% |
| 2001 | +1029.2% | -4.6% | 42.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | -22.8% | 42.3% | 10 |
| 2010s | 11.8% | 1.3% | 26.9% | 10 |
| 2020s | 10.7% | 2.9% | 17.0% | 5 |
Countries ranked near Senegal
More economy & growth data for Senegal
- Real gdp growth, annual growth rate 44.3 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -94.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.5431 units per person (2025)
- SDRs holdings, SDR, annual growth rate -94.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.3965 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.89 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Senegal?
- Annual growth of the gross capital formation in Senegal was 5.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Senegal?
- The highest recorded value was 42.3% in 2001.
- What is the lowest annual growth of the gross capital formation recorded in Senegal?
- The lowest recorded value was -22.8% in 2002.
- How does Senegal rank for annual growth of the gross capital formation?
- Senegal ranks 67th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Senegal?
- Over the last ten years it is down 75.3%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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