Gross domestic savings (% of GDP) in Senegal
Senegal: Gross domestic savings (% of GDP) was 20.8% in 2025. ▲ Rising
Gross domestic savings in Senegal, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Senegal is 20.8%, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 19.1% on the previous year and up 58.9% over ten years.
Over the whole period, gross domestic savings in Senegal peaked at 20.8% in 2025 and was at its lowest, 1.9%, in 1993.
That places Senegal 91st out of 188 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic savings (% of GDP) in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.5% | — |
| 1961 | 14.2% | -1.5% |
| 1962 | 12.3% | -13.4% |
| 1963 | 12.5% | +1.8% |
| 1964 | 12.5% | -0.2% |
| 1965 | 15.0% | +19.8% |
| 1966 | 15.6% | +3.9% |
| 1967 | 17.1% | +9.7% |
| 1968 | 9.7% | -43.3% |
| 1969 | 10.7% | +9.9% |
| 1970 | 16.2% | +52.0% |
| 1971 | 14.0% | -13.7% |
| 1972 | 17.4% | +24.8% |
| 1973 | 13.6% | -21.8% |
| 1974 | 20.4% | +49.5% |
| 1975 | 17.0% | -16.4% |
| 1976 | 13.4% | -21.3% |
| 1977 | 13.6% | +1.1% |
| 1978 | 8.5% | -37.4% |
| 1979 | 8.7% | +2.5% |
| 1980 | 3.0% | -65.2% |
| 1981 | 6.0% | +99.4% |
| 1982 | 6.4% | +6.6% |
| 1983 | 3.7% | -42.2% |
| 1984 | 4.6% | +23.8% |
| 1985 | 6.3% | +36.2% |
| 1986 | 3.9% | -37.6% |
| 1987 | 7.3% | +86.5% |
| 1988 | 4.0% | -45.1% |
| 1989 | 3.9% | -3.5% |
| 1990 | 3.2% | -18.0% |
| 1991 | 3.5% | +11.3% |
| 1992 | 3.1% | -10.6% |
| 1993 | 1.9% | -40.8% |
| 1994 | 4.7% | +153.4% |
| 1995 | 7.9% | +66.4% |
| 1996 | 6.6% | -16.6% |
| 1997 | 9.0% | +37.3% |
| 1998 | 9.4% | +4.1% |
| 1999 | 10.5% | +12.5% |
| 2000 | 9.2% | -12.5% |
| 2001 | 11.3% | +22.0% |
| 2002 | 9.2% | -18.2% |
| 2003 | 9.5% | +3.7% |
| 2004 | 8.2% | -14.3% |
| 2005 | 9.3% | +13.5% |
| 2006 | 6.8% | -26.9% |
| 2007 | 6.5% | -4.8% |
| 2008 | 5.2% | -20.1% |
| 2009 | 6.9% | +33.4% |
| 2010 | 7.6% | +10.4% |
| 2011 | 6.0% | -20.6% |
| 2012 | 7.6% | +26.0% |
| 2013 | 8.1% | +7.1% |
| 2014 | 11.0% | +35.1% |
| 2015 | 13.1% | +18.9% |
| 2016 | 14.4% | +9.9% |
| 2017 | 15.9% | +10.5% |
| 2018 | 16.8% | +5.5% |
| 2019 | 17.7% | +5.6% |
| 2020 | 17.0% | -4.0% |
| 2021 | 18.3% | +7.5% |
| 2022 | 18.9% | +3.6% |
| 2023 | 16.9% | -10.5% |
| 2024 | 17.5% | +3.1% |
| 2025 | 20.8% | +19.1% |
Senegal compared with similar countries
- Senegal's 20.8% is above the median for lower middle income countries, which is 12.2%, 1.7× the median. (45 countries reporting)
- Senegal's 20.8% is above the median for Sub-Saharan Africa, which is 14.7%, 1.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.4% | 9.7% | 17.1% | 10 |
| 1970s | 14.3% | 8.5% | 20.4% | 10 |
| 1980s | 4.9% | 3.0% | 7.3% | 10 |
| 1990s | 6.0% | 1.9% | 10.5% | 10 |
| 2000s | 8.2% | 5.2% | 11.3% | 10 |
| 2010s | 11.8% | 6.0% | 17.7% | 10 |
| 2020s | 18.2% | 16.9% | 20.8% | 6 |
Countries ranked near Senegal
More economy & growth data for Senegal
- Real gdp growth, annual growth rate 44.3 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -94.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.5431 units per person (2025)
- SDRs holdings, SDR, annual growth rate -94.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.3965 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.89 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Senegal?
- Gross domestic savings in Senegal was 20.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Senegal?
- The highest recorded value was 20.8% in 2025.
- What is the lowest gross domestic savings recorded in Senegal?
- The lowest recorded value was 1.9% in 1993.
- How does Senegal rank for gross domestic savings?
- Senegal ranks 91st out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Senegal?
- Over the last ten years it is up 58.9%. 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 domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.