Gross fixed capital formation in Senegal
Senegal: Gross fixed capital formation was 28.7% in 2025. ▲ Rising
Gross fixed 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 fixed capital formation in Senegal is 28.7%, measured in 2025.
The figure is down 7.8% on the previous year and up 24.8% over ten years.
Over the whole period, gross fixed capital formation in Senegal peaked at 35.3% in 2023 and was at its lowest, 5.7%, in 1965.
That places Senegal 34th out of 180 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 61 years of available data.
Gross fixed 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 | 18.3% | -2.4% |
| 2000 | 19.2% | +5.1% |
| 2001 | 19.0% | -1.4% |
| 2002 | 20.4% | +7.8% |
| 2003 | 17.4% | -14.8% |
| 2004 | 17.5% | +0.5% |
| 2005 | 18.3% | +4.6% |
| 2006 | 21.2% | +16.0% |
| 2007 | 21.1% | -0.7% |
| 2008 | 22.6% | +7.2% |
| 2009 | 19.9% | -11.9% |
| 2010 | 18.5% | -6.9% |
| 2011 | 21.0% | +13.5% |
| 2012 | 20.7% | -1.5% |
| 2013 | 22.2% | +7.1% |
| 2014 | 23.5% | +5.9% |
| 2015 | 23.0% | -2.0% |
| 2016 | 23.9% | +4.0% |
| 2017 | 25.8% | +8.0% |
| 2018 | 28.3% | +9.6% |
| 2019 | 29.7% | +4.7% |
| 2020 | 30.5% | +2.7% |
| 2021 | 34.0% | +11.5% |
| 2022 | 34.8% | +2.3% |
| 2023 | 35.3% | +1.7% |
| 2024 | 31.1% | -11.9% |
| 2025 | 28.7% | -7.8% |
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 | 16.1% | 14.6% | 18.7% | 10 |
| 2000s | 19.7% | 17.4% | 22.6% | 10 |
| 2010s | 23.7% | 18.5% | 29.7% | 10 |
| 2020s | 32.4% | 28.7% | 35.3% | 6 |
Countries ranked near Senegal
- 31 Democratic Republic of Congo 28.8% compare
- 32 Samoa 28.8% compare
- 33 Indonesia 28.8% compare
- 35 Bangladesh 28.5% compare
- 36 South Korea 28.3% compare
- 37 Botswana 28.2% 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)
- Industry (including construction), value added (constant 2015 US$) 16.68 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2188 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 427.68 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 16.68 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 129.67 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 253,471 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.6 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4633 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Senegal?
- Gross fixed capital formation in Senegal was 28.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Senegal?
- The highest recorded value was 35.3% in 2023.
- What is the lowest gross fixed capital formation recorded in Senegal?
- The lowest recorded value was 5.7% in 1965.
- How does Senegal rank for gross fixed capital formation?
- Senegal ranks 34th out of 180 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Senegal?
- Over the last ten years it is up 24.8%. 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 fixed capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.