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
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
| 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% |
Senegal compared with similar countries
- Senegal's -6.1% is above the median for lower middle income countries, which is -9.2%, 66% of the median. (45 countries reporting)
- Senegal's -6.1% is above the median for Sub-Saharan Africa, which is -6.9%, 88% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0282 units per US$ of GDP (2025)
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.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.