Gross Fixed Capital Formation — Value US$ (US Value) in Senegal
Senegal: Gross Fixed Capital Formation — Value US$ (US Value) was 10,589 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Senegal, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Senegal stood at 10,589 million USD.
That represents a change of down 4.7% on the previous year and up 125.7% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Senegal peaked at 11,116 million USD in 2023 and was at its lowest, 145.71 million USD, in 1970.
That places Senegal 106th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ (US Value) in Senegal, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 145.71 million USD | — |
| 1971 | 152.12 million USD | +4.4% |
| 1972 | 199.76 million USD | +31.3% |
| 1973 | 238.52 million USD | +19.4% |
| 1974 | 288.91 million USD | +21.1% |
| 1975 | 354.56 million USD | +22.7% |
| 1976 | 344.97 million USD | -2.7% |
| 1977 | 339.89 million USD | -1.5% |
| 1978 | 399.8 million USD | +17.6% |
| 1979 | 521.3 million USD | +30.4% |
| 1980 | 635.68 million USD | +21.9% |
| 1981 | 505.63 million USD | -20.5% |
| 1982 | 508.17 million USD | +0.5% |
| 1983 | 521.85 million USD | +2.7% |
| 1984 | 465.89 million USD | -10.7% |
| 1985 | 481.36 million USD | +3.3% |
| 1986 | 727.76 million USD | +51.2% |
| 1987 | 924.61 million USD | +27.0% |
| 1988 | 1,030 million USD | +11.4% |
| 1989 | 997.99 million USD | -3.1% |
| 1990 | 1,196 million USD | +19.9% |
| 1991 | 1,206 million USD | +0.8% |
| 1992 | 1,369 million USD | +13.5% |
| 1993 | 1,189 million USD | -13.1% |
| 1994 | 864.23 million USD | -27.3% |
| 1995 | 1,101 million USD | +27.4% |
| 1996 | 1,230 million USD | +11.7% |
| 1997 | 1,069 million USD | -13.1% |
| 1998 | 1,287 million USD | +20.4% |
| 1999 | 1,221 million USD | -5.1% |
| 2000 | 1,170 million USD | -4.2% |
| 2001 | 1,248 million USD | +6.6% |
| 2002 | 1,448 million USD | +16.0% |
| 2003 | 1,547 million USD | +6.8% |
| 2004 | 1,786 million USD | +15.5% |
| 2005 | 2,039 million USD | +14.1% |
| 2006 | 2,508 million USD | +23.0% |
| 2007 | 2,977 million USD | +18.7% |
| 2008 | 3,843 million USD | +29.1% |
| 2009 | 3,247 million USD | -15.5% |
| 2010 | 3,021 million USD | -7.0% |
| 2011 | 3,784 million USD | +25.3% |
| 2012 | 3,695 million USD | -2.4% |
| 2013 | 4,236 million USD | +14.6% |
| 2014 | 4,691 million USD | +10.7% |
| 2015 | 4,128 million USD | -12.0% |
| 2016 | 4,593 million USD | +11.3% |
| 2017 | 5,464 million USD | +19.0% |
| 2018 | 6,593 million USD | +20.7% |
| 2019 | 6,986 million USD | +6.0% |
| 2020 | 7,524 million USD | +7.7% |
| 2021 | 9,412 million USD | +25.1% |
| 2022 | 9,881 million USD | +5.0% |
| 2023 | 11,116 million USD | +12.5% |
| 2024 | 10,589 million USD | -4.7% |
Senegal compared with similar countries
- Senegal's 10,589 million USD is above the median for lower middle income countries, which is 5,205 million USD, 2.0× the median. (44 countries reporting)
- Senegal's 10,589 million USD is above the median for Sub-Saharan Africa, which is 3,840 million USD, 2.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 298.55 million USD | 145.71 million USD | 521.3 million USD | 10 |
| 1980s | 679.85 million USD | 465.89 million USD | 1,030 million USD | 10 |
| 1990s | 1,173 million USD | 864.23 million USD | 1,369 million USD | 10 |
| 2000s | 2,181 million USD | 1,170 million USD | 3,843 million USD | 10 |
| 2010s | 4,719 million USD | 3,021 million USD | 6,986 million USD | 10 |
| 2020s | 9,704 million USD | 7,524 million USD | 11,116 million USD | 5 |
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 fixed capital formation — value us$ in Senegal?
- Gross fixed capital formation — value us$ in Senegal was 10,589 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Senegal?
- The highest recorded value was 11,116 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in Senegal?
- The lowest recorded value was 145.71 million USD in 1970.
- How does Senegal rank for gross fixed capital formation — value us$?
- Senegal ranks 106th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Senegal?
- Over the last ten years it is up 125.7%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).