Gross capital formation in Senegal
Senegal: Gross capital formation was 26.9% in 2025. ▲ Rising
Gross capital formation in Senegal, 1965–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Senegal is 26.9%, measured in 2025.
Compared with earlier readings it is down 22.6% on the previous year and up 4.0% over ten years.
Over the whole period, gross capital formation in Senegal peaked at 44.9% in 2022 and was at its lowest, 5.7%, in 1965.
Senegal ranks 57th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Gross capital formation in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 5.7% | — |
| 1966 | 8.5% | +49.5% |
| 1967 | 9.9% | +16.4% |
| 1968 | 7.3% | -26.0% |
| 1969 | 8.2% | +11.2% |
| 1970 | 9.5% | +16.8% |
| 1971 | 10.2% | +6.7% |
| 1972 | 10.3% | +1.5% |
| 1973 | 10.7% | +4.0% |
| 1974 | 12.2% | +13.4% |
| 1975 | 11.2% | -8.3% |
| 1976 | 10.3% | -7.6% |
| 1977 | 9.9% | -3.7% |
| 1978 | 10.5% | +5.3% |
| 1979 | 11.3% | +7.6% |
| 1980 | 12.0% | +6.4% |
| 1981 | 12.7% | +6.1% |
| 1982 | 16.8% | +32.2% |
| 1983 | 17.0% | +0.8% |
| 1984 | 16.5% | -3.0% |
| 1985 | 15.3% | -7.3% |
| 1986 | 11.1% | -27.4% |
| 1987 | 12.4% | +12.1% |
| 1988 | 13.9% | +11.7% |
| 1989 | 13.6% | -1.7% |
| 1990 | 14.6% | +7.1% |
| 1991 | 14.7% | +0.7% |
| 1992 | 15.3% | +4.4% |
| 1993 | 14.7% | -4.4% |
| 1994 | 17.1% | +16.9% |
| 1995 | 15.3% | -10.7% |
| 1996 | 16.4% | +7.1% |
| 1997 | 15.8% | -3.3% |
| 1998 | 18.7% | +18.3% |
| 1999 | 22.0% | +17.4% |
| 2000 | 22.4% | +1.6% |
| 2001 | 25.6% | +14.3% |
| 2002 | 23.1% | -9.6% |
| 2003 | 23.9% | +3.5% |
| 2004 | 23.6% | -1.2% |
| 2005 | 24.6% | +4.0% |
| 2006 | 22.4% | -8.8% |
| 2007 | 24.6% | +9.8% |
| 2008 | 26.2% | +6.5% |
| 2009 | 20.4% | -22.2% |
| 2010 | 20.1% | -1.5% |
| 2011 | 21.0% | +4.5% |
| 2012 | 24.6% | +17.3% |
| 2013 | 24.1% | -2.3% |
| 2014 | 25.9% | +7.5% |
| 2015 | 25.8% | -0.2% |
| 2016 | 25.4% | -1.8% |
| 2017 | 29.8% | +17.4% |
| 2018 | 32.6% | +9.6% |
| 2019 | 32.0% | -2.1% |
| 2020 | 35.6% | +11.5% |
| 2021 | 38.4% | +7.6% |
| 2022 | 44.9% | +17.1% |
| 2023 | 42.3% | -5.8% |
| 2024 | 34.7% | -17.9% |
| 2025 | 26.9% | -22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 5.7% | 9.9% | 5 |
| 1970s | 10.6% | 9.5% | 12.2% | 10 |
| 1980s | 14.1% | 11.1% | 17.0% | 10 |
| 1990s | 16.5% | 14.6% | 22.0% | 10 |
| 2000s | 23.7% | 20.4% | 26.2% | 10 |
| 2010s | 26.1% | 20.1% | 32.6% | 10 |
| 2020s | 37.1% | 26.9% | 44.9% | 6 |
Countries ranked near Senegal
- 54 Brunei Darussalam 27.1% compare
- 55 Belarus 27.1% compare
- 56 Montenegro 26.9% compare
- 58 Bahamas 26.8% compare
- 59 Czechia 26.8% compare
- 60 United Arab Emirates 26.6% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.4726 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3272 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 639.61 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 59.42 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 61.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 21.14 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 99.42 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 194,329 current LCU per person (2025)
Frequently asked questions
- What is gross capital formation in Senegal?
- Gross capital formation in Senegal was 26.9% 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 44.9% in 2022.
- What is the lowest gross capital formation recorded in Senegal?
- The lowest recorded value was 5.7% in 1965.
- How does Senegal rank for gross capital formation?
- Senegal ranks 57th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Senegal?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.