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

Senegal: Gross Fixed Capital Formation — Value Standard Local Currency, per was 35.02 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
35.02 million SLC per square kilometre
Change on year
up 9.4%
World rank
35th
of 194 countries
All-time high
35.02 million SLC per square kilometre
in 2023
All-time low
0.2092 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, per in Senegal, 1970–2023

010203040197019962023

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

Analysis

Senegal recorded 35.02 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 9.4% on the previous year and up 222.3% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Senegal peaked at 35.02 million SLC per square kilometre in 2023 and was at its lowest, 0.2092 million SLC per square kilometre, in 1970.

That places Senegal 35th out of 194 countries with data for 2023, putting it 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 square kilometre in Senegal, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.2092 million SLC per square kilometre
1971 0.2176 million SLC per square kilometre +4.0%
1972 0.2615 million SLC per square kilometre +20.2%
1973 0.2761 million SLC per square kilometre +5.6%
1974 0.3612 million SLC per square kilometre +30.8%
1975 0.3947 million SLC per square kilometre +9.3%
1976 0.4281 million SLC per square kilometre +8.5%
1977 0.4337 million SLC per square kilometre +1.3%
1978 0.4686 million SLC per square kilometre +8.0%
1979 0.576 million SLC per square kilometre +22.9%
1980 0.6976 million SLC per square kilometre +21.1%
1981 0.7136 million SLC per square kilometre +2.3%
1982 0.8673 million SLC per square kilometre +21.5%
1983 1.03 million SLC per square kilometre +19.1%
1984 1.06 million SLC per square kilometre +2.4%
1985 1.12 million SLC per square kilometre +6.2%
1986 1.31 million SLC per square kilometre +16.5%
1987 1.44 million SLC per square kilometre +10.3%
1988 1.59 million SLC per square kilometre +10.4%
1989 1.65 million SLC per square kilometre +3.8%
1990 1.69 million SLC per square kilometre +2.3%
1991 1.77 million SLC per square kilometre +4.5%
1992 1.88 million SLC per square kilometre +6.5%
1993 1.75 million SLC per square kilometre -7.1%
1994 2.49 million SLC per square kilometre +42.5%
1995 2.85 million SLC per square kilometre +14.5%
1996 3.27 million SLC per square kilometre +14.5%
1997 3.24 million SLC per square kilometre -0.8%
1998 3.94 million SLC per square kilometre +21.7%
1999 3.9 million SLC per square kilometre -1.0%
2000 4.32 million SLC per square kilometre +10.6%
2001 4.75 million SLC per square kilometre +10.0%
2002 5.22 million SLC per square kilometre +9.9%
2003 4.66 million SLC per square kilometre -10.7%
2004 4.89 million SLC per square kilometre +5.0%
2005 5.58 million SLC per square kilometre +14.1%
2006 6.8 million SLC per square kilometre +21.9%
2007 7.4 million SLC per square kilometre +8.8%
2008 8.9 million SLC per square kilometre +20.3%
2009 7.93 million SLC per square kilometre -10.9%
2010 7.76 million SLC per square kilometre -2.1%
2011 9.26 million SLC per square kilometre +19.3%
2012 9.8 million SLC per square kilometre +5.8%
2013 10.87 million SLC per square kilometre +10.9%
2014 12.03 million SLC per square kilometre +10.7%
2015 12.68 million SLC per square kilometre +5.4%
2016 14.14 million SLC per square kilometre +11.5%
2017 16.48 million SLC per square kilometre +16.6%
2018 19.02 million SLC per square kilometre +15.4%
2019 21.26 million SLC per square kilometre +11.8%
2020 22.49 million SLC per square kilometre +5.8%
2021 27.11 million SLC per square kilometre +20.5%
2022 32.01 million SLC per square kilometre +18.1%
2023 35.02 million SLC per square kilometre +9.4%

Senegal compared with similar countries

  • Senegal's 35.02 million SLC per square kilometre is above the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 8.7× the median. (44 countries reporting)
  • Senegal's 35.02 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 8.9× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.3627 million SLC per square kilometre 0.2092 million SLC per square kilometre 0.576 million SLC per square kilometre 10
1980s 1.15 million SLC per square kilometre 0.6976 million SLC per square kilometre 1.65 million SLC per square kilometre 10
1990s 2.68 million SLC per square kilometre 1.69 million SLC per square kilometre 3.94 million SLC per square kilometre 10
2000s 6.05 million SLC per square kilometre 4.32 million SLC per square kilometre 8.9 million SLC per square kilometre 10
2010s 13.33 million SLC per square kilometre 7.76 million SLC per square kilometre 21.26 million SLC per square kilometre 10
2020s 29.16 million SLC per square kilometre 22.49 million SLC per square kilometre 35.02 million SLC per square kilometre 4

Countries ranked near Senegal

  1. 32 Benin 42.41 million SLC per square kilometre compare
  2. 33 French Polynesia 39.79 million SLC per square kilometre compare
  3. 34 Cote d'Ivoire 38.28 million SLC per square kilometre compare
  4. 36 India 32.11 million SLC per square kilometre compare
  5. 37 Equatorial Guinea 28.29 million SLC per square kilometre compare
  6. 38 Sint Maarten (Dutch part) 27.7 million SLC per square kilometre 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 35.02 million SLC per square kilometre in 2023, 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 35.02 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Senegal?
The lowest recorded value was 0.2092 million SLC per square kilometre in 1970.
How does Senegal rank for gross fixed capital formation — value standard local currency, per?
Senegal ranks 35th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Senegal?
Over the last ten years it is up 222.3%. 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 square kilometre. 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-square-kilometre/senegal/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)

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 square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

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