Primary income receipts in Senegal
Senegal: Primary income receipts was 701.34 million BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
701.34 million BoP, current US$
Change on year
up 29.3%
World rank
102nd
of 199 countries
All-time high
701.34 million BoP, current US$
in 2023
All-time low
7.66 million BoP, current US$
in 1976
Years of data
50
1974–2023
Primary income receipts in Senegal, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Senegal recorded 701.34 million BoP, current US$ for primary income receipts in 2023. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 29.3% on the previous year and up 146.3% over ten years.
Over the whole period, primary income receipts in Senegal peaked at 701.34 million BoP, current US$ in 2023 and was at its lowest, 7.66 million BoP, current US$, in 1976.
That places Senegal 102nd out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Senegal, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 8.77 million BoP, current US$ | — |
| 1975 | 8.03 million BoP, current US$ | -8.4% |
| 1976 | 7.66 million BoP, current US$ | -4.6% |
| 1977 | 9.69 million BoP, current US$ | +26.5% |
| 1978 | 11.70 million BoP, current US$ | +20.8% |
| 1979 | 16.45 million BoP, current US$ | +40.6% |
| 1980 | 23.57 million BoP, current US$ | +43.3% |
| 1981 | 19.14 million BoP, current US$ | -18.8% |
| 1982 | 19.26 million BoP, current US$ | +0.7% |
| 1983 | 24.46 million BoP, current US$ | +27.0% |
| 1984 | 14.92 million BoP, current US$ | -39.0% |
| 1985 | 30.83 million BoP, current US$ | +106.6% |
| 1986 | 47.76 million BoP, current US$ | +54.9% |
| 1987 | 53.10 million BoP, current US$ | +11.2% |
| 1988 | 50.53 million BoP, current US$ | -4.9% |
| 1989 | 56.99 million BoP, current US$ | +12.8% |
| 1990 | 84.26 million BoP, current US$ | +47.8% |
| 1991 | 85.29 million BoP, current US$ | +1.2% |
| 1992 | 96.45 million BoP, current US$ | +13.1% |
| 1993 | 82.78 million BoP, current US$ | -14.2% |
| 1994 | 63.33 million BoP, current US$ | -23.5% |
| 1995 | 87.24 million BoP, current US$ | +37.8% |
| 1996 | 80.26 million BoP, current US$ | -8.0% |
| 1997 | 67.53 million BoP, current US$ | -15.9% |
| 1998 | 76.44 million BoP, current US$ | +13.2% |
| 1999 | 79.91 million BoP, current US$ | +4.5% |
| 2000 | 85.45 million BoP, current US$ | +6.9% |
| 2001 | 67.19 million BoP, current US$ | -21.4% |
| 2002 | 67.68 million BoP, current US$ | +0.7% |
| 2003 | 119.66 million BoP, current US$ | +76.8% |
| 2004 | 157.04 million BoP, current US$ | +31.2% |
| 2005 | 207.01 million BoP, current US$ | +31.8% |
| 2006 | 175.49 million BoP, current US$ | -15.2% |
| 2007 | 201.84 million BoP, current US$ | +15.0% |
| 2008 | 291.79 million BoP, current US$ | +44.6% |
| 2009 | 172.00 million BoP, current US$ | -41.1% |
| 2010 | 205.72 million BoP, current US$ | +19.6% |
| 2011 | 267.82 million BoP, current US$ | +30.2% |
| 2012 | 242.46 million BoP, current US$ | -9.5% |
| 2013 | 284.81 million BoP, current US$ | +17.5% |
| 2014 | 295.58 million BoP, current US$ | +3.8% |
| 2015 | 286.07 million BoP, current US$ | -3.2% |
| 2016 | 305.22 million BoP, current US$ | +6.7% |
| 2017 | 334.79 million BoP, current US$ | +9.7% |
| 2018 | 444.14 million BoP, current US$ | +32.7% |
| 2019 | 446.06 million BoP, current US$ | +0.4% |
| 2020 | 495.19 million BoP, current US$ | +11.0% |
| 2021 | 481.77 million BoP, current US$ | -2.7% |
| 2022 | 542.37 million BoP, current US$ | +12.6% |
| 2023 | 701.34 million BoP, current US$ | +29.3% |
Senegal compared with similar countries
- Senegal's 701.34 million BoP, current US$ is above the median for lower middle income countries, which is 377.30 million BoP, current US$, 1.9× the median. (47 countries reporting)
- Senegal's 701.34 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 160.79 million BoP, current US$, 4.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.38 million BoP, current US$ | 7.66 million BoP, current US$ | 16.45 million BoP, current US$ | 6 |
| 1980s | 34.06 million BoP, current US$ | 14.92 million BoP, current US$ | 56.99 million BoP, current US$ | 10 |
| 1990s | 80.35 million BoP, current US$ | 63.33 million BoP, current US$ | 96.45 million BoP, current US$ | 10 |
| 2000s | 154.52 million BoP, current US$ | 67.19 million BoP, current US$ | 291.79 million BoP, current US$ | 10 |
| 2010s | 311.27 million BoP, current US$ | 205.72 million BoP, current US$ | 446.06 million BoP, current US$ | 10 |
| 2020s | 555.17 million BoP, current US$ | 481.77 million BoP, current US$ | 701.34 million BoP, current US$ | 4 |
Countries ranked near Senegal
- 99 Armenia 813.08 million BoP, current US$ compare
- 100 Angola 778.62 million BoP, current US$ compare
- 101 Ghana 736.74 million BoP, current US$ compare
- 103 Namibia 687.89 million BoP, current US$ compare
- 104 Lesotho 684.46 million BoP, current US$ compare
- 105 Cambodia 681.05 million BoP, current US$ 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$) 7.93 % change on previous year (2025)
Frequently asked questions
- What is primary income receipts in Senegal?
- Primary income receipts in Senegal was 701.34 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Senegal?
- The highest recorded value was 701.34 million BoP, current US$ in 2023.
- What is the lowest primary income receipts recorded in Senegal?
- The lowest recorded value was 7.66 million BoP, current US$ in 1976.
- How does Senegal rank for primary income receipts?
- Senegal ranks 102nd out of 199 countries with data for 2023.
- Is primary income receipts rising or falling in Senegal?
- Over the last ten years it is up 146.3%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.