Current account balance (BoP, current US$), annual growth rate in Senegal
Senegal: Current account balance (BoP, current US$), annual growth rate was -9.55 % change on previous year in 2023. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Senegal, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Senegal recorded -9.55 % change on previous year for current account balance (bop, current us$), annual growth rate in 2023.
That represents a change of up 85.7% on the previous year and down 567.5% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Senegal peaked at 56.7 % change on previous year in 1994 and was at its lowest, -251.19 % change on previous year, in 1978.
That places Senegal 119th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Senegal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | -30.52 % change on previous year | — |
| 1976 | -8 % change on previous year | -73.8% |
| 1977 | 27.56 % change on previous year | -444.7% |
| 1978 | -251.19 % change on previous year | -1011.4% |
| 1979 | -12.1 % change on previous year | -95.2% |
| 1980 | -46.41 % change on previous year | +283.7% |
| 1981 | -19.54 % change on previous year | -57.9% |
| 1982 | 42.45 % change on previous year | -317.2% |
| 1983 | -14.6 % change on previous year | -134.4% |
| 1984 | 10.5 % change on previous year | -171.9% |
| 1985 | -31.99 % change on previous year | -404.7% |
| 1986 | -2.56 % change on previous year | -92.0% |
| 1987 | -16.53 % change on previous year | +545.5% |
| 1988 | 5.86 % change on previous year | -135.4% |
| 1989 | 14 % change on previous year | +139.1% |
| 1990 | -4.42 % change on previous year | -131.5% |
| 1991 | -2.33 % change on previous year | -47.3% |
| 1992 | -7.95 % change on previous year | +241.8% |
| 1993 | -7.89 % change on previous year | -0.8% |
| 1994 | 56.7 % change on previous year | -818.5% |
| 1995 | -30.41 % change on previous year | -153.6% |
| 1996 | 17.88 % change on previous year | -158.8% |
| 1997 | 7.93 % change on previous year | -55.6% |
| 1998 | -33.89 % change on previous year | -527.2% |
| 1999 | -29.43 % change on previous year | -13.2% |
| 2000 | -4.03 % change on previous year | -86.3% |
| 2001 | 26.26 % change on previous year | -752.1% |
| 2002 | -29.57 % change on previous year | -212.6% |
| 2003 | -37.45 % change on previous year | +26.6% |
| 2004 | -16.87 % change on previous year | -54.9% |
| 2005 | -32.22 % change on previous year | +91.0% |
| 2006 | -27.49 % change on previous year | -14.7% |
| 2007 | -52.27 % change on previous year | +90.1% |
| 2008 | -44.1 % change on previous year | -15.6% |
| 2009 | 54.68 % change on previous year | -224.0% |
| 2010 | 31.23 % change on previous year | -42.9% |
| 2011 | -94.78 % change on previous year | -403.5% |
| 2012 | -33.08 % change on previous year | -65.1% |
| 2013 | -1.43 % change on previous year | -95.7% |
| 2014 | 13.1 % change on previous year | -1015.4% |
| 2015 | 29.84 % change on previous year | +127.7% |
| 2016 | 15.8 % change on previous year | -47.1% |
| 2017 | -91.83 % change on previous year | -681.2% |
| 2018 | -45.14 % change on previous year | -50.8% |
| 2019 | 14.32 % change on previous year | -131.7% |
| 2020 | -40.27 % change on previous year | -381.2% |
| 2021 | -24.98 % change on previous year | -38.0% |
| 2022 | -66.57 % change on previous year | +166.6% |
| 2023 | -9.55 % change on previous year | -85.7% |
Senegal compared with similar countries
- Senegal's -9.55 % change on previous year is below the median for lower middle income countries, which is 19.11 % change on previous year. (47 countries reporting)
- Senegal's -9.55 % change on previous year is below the median for Sub-Saharan Africa, which is -1.03 % change on previous year, 9.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | -1011.4% | 27.56 % change on previous year | -251.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -54.85 % change on previous year | -251.19 % change on previous year | 27.56 % change on previous year | 5 |
| 1980s | -5.88 % change on previous year | -46.41 % change on previous year | 42.45 % change on previous year | 10 |
| 1990s | -3.38 % change on previous year | -33.89 % change on previous year | 56.7 % change on previous year | 10 |
| 2000s | -16.31 % change on previous year | -52.27 % change on previous year | 54.68 % change on previous year | 10 |
| 2010s | -16.2 % change on previous year | -94.78 % change on previous year | 31.23 % change on previous year | 10 |
| 2020s | -35.34 % change on previous year | -66.57 % change on previous year | -9.55 % change on previous year | 4 |
Countries ranked near Senegal
- 116 Kosovo -8.2 % change on previous year compare
- 116 Kosovo (UNSCR 1244) -8.2 % change on previous year compare
- 118 Romania -8.42 % change on previous year compare
- 120 Rwanda -9.73 % change on previous year compare
- 121 Greece -10.62 % change on previous year compare
- 122 Grenada -11.07 % change on previous year compare
More economy & growth data for Senegal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 48.08 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.6 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -57.9 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0627 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.98 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Senegal?
- Current account balance (bop, current us$), annual growth rate in Senegal was -9.55 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Senegal?
- The highest recorded value was 56.7 % change on previous year in 1994.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Senegal?
- The lowest recorded value was -251.19 % change on previous year in 1978.
- How does Senegal rank for current account balance (bop, current us$), annual growth rate?
- Senegal ranks 119th out of 198 countries with data for 2023.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Senegal?
- Over the last ten years it is down 567.5%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.