Foreign direct investment, net inflows as share of GDP in Senegal
Senegal: Foreign direct investment, net inflows as share of GDP was 6.3% in 2024. ◆ Volatile
Latest (2024)
6.3%
Change on year
down 59.8%
World rank
33rd
of 198 countries
All-time high
15.6%
in 2023
All-time low
-1.0%
in 1983
Years of data
55
1970–2024
Foreign direct investment, net inflows as share of GDP in Senegal, 1970–2024
Source: IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, foreign direct investment, net inflows as share of gdp in Senegal stood at 6.3%.
The figure is down 59.8% on the previous year and up 207.8% over ten years.
Over the whole period, foreign direct investment, net inflows as share of gdp in Senegal peaked at 15.6% in 2023 and was at its lowest, -1.0%, in 1983.
Senegal ranks 33rd of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows as share of GDP in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.4% | — |
| 1971 | 0.7% | +89.8% |
| 1972 | 0.9% | +28.2% |
| 1973 | 0.3% | -72.0% |
| 1974 | 0.5% | +85.9% |
| 1975 | 0.8% | +62.9% |
| 1976 | 1.2% | +57.0% |
| 1977 | 1.0% | -23.8% |
| 1978 | -0.2% | -116.0% |
| 1979 | 0.2% | -243.2% |
| 1980 | 0.3% | +46.9% |
| 1981 | 0.8% | +161.3% |
| 1982 | 0.7% | -16.7% |
| 1983 | -1.0% | -239.0% |
| 1984 | 0.8% | -185.9% |
| 1985 | -0.4% | -149.6% |
| 1986 | -0.2% | -62.2% |
| 1987 | -0.1% | -61.0% |
| 1988 | 0.2% | -481.4% |
| 1989 | 0.4% | +80.9% |
| 1990 | 0.8% | +82.8% |
| 1991 | -0.1% | -113.5% |
| 1992 | 0.3% | -364.5% |
| 1993 | -0.0% | -104.0% |
| 1994 | 1.3% | -12149.4% |
| 1995 | 0.5% | -62.3% |
| 1996 | 0.2% | -57.5% |
| 1997 | 3.0% | +1291.2% |
| 1998 | 1.1% | -63.1% |
| 1999 | 2.5% | +124.4% |
| 2000 | 1.4% | -44.6% |
| 2001 | 0.7% | -49.0% |
| 2002 | 1.2% | +70.4% |
| 2003 | 1.0% | -16.4% |
| 2004 | 1.4% | +38.4% |
| 2005 | 1.5% | +11.7% |
| 2006 | 2.5% | +62.4% |
| 2007 | 2.5% | +1.4% |
| 2008 | 2.7% | +7.7% |
| 2009 | 2.1% | -24.1% |
| 2010 | 1.7% | -17.8% |
| 2011 | 1.9% | +12.6% |
| 2012 | 1.6% | -17.7% |
| 2013 | 1.6% | +5.3% |
| 2014 | 2.0% | +23.7% |
| 2015 | 2.3% | +13.1% |
| 2016 | 2.5% | +7.8% |
| 2017 | 2.8% | +13.1% |
| 2018 | 3.7% | +30.7% |
| 2019 | 4.6% | +24.1% |
| 2020 | 7.5% | +65.3% |
| 2021 | 9.4% | +25.0% |
| 2022 | 10.5% | +12.1% |
| 2023 | 15.6% | +48.0% |
| 2024 | 6.3% | -59.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | -0.2% | 1.2% | 10 |
| 1980s | 0.2% | -1.0% | 0.8% | 10 |
| 1990s | 0.9% | -0.1% | 3.0% | 10 |
| 2000s | 1.7% | 0.7% | 2.7% | 10 |
| 2010s | 2.5% | 1.6% | 4.6% | 10 |
| 2020s | 9.9% | 6.3% | 15.6% | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 130,917 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 18.6 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2615 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 511.11 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 13.82 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 152.16 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 297,430 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 16.68 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment, net inflows as share of gdp in Senegal?
- Foreign direct investment, net inflows as share of gdp in Senegal was 6.3% in 2024, according to IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data.
- What is the highest foreign direct investment, net inflows as share of gdp recorded in Senegal?
- The highest recorded value was 15.6% in 2023.
- What is the lowest foreign direct investment, net inflows as share of gdp recorded in Senegal?
- The lowest recorded value was -1.0% in 1983.
- How does Senegal rank for foreign direct investment, net inflows as share of gdp?
- Senegal ranks 33rd out of 198 countries with data for 2024.
- Is foreign direct investment, net inflows as share of gdp rising or falling in Senegal?
- Over the last ten years it is up 207.8%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data, published as part of Foreign direct investment, net inflows as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Net inflows of foreign direct investment from foreign investors to the reporting economy.