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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Senegal recorded 5.2% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is up 77.1% 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, -22.9%, in 2002.
That places Senegal 63rd out of 167 countries with data for 2024, putting it 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 | -4.5% | — |
| 2001 | 42.3% | -1030.1% |
| 2002 | -22.9% | -154.0% |
| 2003 | 33.6% | -247.2% |
| 2004 | -0.7% | -102.1% |
| 2005 | 17.6% | -2618.6% |
| 2006 | -4.7% | -126.5% |
| 2007 | 12.8% | -373.1% |
| 2008 | -5.2% | -140.4% |
| 2009 | -1.4% | -71.9% |
| 2010 | 5.6% | -486.9% |
| 2011 | 5.6% | +0.4% |
| 2012 | 7.5% | +32.5% |
| 2013 | 13.5% | +81.5% |
| 2014 | 21.0% | +55.2% |
| 2015 | 11.7% | -44.2% |
| 2016 | 12.7% | +8.0% |
| 2017 | 26.9% | +112.3% |
| 2018 | 12.4% | -53.8% |
| 2019 | 1.3% | -89.4% |
| 2020 | 16.8% | +1181.7% |
| 2021 | 11.5% | -31.6% |
| 2022 | 17.0% | +48.0% |
| 2023 | 2.9% | -82.8% |
| 2024 | 5.2% | +77.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | -22.9% | 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
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.132 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 258.07 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 76.83 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 150,179 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1151 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 224.96 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 130,917 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 18.6 % 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 World Bank – processed by Our World in Data.
- 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 -22.9% in 2002.
- How does Senegal rank for annual growth of the gross capital formation?
- Senegal ranks 63rd out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).