Foreign direct investment, net outflows in Senegal
Senegal: Foreign direct investment, net outflows was 0.1% in 2024. ◆ Volatile
Foreign direct investment, net outflows in Senegal, 1974–2024
Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Measured in % of GDP.
Analysis
Senegal recorded 0.1% for foreign direct investment, net outflows in 2024.
That represents a change of down 35.1% on the previous year and up 7.7% over ten years.
Over the whole period, foreign direct investment, net outflows in Senegal peaked at 1.2% in 2016 and was at its lowest, -0.3%, in 1991.
That places Senegal 121st out of 191 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net outflows in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.2% | — |
| 1975 | -0.2% | -257.0% |
| 1976 | -0.0% | -94.6% |
| 1977 | 0.1% | -849.5% |
| 1978 | 0.0% | -84.9% |
| 1979 | 0.1% | +550.5% |
| 1980 | 0.0% | -64.2% |
| 1981 | 0.4% | +940.4% |
| 1982 | 0.4% | +24.2% |
| 1983 | -0.0% | -110.0% |
| 1984 | 0.1% | -218.6% |
| 1985 | 0.1% | +53.4% |
| 1986 | -0.1% | -205.7% |
| 1987 | -0.0% | -66.7% |
| 1988 | 0.2% | -846.7% |
| 1989 | 0.1% | -37.1% |
| 1990 | -0.1% | -195.8% |
| 1991 | -0.3% | +104.2% |
| 1992 | 0.7% | -350.5% |
| 1993 | 0.0% | -99.3% |
| 1994 | 0.3% | +7911.3% |
| 1995 | -0.1% | -115.2% |
| 1996 | 0.1% | -308.6% |
| 1997 | 0.0% | -71.1% |
| 1998 | 0.2% | +422.8% |
| 1999 | 0.3% | +77.8% |
| 2000 | 0.3% | +8.3% |
| 2001 | 0.1% | -70.8% |
| 2002 | 0.5% | +488.6% |
| 2003 | 0.4% | -24.0% |
| 2004 | 0.7% | +75.0% |
| 2005 | 1.1% | +44.0% |
| 2006 | 0.7% | -35.5% |
| 2007 | 0.6% | -17.3% |
| 2008 | 1.1% | +94.2% |
| 2009 | 0.5% | -50.1% |
| 2010 | 0.0% | -90.9% |
| 2011 | 0.3% | +440.1% |
| 2012 | 0.3% | +18.8% |
| 2013 | 0.2% | -44.4% |
| 2014 | 0.1% | -21.3% |
| 2015 | 0.2% | +27.2% |
| 2016 | 1.2% | +566.3% |
| 2017 | 0.4% | -66.6% |
| 2018 | 0.2% | -41.9% |
| 2019 | 0.3% | +32.9% |
| 2020 | 0.4% | +33.2% |
| 2021 | 0.2% | -53.6% |
| 2022 | 0.3% | +34.4% |
| 2023 | 0.2% | -8.7% |
| 2024 | 0.1% | -35.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | -0.2% | 0.2% | 6 |
| 1980s | 0.1% | -0.1% | 0.4% | 10 |
| 1990s | 0.1% | -0.3% | 0.7% | 10 |
| 2000s | 0.6% | 0.1% | 1.1% | 10 |
| 2010s | 0.3% | 0.0% | 1.2% | 10 |
| 2020s | 0.2% | 0.1% | 0.4% | 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 outflows in Senegal?
- Foreign direct investment, net outflows in Senegal was 0.1% in 2024, according to Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D.
- What is the highest foreign direct investment, net outflows recorded in Senegal?
- The highest recorded value was 1.2% in 2016.
- What is the lowest foreign direct investment, net outflows recorded in Senegal?
- The lowest recorded value was -0.3% in 1991.
- How does Senegal rank for foreign direct investment, net outflows?
- Senegal ranks 121st out of 191 countries with data for 2024.
- Is foreign direct investment, net outflows rising or falling in Senegal?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as part of Foreign direct investment, net outflows (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.