External balance on goods and services in Senegal
Senegal: External balance on goods and services was -2.25 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Senegal, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Senegal is -2.25 billion current US$, measured in 2025.
The figure is up 59.4% on the previous year and up 0.6% over ten years.
Over the whole period, external balance on goods and services in Senegal peaked at -10.73 million current US$ in 1960 and was at its lowest, -7.79 billion current US$, in 2023.
Senegal ranks 135th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Senegal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -10.73 million current US$ | — |
| 1961 | -20.98 million current US$ | +95.5% |
| 1962 | -21.96 million current US$ | +4.7% |
| 1963 | -42.27 million current US$ | +92.5% |
| 1964 | -48.29 million current US$ | +14.2% |
| 1965 | -35.26 million current US$ | -27.0% |
| 1966 | -40.28 million current US$ | +14.2% |
| 1967 | -55.53 million current US$ | +37.9% |
| 1968 | -111.76 million current US$ | +101.3% |
| 1969 | -118.71 million current US$ | +6.2% |
| 1970 | -92.89 million current US$ | -21.8% |
| 1971 | -120.91 million current US$ | +30.2% |
| 1972 | -123.16 million current US$ | +1.9% |
| 1973 | -215.84 million current US$ | +75.2% |
| 1974 | -226.83 million current US$ | +5.1% |
| 1975 | -262.73 million current US$ | +15.8% |
| 1976 | -320.39 million current US$ | +21.9% |
| 1977 | -373.80 million current US$ | +16.7% |
| 1978 | -473.31 million current US$ | +26.6% |
| 1979 | -494.99 million current US$ | +4.6% |
| 1980 | -770.40 million current US$ | +55.6% |
| 1981 | -948.39 million current US$ | +23.1% |
| 1982 | -717.19 million current US$ | -24.4% |
| 1983 | -753.29 million current US$ | +5.0% |
| 1984 | -684.77 million current US$ | -9.1% |
| 1985 | -579.14 million current US$ | -15.4% |
| 1986 | -631.02 million current US$ | +9.0% |
| 1987 | -696.56 million current US$ | +10.4% |
| 1988 | -679.17 million current US$ | -2.5% |
| 1989 | -648.67 million current US$ | -4.5% |
| 1990 | -789.14 million current US$ | +21.7% |
| 1991 | -809.06 million current US$ | +2.5% |
| 1992 | -891.88 million current US$ | +10.2% |
| 1993 | -859.57 million current US$ | -3.6% |
| 1994 | -619.02 million current US$ | -28.0% |
| 1995 | -721.94 million current US$ | +16.6% |
| 1996 | -662.80 million current US$ | -8.2% |
| 1997 | -638.91 million current US$ | -3.6% |
| 1998 | -710.98 million current US$ | +11.3% |
| 1999 | -756.64 million current US$ | +6.4% |
| 2000 | -790.84 million current US$ | +4.5% |
| 2001 | -931.87 million current US$ | +17.8% |
| 2002 | -974.63 million current US$ | +4.6% |
| 2003 | -1.26 billion current US$ | +29.4% |
| 2004 | -1.56 billion current US$ | +23.5% |
| 2005 | -1.68 billion current US$ | +8.1% |
| 2006 | -1.83 billion current US$ | +8.6% |
| 2007 | -2.54 billion current US$ | +39.0% |
| 2008 | -3.55 billion current US$ | +39.7% |
| 2009 | -2.18 billion current US$ | -38.5% |
| 2010 | -2.01 billion current US$ | -7.7% |
| 2011 | -2.67 billion current US$ | +32.4% |
| 2012 | -3.01 billion current US$ | +12.8% |
| 2013 | -3.01 billion current US$ | +0.2% |
| 2014 | -2.95 billion current US$ | -2.2% |
| 2015 | -2.27 billion current US$ | -23.1% |
| 2016 | -2.09 billion current US$ | -7.7% |
| 2017 | -2.91 billion current US$ | +39.2% |
| 2018 | -3.67 billion current US$ | +26.1% |
| 2019 | -3.34 billion current US$ | -9.1% |
| 2020 | -4.57 billion current US$ | +37.0% |
| 2021 | -5.53 billion current US$ | +20.9% |
| 2022 | -7.22 billion current US$ | +30.6% |
| 2023 | -7.79 billion current US$ | +7.9% |
| 2024 | -5.56 billion current US$ | -28.7% |
| 2025 | -2.25 billion current US$ | -59.4% |
Senegal compared with similar countries
- Senegal's -2.25 billion current US$ is below the median for lower middle income countries, which is -1.67 billion current US$, 1.3× the median. (45 countries reporting)
- Senegal's -2.25 billion current US$ is below the median for Sub-Saharan Africa, which is -545.92 million current US$, 4.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -50.58 million current US$ | -118.71 million current US$ | -10.73 million current US$ | 10 |
| 1970s | -270.49 million current US$ | -494.99 million current US$ | -92.89 million current US$ | 10 |
| 1980s | -710.86 million current US$ | -948.39 million current US$ | -579.14 million current US$ | 10 |
| 1990s | -745.99 million current US$ | -891.88 million current US$ | -619.02 million current US$ | 10 |
| 2000s | -1.73 billion current US$ | -3.55 billion current US$ | -790.84 million current US$ | 10 |
| 2010s | -2.79 billion current US$ | -3.67 billion current US$ | -2.01 billion current US$ | 10 |
| 2020s | -5.49 billion current US$ | -7.79 billion current US$ | -2.25 billion current US$ | 6 |
Countries ranked near Senegal
- 132 Latvia -2.23 billion current US$ compare
- 133 Zimbabwe -2.24 billion current US$ compare
- 134 Bolivia -2.25 billion current US$ compare
- 136 Madagascar -2.27 billion current US$ compare
- 137 Montenegro -2.37 billion current US$ compare
- 138 North Macedonia -2.63 billion current US$ 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$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Senegal?
- External balance on goods and services in Senegal was -2.25 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Senegal?
- The highest recorded value was -10.73 million current US$ in 1960.
- What is the lowest external balance on goods and services recorded in Senegal?
- The lowest recorded value was -7.79 billion current US$ in 2023.
- How does Senegal rank for external balance on goods and services?
- Senegal ranks 135th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Senegal?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.