Foreign direct investment, net inflows in Senegal
Senegal: Foreign direct investment, net inflows was 6.3% in 2024. ◆ Volatile
Foreign direct investment, net inflows in Senegal, 1970–2024
Source: International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, foreign direct investment, net inflows in Senegal stood at 6.3%.
That represents a change of down 59.8% on the previous year and up 207.8% over ten years.
Over the whole period, foreign direct investment, net inflows in Senegal peaked at 15.6% in 2023 and was at its lowest, -1.0%, in 1983.
Senegal ranks 35th of 200 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 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)
- Gross capital formation (constant 2015 US$), annual growth rate -5.6 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2869 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 560.87 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 3.81 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 754.14 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate -0.3747 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 224.51 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is foreign direct investment, net inflows in Senegal?
- Foreign direct investment, net inflows in Senegal was 6.3% in 2024, according to International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF).
- What is the highest foreign direct investment, net inflows recorded in Senegal?
- The highest recorded value was 15.6% in 2023.
- What is the lowest foreign direct investment, net inflows recorded in Senegal?
- The lowest recorded value was -1.0% in 1983.
- How does Senegal rank for foreign direct investment, net inflows?
- Senegal ranks 35th out of 200 countries with data for 2024.
- Is foreign direct investment, net inflows 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 International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF), published as part of Foreign direct investment, net inflows (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Foreign direct investment is the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.