Gross capital formation in Senegal
Senegal: Gross capital formation was 10.62 billion constant 2015 US$ in 2025. ◆ Volatile
Gross capital formation in Senegal, 1965–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Senegal is 10.62 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is down 5.6% on the previous year and up 131.2% over ten years.
Over the whole period, gross capital formation in Senegal peaked at 11.72 billion constant 2015 US$ in 2023 and was at its lowest, 487.07 million constant 2015 US$, in 1966.
Senegal ranks 82nd of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Senegal, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 573.17 million constant 2015 US$ | — |
| 1966 | 487.07 million constant 2015 US$ | -15.0% |
| 1967 | 529.39 million constant 2015 US$ | +8.7% |
| 1968 | 567.70 million constant 2015 US$ | +7.2% |
| 1969 | 595.07 million constant 2015 US$ | +4.8% |
| 1970 | 722.77 million constant 2015 US$ | +21.5% |
| 1971 | 761.07 million constant 2015 US$ | +5.3% |
| 1972 | 891.93 million constant 2015 US$ | +17.2% |
| 1973 | 836.07 million constant 2015 US$ | -6.3% |
| 1974 | 857.46 million constant 2015 US$ | +2.6% |
| 1975 | 898.02 million constant 2015 US$ | +4.7% |
| 1976 | 842.05 million constant 2015 US$ | -6.2% |
| 1977 | 786.61 million constant 2015 US$ | -6.6% |
| 1978 | 728.17 million constant 2015 US$ | -7.4% |
| 1979 | 737.47 million constant 2015 US$ | +1.3% |
| 1980 | 930.72 million constant 2015 US$ | +26.2% |
| 1981 | 1.36 billion constant 2015 US$ | +46.0% |
| 1982 | 964.18 million constant 2015 US$ | -29.0% |
| 1983 | 679.30 million constant 2015 US$ | -29.5% |
| 1984 | 992.98 million constant 2015 US$ | +46.2% |
| 1985 | 1.39 billion constant 2015 US$ | +39.6% |
| 1986 | 1.13 billion constant 2015 US$ | -18.2% |
| 1987 | 1.24 billion constant 2015 US$ | +9.3% |
| 1988 | 1.05 billion constant 2015 US$ | -15.4% |
| 1989 | 832.15 million constant 2015 US$ | -20.6% |
| 1990 | 1.06 billion constant 2015 US$ | +27.1% |
| 1991 | 1.21 billion constant 2015 US$ | +14.6% |
| 1992 | 1.29 billion constant 2015 US$ | +6.5% |
| 1993 | 1.21 billion constant 2015 US$ | -6.6% |
| 1994 | 693.81 million constant 2015 US$ | -42.4% |
| 1995 | 924.77 million constant 2015 US$ | +33.3% |
| 1996 | 919.93 million constant 2015 US$ | -0.5% |
| 1997 | 1.22 billion constant 2015 US$ | +32.5% |
| 1998 | 1.23 billion constant 2015 US$ | +1.2% |
| 1999 | 1.52 billion constant 2015 US$ | +23.1% |
| 2000 | 1.45 billion constant 2015 US$ | -4.6% |
| 2001 | 2.06 billion constant 2015 US$ | +42.3% |
| 2002 | 1.59 billion constant 2015 US$ | -22.8% |
| 2003 | 2.13 billion constant 2015 US$ | +33.6% |
| 2004 | 2.11 billion constant 2015 US$ | -0.7% |
| 2005 | 2.48 billion constant 2015 US$ | +17.6% |
| 2006 | 2.37 billion constant 2015 US$ | -4.7% |
| 2007 | 2.67 billion constant 2015 US$ | +12.8% |
| 2008 | 2.53 billion constant 2015 US$ | -5.2% |
| 2009 | 2.50 billion constant 2015 US$ | -1.5% |
| 2010 | 2.64 billion constant 2015 US$ | +5.6% |
| 2011 | 2.78 billion constant 2015 US$ | +5.6% |
| 2012 | 2.99 billion constant 2015 US$ | +7.5% |
| 2013 | 3.40 billion constant 2015 US$ | +13.5% |
| 2014 | 4.11 billion constant 2015 US$ | +21.0% |
| 2015 | 4.59 billion constant 2015 US$ | +11.7% |
| 2016 | 5.17 billion constant 2015 US$ | +12.7% |
| 2017 | 6.56 billion constant 2015 US$ | +26.9% |
| 2018 | 7.38 billion constant 2015 US$ | +12.4% |
| 2019 | 7.47 billion constant 2015 US$ | +1.3% |
| 2020 | 8.73 billion constant 2015 US$ | +16.8% |
| 2021 | 9.73 billion constant 2015 US$ | +11.5% |
| 2022 | 11.39 billion constant 2015 US$ | +17.0% |
| 2023 | 11.72 billion constant 2015 US$ | +2.9% |
| 2024 | 11.25 billion constant 2015 US$ | -4.0% |
| 2025 | 10.62 billion constant 2015 US$ | -5.6% |
Senegal compared with similar countries
- Senegal's 10.62 billion constant 2015 US$ is above the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 2.0× the median. (42 countries reporting)
- Senegal's 10.62 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.33 billion constant 2015 US$, 2.5× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 550.48 million constant 2015 US$ | 487.07 million constant 2015 US$ | 595.07 million constant 2015 US$ | 5 |
| 1970s | 806.16 million constant 2015 US$ | 722.77 million constant 2015 US$ | 898.02 million constant 2015 US$ | 10 |
| 1980s | 1.06 billion constant 2015 US$ | 679.30 million constant 2015 US$ | 1.39 billion constant 2015 US$ | 10 |
| 1990s | 1.13 billion constant 2015 US$ | 693.81 million constant 2015 US$ | 1.52 billion constant 2015 US$ | 10 |
| 2000s | 2.19 billion constant 2015 US$ | 1.45 billion constant 2015 US$ | 2.67 billion constant 2015 US$ | 10 |
| 2010s | 4.71 billion constant 2015 US$ | 2.64 billion constant 2015 US$ | 7.47 billion constant 2015 US$ | 10 |
| 2020s | 10.57 billion constant 2015 US$ | 8.73 billion constant 2015 US$ | 11.72 billion constant 2015 US$ | 6 |
Countries ranked near Senegal
- 79 Bahrain 12.01 billion constant 2015 US$ compare
- 80 Nepal 11.89 billion constant 2015 US$ compare
- 81 Uruguay 11.23 billion constant 2015 US$ compare
- 83 Luxembourg 10.51 billion constant 2015 US$ compare
- 84 Latvia 10.20 billion constant 2015 US$ compare
- 85 Gabon 9.83 billion constant 2015 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$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Senegal?
- Gross capital formation in Senegal was 10.62 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Senegal?
- The highest recorded value was 11.72 billion constant 2015 US$ in 2023.
- What is the lowest gross capital formation recorded in Senegal?
- The lowest recorded value was 487.07 million constant 2015 US$ in 1966.
- How does Senegal rank for gross capital formation?
- Senegal ranks 82nd out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Senegal?
- Over the last ten years it is up 131.2%. 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 Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.