Gross savings (current US$), annual growth rate in Senegal

Senegal: Gross savings (current US$), annual growth rate was 0.6971 % change on previous year in 2023. ◆ Volatile

Latest (2023)
0.6971 % change on previous year
Change on year
up 124.8%
World rank
131st
of 177 countries
All-time high
171.78 % change on previous year
in 1987
All-time low
-62.25 % change on previous year
in 1993
Years of data
49
1975–2023

Gross savings (current US$), annual growth rate in Senegal, 1975–2023

-50050100150197519992023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross savings (current us$), annual growth rate in Senegal is 0.6971 % change on previous year, measured in 2023.

That represents a change of up 124.8% on the previous year and down 93.1% over ten years.

Over the whole period, gross savings (current us$), annual growth rate in Senegal peaked at 171.78 % change on previous year in 1987 and was at its lowest, -62.25 % change on previous year, in 1993.

That places Senegal 131st out of 177 countries with data for 2023, 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 savings (current US$), annual growth rate in Senegal, year by year

Annual values for Gross savings (current US$), annual growth rate in Senegal, 1975 to 2023.
Year % change on previous year Change
1975 11.05 % change on previous year —
1976 -12.16 % change on previous year -210.0%
1977 4.82 % change on previous year -139.7%
1978 -28.43 % change on previous year -689.2%
1979 16.61 % change on previous year -158.4%
1980 -58.29 % change on previous year -451.0%
1981 94.21 % change on previous year -261.6%
1982 4.96 % change on previous year -94.7%
1983 -41.92 % change on previous year -944.8%
1984 -7.12 % change on previous year -83.0%
1985 12.25 % change on previous year -272.2%
1986 -26.88 % change on previous year -319.3%
1987 171.78 % change on previous year -739.2%
1988 -55.95 % change on previous year -132.6%
1989 1.45 % change on previous year -102.6%
1990 10.3 % change on previous year +609.1%
1991 15.16 % change on previous year +47.2%
1992 33.05 % change on previous year +118.0%
1993 -62.25 % change on previous year -288.3%
1994 166.31 % change on previous year -367.2%
1995 83.46 % change on previous year -49.8%
1996 -2.55 % change on previous year -103.1%
1997 24.2 % change on previous year -1049.1%
1998 11.45 % change on previous year -52.7%
1999 5 % change on previous year -56.3%
2000 -10.87 % change on previous year -317.5%
2001 40.79 % change on previous year -475.3%
2002 -4.36 % change on previous year -110.7%
2003 39.53 % change on previous year -1006.1%
2004 7.29 % change on previous year -81.6%
2005 23.38 % change on previous year +220.6%
2006 -7.05 % change on previous year -130.1%
2007 35.29 % change on previous year -600.8%
2008 18.48 % change on previous year -47.6%
2009 -3.71 % change on previous year -120.1%
2010 8.5 % change on previous year -329.0%
2011 -2.39 % change on previous year -128.1%
2012 9.22 % change on previous year -485.5%
2013 10.12 % change on previous year +9.7%
2014 22.09 % change on previous year +118.4%
2015 -2.96 % change on previous year -113.4%
2016 10.32 % change on previous year -448.9%
2017 16.94 % change on previous year +64.1%
2018 13.18 % change on previous year -22.2%
2019 4.62 % change on previous year -64.9%
2020 8.8 % change on previous year +90.5%
2021 18.56 % change on previous year +110.8%
2022 -2.81 % change on previous year -115.1%
2023 0.6971 % change on previous year -124.8%

Senegal compared with similar countries

  • Senegal's 0.6971 % change on previous year is below the median for lower middle income countries, which is 9.24 % change on previous year, 8% of the median. (45 countries reporting)
  • Senegal's 0.6971 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 8% of the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s -1.62 % change on previous year -28.43 % change on previous year 16.61 % change on previous year 5
1980s 9.45 % change on previous year -58.29 % change on previous year 171.78 % change on previous year 10
1990s 28.41 % change on previous year -62.25 % change on previous year 166.31 % change on previous year 10
2000s 13.88 % change on previous year -10.87 % change on previous year 40.79 % change on previous year 10
2010s 8.97 % change on previous year -2.96 % change on previous year 22.09 % change on previous year 10
2020s 6.31 % change on previous year -2.81 % change on previous year 18.56 % change on previous year 4

Countries ranked near Senegal

  1. 128 Tanzania 1.23 % change on previous year compare
  2. 129 South Africa 1.2 % change on previous year compare
  3. 130 Rwanda 0.7502 % change on previous year compare
  4. 132 Dominican Republic 0.2017 % change on previous year compare
  5. 133 French Polynesia -0.2571 % change on previous year compare
  6. 134 Iran -0.7138 % change on previous year compare

See the full ranking of 177 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is gross savings (current us$), annual growth rate in Senegal?
Gross savings (current us$), annual growth rate in Senegal was 0.6971 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross savings (current us$), annual growth rate recorded in Senegal?
The highest recorded value was 171.78 % change on previous year in 1987.
What is the lowest gross savings (current us$), annual growth rate recorded in Senegal?
The lowest recorded value was -62.25 % change on previous year in 1993.
How does Senegal rank for gross savings (current us$), annual growth rate?
Senegal ranks 131st out of 177 countries with data for 2023.
Is gross savings (current us$), annual growth rate rising or falling in Senegal?
Over the last ten years it is down 93.1%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross savings (current US$), annual growth rate in Senegal. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/gross-savings-current-us-annual-growth-rate/senegal/

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How this figure is calculated

The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 savings (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
177 places, 6,213 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.