External balance on goods and services as a percent of GDP in Senegal

Senegal: External balance on goods and services as a percent of GDP was -6.1% in 2025. ▼ Falling

Latest (2025)
-6.1%
Change on year
up 64.7%
World rank
118th
of 191 countries
All-time high
-1.1%
in 1960
All-time low
-26.0%
in 2022
Years of data
66
1960–2025

External balance on goods and services as a percent of GDP in Senegal, 1960–2025

-25-20-15-10-50196019922025

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for external balance on goods and services as a percent of gdp in Senegal is -6.1%, measured in 2025.

Compared with earlier readings it is up 64.7% on the previous year and up 52.2% over ten years.

Over the whole period, external balance on goods and services as a percent of gdp in Senegal peaked at -1.1% in 1960 and was at its lowest, -26.0%, in 2022.

Senegal ranks 118th of 191 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 66 years of available data.

External balance on goods and services as a percent of GDP in Senegal, year by year

Annual values for External balance on goods and services as a percent of GDP in Senegal, 1960 to 2025.
Year % of GDP Change
1960 -1.1%
1961 -2.0% +85.3%
1962 -2.0% +2.1%
1963 -3.8% +86.2%
1964 -4.1% +7.8%
1965 -2.9% -28.3%
1966 -3.2% +10.8%
1967 -4.5% +37.9%
1968 -8.5% +91.6%
1969 -9.5% +11.7%
1970 -7.2% -24.9%
1971 -9.0% +26.1%
1972 -7.6% -15.8%
1973 -11.6% +52.4%
1974 -10.8% -6.7%
1975 -9.3% -14.1%
1976 -11.2% +20.3%
1977 -12.7% +14.0%
1978 -14.4% +13.4%
1979 -12.1% -16.0%
1980 -17.1% +41.0%
1981 -23.2% +35.6%
1982 -17.9% -22.8%
1983 -21.1% +18.1%
1984 -19.6% -6.9%
1985 -15.2% -22.8%
1986 -11.7% -22.8%
1987 -10.7% -8.3%
1988 -10.6% -1.4%
1989 -10.2% -3.7%
1990 -10.7% +4.8%
1991 -11.2% +4.4%
1992 -11.5% +2.9%
1993 -11.7% +1.6%
1994 -12.3% +5.4%
1995 -11.4% -7.2%
1996 -10.1% -11.5%
1997 -10.6% +4.7%
1998 -10.9% +3.3%
1999 -11.5% +5.0%
2000 -13.2% +14.6%
2001 -14.3% +8.9%
2002 -13.9% -2.9%
2003 -14.4% +3.4%
2004 -15.5% +7.4%
2005 -15.3% -1.1%
2006 -15.6% +2.2%
2007 -18.2% +16.2%
2008 -21.1% +16.0%
2009 -13.5% -35.8%
2010 -12.5% -7.6%
2011 -15.0% +19.8%
2012 -17.0% +13.7%
2013 -15.9% -6.5%
2014 -14.9% -6.5%
2015 -12.8% -14.3%
2016 -11.0% -13.9%
2017 -13.9% +26.4%
2018 -15.9% +14.4%
2019 -14.3% -10.2%
2020 -18.6% +30.7%
2021 -20.1% +7.8%
2022 -26.0% +29.4%
2023 -25.4% -2.4%
2024 -17.3% -31.9%
2025 -6.1% -64.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s -4.2% -9.5% -1.1% 10
1970s -10.6% -14.4% -7.2% 10
1980s -15.7% -23.2% -10.2% 10
1990s -11.2% -12.3% -10.1% 10
2000s -15.5% -21.1% -13.2% 10
2010s -14.3% -17.0% -11.0% 10
2020s -18.9% -26.0% -6.1% 6

Countries ranked near Senegal

  1. 115 Bangladesh -5.7% compare
  2. 116 Georgia -5.8% compare
  3. 117 Kenya -6.0% compare
  4. 119 Ethiopia -6.9% compare
  5. 120 Cameroon -7.2% compare
  6. 121 Pakistan -7.2% compare

See the full ranking of 191 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is external balance on goods and services as a percent of gdp in Senegal?
External balance on goods and services as a percent of gdp in Senegal was -6.1% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest external balance on goods and services as a percent of gdp recorded in Senegal?
The highest recorded value was -1.1% in 1960.
What is the lowest external balance on goods and services as a percent of gdp recorded in Senegal?
The lowest recorded value was -26.0% in 2022.
How does Senegal rank for external balance on goods and services as a percent of gdp?
Senegal ranks 118th out of 191 countries with data for 2025.
Is external balance on goods and services as a percent of gdp rising or falling in Senegal?
Over the last ten years it is up 52.2%. The long-run trend across the full record is falling.
Where does this Senegal data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.

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External balance on goods and services as a percent of GDP in Senegal. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-as-a-percent-of-gdp/senegal/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.