Gross savings (current US$), per unit of GDP in Senegal
Senegal: Gross savings (current US$), per unit of GDP was 0.2294 current US$ per US$ of GDP in 2023. ◆ Volatile
Gross savings (current US$), per unit of GDP in Senegal, 1974–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Senegal is 0.2294 current US$ per US$ of GDP, measured in 2023.
The figure is down 8.9% on the previous year and up 40.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Senegal peaked at 0.2614 current US$ per US$ of GDP in 2021 and was at its lowest, 0.0149 current US$ per US$ of GDP, in 1993.
That places Senegal 85th out of 178 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$), per unit of GDP in Senegal, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.2103 current US$ per US$ of GDP | — |
| 1975 | 0.1732 current US$ per US$ of GDP | -17.6% |
| 1976 | 0.1501 current US$ per US$ of GDP | -13.4% |
| 1977 | 0.1536 current US$ per US$ of GDP | +2.4% |
| 1978 | 0.0985 current US$ per US$ of GDP | -35.9% |
| 1979 | 0.0922 current US$ per US$ of GDP | -6.4% |
| 1980 | 0.0348 current US$ per US$ of GDP | -62.2% |
| 1981 | 0.0745 current US$ per US$ of GDP | +113.8% |
| 1982 | 0.0798 current US$ per US$ of GDP | +7.1% |
| 1983 | 0.0521 current US$ per US$ of GDP | -34.7% |
| 1984 | 0.0496 current US$ per US$ of GDP | -4.9% |
| 1985 | 0.0508 current US$ per US$ of GDP | +2.4% |
| 1986 | 0.0263 current US$ per US$ of GDP | -48.2% |
| 1987 | 0.0594 current US$ per US$ of GDP | +125.9% |
| 1988 | 0.0265 current US$ per US$ of GDP | -55.5% |
| 1989 | 0.0271 current US$ per US$ of GDP | +2.3% |
| 1990 | 0.0257 current US$ per US$ of GDP | -5.0% |
| 1991 | 0.0302 current US$ per US$ of GDP | +17.3% |
| 1992 | 0.0375 current US$ per US$ of GDP | +24.2% |
| 1993 | 0.0149 current US$ per US$ of GDP | -60.2% |
| 1994 | 0.0582 current US$ per US$ of GDP | +289.7% |
| 1995 | 0.0849 current US$ per US$ of GDP | +46.0% |
| 1996 | 0.0798 current US$ per US$ of GDP | -6.0% |
| 1997 | 0.1076 current US$ per US$ of GDP | +34.9% |
| 1998 | 0.1114 current US$ per US$ of GDP | +3.5% |
| 1999 | 0.1154 current US$ per US$ of GDP | +3.6% |
| 2000 | 0.1128 current US$ per US$ of GDP | -2.3% |
| 2001 | 0.1467 current US$ per US$ of GDP | +30.1% |
| 2002 | 0.1303 current US$ per US$ of GDP | -11.2% |
| 2003 | 0.1453 current US$ per US$ of GDP | +11.5% |
| 2004 | 0.1356 current US$ per US$ of GDP | -6.6% |
| 2005 | 0.1532 current US$ per US$ of GDP | +12.9% |
| 2006 | 0.134 current US$ per US$ of GDP | -12.5% |
| 2007 | 0.1515 current US$ per US$ of GDP | +13.1% |
| 2008 | 0.1491 current US$ per US$ of GDP | -1.6% |
| 2009 | 0.1498 current US$ per US$ of GDP | +0.5% |
| 2010 | 0.1628 current US$ per US$ of GDP | +8.7% |
| 2011 | 0.1438 current US$ per US$ of GDP | -11.7% |
| 2012 | 0.1585 current US$ per US$ of GDP | +10.2% |
| 2013 | 0.1629 current US$ per US$ of GDP | +2.8% |
| 2014 | 0.19 current US$ per US$ of GDP | +16.7% |
| 2015 | 0.2054 current US$ per US$ of GDP | +8.1% |
| 2016 | 0.2115 current US$ per US$ of GDP | +3.0% |
| 2017 | 0.2247 current US$ per US$ of GDP | +6.2% |
| 2018 | 0.2306 current US$ per US$ of GDP | +2.6% |
| 2019 | 0.2383 current US$ per US$ of GDP | +3.3% |
| 2020 | 0.2474 current US$ per US$ of GDP | +3.8% |
| 2021 | 0.2614 current US$ per US$ of GDP | +5.7% |
| 2022 | 0.2517 current US$ per US$ of GDP | -3.7% |
| 2023 | 0.2294 current US$ per US$ of GDP | -8.9% |
Senegal compared with similar countries
- Senegal's 0.2294 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 1.4× the median. (45 countries reporting)
- Senegal's 0.2294 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 1.3× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +289.7% | 0.0149 current US$ per US$ of GDP | 0.0582 current US$ per US$ of GDP |
| 1987 | +125.9% | 0.0263 current US$ per US$ of GDP | 0.0594 current US$ per US$ of GDP |
| 1981 | +113.8% | 0.0348 current US$ per US$ of GDP | 0.0745 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1463 current US$ per US$ of GDP | 0.0922 current US$ per US$ of GDP | 0.2103 current US$ per US$ of GDP | 6 |
| 1980s | 0.0481 current US$ per US$ of GDP | 0.0263 current US$ per US$ of GDP | 0.0798 current US$ per US$ of GDP | 10 |
| 1990s | 0.0666 current US$ per US$ of GDP | 0.0149 current US$ per US$ of GDP | 0.1154 current US$ per US$ of GDP | 10 |
| 2000s | 0.1408 current US$ per US$ of GDP | 0.1128 current US$ per US$ of GDP | 0.1532 current US$ per US$ of GDP | 10 |
| 2010s | 0.1929 current US$ per US$ of GDP | 0.1438 current US$ per US$ of GDP | 0.2383 current US$ per US$ of GDP | 10 |
| 2020s | 0.2475 current US$ per US$ of GDP | 0.2294 current US$ per US$ of GDP | 0.2614 current US$ per US$ of GDP | 4 |
Countries ranked near Senegal
- 82 Finland 0.2316 current US$ per US$ of GDP compare
- 83 Lithuania 0.2314 current US$ per US$ of GDP compare
- 84 Iceland 0.2298 current US$ per US$ of GDP compare
- 86 Bhutan 0.2294 current US$ per US$ of GDP compare
- 87 Chile 0.2281 current US$ per US$ of GDP compare
- 88 Albania 0.2281 current US$ per US$ of GDP 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$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Senegal?
- Gross savings (current us$), per unit of gdp in Senegal was 0.2294 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Senegal?
- The highest recorded value was 0.2614 current US$ per US$ of GDP in 2021.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Senegal?
- The lowest recorded value was 0.0149 current US$ per US$ of GDP in 1993.
- How does Senegal rank for gross savings (current us$), per unit of gdp?
- Senegal ranks 85th out of 178 countries with data for 2023.
- Is gross savings (current us$), per unit of gdp rising or falling in Senegal?
- Over the last ten years it is up 40.8%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.