Gross savings (current LCU), annual growth rate in Senegal
Senegal: Gross savings (current LCU), annual growth rate was -2.08 % change on previous year in 2023. ◆ Volatile
Gross savings (current LCU), annual growth rate in Senegal, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross savings (current lcu), annual growth rate in Senegal stood at -2.08 % change on previous year.
Compared with earlier readings it is down 122.3% on the previous year and down 131.9% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Senegal peaked at 422.17 % change on previous year in 1994 and was at its lowest, -59.61 % change on previous year, in 1993.
That places Senegal 145th out of 177 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Senegal, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | -1.12 % change on previous year | — |
| 1976 | -2.06 % change on previous year | +83.5% |
| 1977 | 7.78 % change on previous year | -477.8% |
| 1978 | -34.26 % change on previous year | -540.5% |
| 1979 | 9.92 % change on previous year | -129.0% |
| 1980 | -58.57 % change on previous year | -690.2% |
| 1981 | 149.78 % change on previous year | -355.7% |
| 1982 | 26.93 % change on previous year | -82.0% |
| 1983 | -32.65 % change on previous year | -221.2% |
| 1984 | 6.51 % change on previous year | -119.9% |
| 1985 | 15.42 % change on previous year | +136.9% |
| 1986 | -43.63 % change on previous year | -383.1% |
| 1987 | 135.86 % change on previous year | -411.4% |
| 1988 | -56.34 % change on previous year | -141.5% |
| 1989 | 8.66 % change on previous year | -115.4% |
| 1990 | -5.86 % change on previous year | -167.7% |
| 1991 | 19.32 % change on previous year | -429.6% |
| 1992 | 24.84 % change on previous year | +28.6% |
| 1993 | -59.61 % change on previous year | -340.0% |
| 1994 | 422.17 % change on previous year | -808.2% |
| 1995 | 64.94 % change on previous year | -84.6% |
| 1996 | -0.1287 % change on previous year | -100.2% |
| 1997 | 41.71 % change on previous year | -32518.3% |
| 1998 | 12.65 % change on previous year | -69.7% |
| 1999 | 9.54 % change on previous year | -24.6% |
| 2000 | 2.85 % change on previous year | -70.1% |
| 2001 | 45.19 % change on previous year | +1485.7% |
| 2002 | -9.41 % change on previous year | -120.8% |
| 2003 | 16.63 % change on previous year | -276.7% |
| 2004 | -2.43 % change on previous year | -114.6% |
| 2005 | 23.36 % change on previous year | -1060.1% |
| 2006 | -7.9 % change on previous year | -133.8% |
| 2007 | 23.95 % change on previous year | -403.2% |
| 2008 | 10.4 % change on previous year | -56.6% |
| 2009 | 1.53 % change on previous year | -85.3% |
| 2010 | 14.16 % change on previous year | +825.0% |
| 2011 | -7.04 % change on previous year | -149.7% |
| 2012 | 18.33 % change on previous year | -360.5% |
| 2013 | 6.52 % change on previous year | -64.4% |
| 2014 | 22.06 % change on previous year | +238.1% |
| 2015 | 16.19 % change on previous year | -26.6% |
| 2016 | 10.59 % change on previous year | -34.6% |
| 2017 | 14.59 % change on previous year | +37.8% |
| 2018 | 8.26 % change on previous year | -43.3% |
| 2019 | 10.36 % change on previous year | +25.4% |
| 2020 | 6.89 % change on previous year | -33.5% |
| 2021 | 14.22 % change on previous year | +106.6% |
| 2022 | 9.32 % change on previous year | -34.5% |
| 2023 | -2.08 % change on previous year | -122.3% |
Senegal compared with similar countries
- Senegal's -2.08 % change on previous year is below the median for lower middle income countries, which is 11.63 % change on previous year. (45 countries reporting)
- Senegal's -2.08 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), annual growth rate in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +32518.3% | -0.1287 % change on previous year | 41.71 % change on previous year |
| 2001 | +1485.7% | 2.85 % change on previous year | 45.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -3.95 % change on previous year | -34.26 % change on previous year | 9.92 % change on previous year | 5 |
| 1980s | 15.2 % change on previous year | -58.57 % change on previous year | 149.78 % change on previous year | 10 |
| 1990s | 52.96 % change on previous year | -59.61 % change on previous year | 422.17 % change on previous year | 10 |
| 2000s | 10.42 % change on previous year | -9.41 % change on previous year | 45.19 % change on previous year | 10 |
| 2010s | 11.4 % change on previous year | -7.04 % change on previous year | 22.06 % change on previous year | 10 |
| 2020s | 7.09 % change on previous year | -2.08 % change on previous year | 14.22 % change on previous year | 4 |
Countries ranked near Senegal
- 142 Russia -1.66 % change on previous year compare
- 143 Bulgaria -1.69 % change on previous year compare
- 144 Serbia -2.02 % change on previous year compare
- 146 Maldives -2.3 % change on previous year compare
- 147 Armenia -2.37 % change on previous year compare
- 148 Panama -2.55 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 48.08 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.6 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -57.9 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0627 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.98 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Senegal?
- Gross savings (current lcu), annual growth rate in Senegal was -2.08 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Senegal?
- The highest recorded value was 422.17 % change on previous year in 1994.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Senegal?
- The lowest recorded value was -59.61 % change on previous year in 1993.
- How does Senegal rank for gross savings (current lcu), annual growth rate?
- Senegal ranks 145th out of 177 countries with data for 2023.
- Is gross savings (current lcu), annual growth rate rising or falling in Senegal?
- Over the last ten years it is down 131.9%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.