External balance on goods and services in Senegal

Senegal: External balance on goods and services was -6.1% in 2025. ▼ Falling

Latest (2025)
-6.1%
Change on year
up 64.7%
World rank
118th
of 193 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 in Senegal, 1960–2025

-25-20-15-10-50196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

In 2025, external balance on goods and services in Senegal stood at -6.1%.

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 in Senegal peaked at -1.1% in 1960 and was at its lowest, -26.0%, in 2022.

That places Senegal 118th out of 193 countries with data for 2025, putting it 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 in Senegal, year by year

Annual values for External balance on goods and services (% 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 237 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is external balance on goods and services in Senegal?
External balance on goods and services in Senegal was -6.1% 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 -1.1% in 1960.
What is the lowest external balance on goods and services recorded in Senegal?
The lowest recorded value was -26.0% in 2022.
How does Senegal rank for external balance on goods and services?
Senegal ranks 118th 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 52.2%. The long-run trend across the full record is falling.
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 (% of GDP). Statizoid updates them automatically from the source API.

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External balance on goods and services in Senegal. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-percent-of-gdp/senegal/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.