Gross Fixed Capital Formation — Value Standard Local Currency, per in Senegal

Senegal: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.347 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.347 million SLC per person
Change on year
down 7.0%
World rank
36th
of 194 countries
All-time high
0.373 million SLC per person
in 2023
All-time low
0.009 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, per in Senegal, 1970–2024

00.10.20.30.4197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

Senegal recorded 0.347 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024.

That represents a change of down 7.0% on the previous year and up 112.0% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Senegal peaked at 0.373 million SLC per person in 2023 and was at its lowest, 0.009 million SLC per person, in 1970.

Senegal ranks 36th of 194 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, per in Senegal, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per capita in Senegal, 1970 to 2024.
Year million SLC per person Change
1970 0.009 million SLC per person
1971 0.0091 million SLC per person +0.9%
1972 0.0106 million SLC per person +16.6%
1973 0.0109 million SLC per person +2.5%
1974 0.0138 million SLC per person +27.1%
1975 0.0147 million SLC per person +6.3%
1976 0.0155 million SLC per person +5.7%
1977 0.0154 million SLC per person -1.1%
1978 0.0162 million SLC per person +5.5%
1979 0.0194 million SLC per person +20.0%
1980 0.023 million SLC per person +18.2%
1981 0.0229 million SLC per person -0.3%
1982 0.0271 million SLC per person +18.4%
1983 0.0314 million SLC per person +15.9%
1984 0.0313 million SLC per person -0.4%
1985 0.0324 million SLC per person +3.3%
1986 0.0366 million SLC per person +13.2%
1987 0.0392 million SLC per person +7.1%
1988 0.0421 million SLC per person +7.2%
1989 0.0424 million SLC per person +0.9%
1990 0.0422 million SLC per person -0.6%
1991 0.0428 million SLC per person +1.6%
1992 0.0444 million SLC per person +3.6%
1993 0.0401 million SLC per person -9.6%
1994 0.0556 million SLC per person +38.7%
1995 0.0621 million SLC per person +11.6%
1996 0.0694 million SLC per person +11.7%
1997 0.0672 million SLC per person -3.2%
1998 0.0799 million SLC per person +18.9%
1999 0.0773 million SLC per person -3.3%
2000 0.0834 million SLC per person +7.9%
2001 0.0895 million SLC per person +7.3%
2002 0.096 million SLC per person +7.2%
2003 0.0837 million SLC per person -12.8%
2004 0.0858 million SLC per person +2.6%
2005 0.0957 million SLC per person +11.5%
2006 0.1139 million SLC per person +19.1%
2007 0.1211 million SLC per person +6.3%
2008 0.1422 million SLC per person +17.5%
2009 0.1238 million SLC per person -13.0%
2010 0.1183 million SLC per person -4.4%
2011 0.1376 million SLC per person +16.3%
2012 0.1417 million SLC per person +3.0%
2013 0.1526 million SLC per person +7.7%
2014 0.1637 million SLC per person +7.3%
2015 0.1672 million SLC per person +2.2%
2016 0.1811 million SLC per person +8.3%
2017 0.205 million SLC per person +13.2%
2018 0.2301 million SLC per person +12.2%
2019 0.2503 million SLC per person +8.8%
2020 0.2579 million SLC per person +3.1%
2021 0.3031 million SLC per person +17.5%
2022 0.3492 million SLC per person +15.2%
2023 0.373 million SLC per person +6.8%
2024 0.347 million SLC per person -7.0%

Senegal compared with similar countries

  • Senegal's 0.347 million SLC per person is above the median for lower middle income countries, which is 0.0501 million SLC per person, 6.9× the median. (44 countries reporting)
  • Senegal's 0.347 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 3.5× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0135 million SLC per person 0.009 million SLC per person 0.0194 million SLC per person 10
1980s 0.0329 million SLC per person 0.0229 million SLC per person 0.0424 million SLC per person 10
1990s 0.0581 million SLC per person 0.0401 million SLC per person 0.0799 million SLC per person 10
2000s 0.1035 million SLC per person 0.0834 million SLC per person 0.1422 million SLC per person 10
2010s 0.1748 million SLC per person 0.1183 million SLC per person 0.2503 million SLC per person 10
2020s 0.326 million SLC per person 0.2579 million SLC per person 0.373 million SLC per person 5

Countries ranked near Senegal

  1. 33 Nigeria 0.3873 million SLC per person compare
  2. 34 Rwanda 0.3833 million SLC per person compare
  3. 35 Benin 0.3667 million SLC per person compare
  4. 37 Serbia 0.3104 million SLC per person compare
  5. 38 Russia 0.3057 million SLC per person compare
  6. 39 Jamaica 0.2688 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Senegal?
Gross fixed capital formation — value standard local currency, per in Senegal was 0.347 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in Senegal?
The highest recorded value was 0.373 million SLC per person in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Senegal?
The lowest recorded value was 0.009 million SLC per person in 1970.
How does Senegal rank for gross fixed capital formation — value standard local currency, per?
Senegal ranks 36th out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, per rising or falling in Senegal?
Over the last ten years it is up 112.0%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in Senegal. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-capita/senegal/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,949 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.