Current account balance as a proportion of GDP in Senegal
Senegal: Current account balance as a proportion of GDP was -19.8% in 2023. ◆ Volatile
Current account balance as a proportion of GDP in Senegal, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Senegal is -19.8%, measured in 2023.
The figure is up 0.8% on the previous year and down 141.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Senegal peaked at -3.7% in 2010 and was at its lowest, -19.9%, in 2022.
Senegal ranks 171st of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.5% | — |
| 2001 | -3.8% | -31.9% |
| 2002 | -4.5% | +20.4% |
| 2003 | -5.0% | +9.8% |
| 2004 | -5.1% | +1.7% |
| 2005 | -6.1% | +21.0% |
| 2006 | -7.4% | +20.0% |
| 2007 | -9.4% | +27.3% |
| 2008 | -11.2% | +19.7% |
| 2009 | -5.3% | -52.7% |
| 2010 | -3.7% | -31.1% |
| 2011 | -6.4% | +76.3% |
| 2012 | -8.7% | +34.2% |
| 2013 | -8.2% | -5.3% |
| 2014 | -6.8% | -17.0% |
| 2015 | -5.3% | -21.9% |
| 2016 | -4.2% | -21.4% |
| 2017 | -7.3% | +74.0% |
| 2018 | -9.6% | +31.8% |
| 2019 | -8.1% | -15.4% |
| 2020 | -10.9% | +33.8% |
| 2021 | -12.1% | +11.4% |
| 2022 | -19.9% | +65.0% |
| 2023 | -19.8% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.3% | -11.2% | -3.8% | 10 |
| 2010s | -6.8% | -9.6% | -3.7% | 10 |
| 2020s | -15.7% | -19.9% | -10.9% | 4 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.4726 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3272 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 639.61 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 59.42 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 61.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 21.14 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 99.42 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 194,329 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Senegal?
- Current account balance as a proportion of gdp in Senegal was -19.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Senegal?
- The highest recorded value was -3.7% in 2010.
- What is the lowest current account balance as a proportion of gdp recorded in Senegal?
- The lowest recorded value was -19.9% in 2022.
- How does Senegal rank for current account balance as a proportion of gdp?
- Senegal ranks 171st out of 177 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Senegal?
- Over the last ten years it is down 141.5%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).