Service exports (BoP, current US$) in Senegal
Senegal: Service exports (BoP, current US$) was 1.48 billion BoP, current US$ in 2023. ◆ Volatile
Service exports in Senegal, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Senegal is 1.48 billion BoP, current US$, measured in 2023. That is the highest value across all 50 years on record.
That represents a change of up 3.1% on the previous year and up 11.4% over ten years.
Over the whole period, service exports in Senegal peaked at 1.48 billion BoP, current US$ in 2023 and was at its lowest, 127.29 million BoP, current US$, in 1974.
Senegal ranks 124th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Senegal, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 127.29 million BoP, current US$ | — |
| 1975 | 145.58 million BoP, current US$ | +14.4% |
| 1976 | 159.49 million BoP, current US$ | +9.6% |
| 1977 | 169.94 million BoP, current US$ | +6.6% |
| 1978 | 240.41 million BoP, current US$ | +41.5% |
| 1979 | 298.61 million BoP, current US$ | +24.2% |
| 1980 | 336.71 million BoP, current US$ | +12.8% |
| 1981 | 379.60 million BoP, current US$ | +12.7% |
| 1982 | 319.71 million BoP, current US$ | -15.8% |
| 1983 | 306.01 million BoP, current US$ | -4.3% |
| 1984 | 268.38 million BoP, current US$ | -12.3% |
| 1985 | 276.30 million BoP, current US$ | +3.0% |
| 1986 | 334.47 million BoP, current US$ | +21.1% |
| 1987 | 363.55 million BoP, current US$ | +8.7% |
| 1988 | 398.09 million BoP, current US$ | +9.5% |
| 1989 | 397.73 million BoP, current US$ | -0.1% |
| 1990 | 514.76 million BoP, current US$ | +29.4% |
| 1991 | 448.62 million BoP, current US$ | -12.8% |
| 1992 | 481.39 million BoP, current US$ | +7.3% |
| 1993 | 413.90 million BoP, current US$ | -14.0% |
| 1994 | 412.33 million BoP, current US$ | -0.4% |
| 1995 | 512.49 million BoP, current US$ | +24.3% |
| 1996 | 378.28 million BoP, current US$ | -26.2% |
| 1997 | 371.20 million BoP, current US$ | -1.9% |
| 1998 | 425.23 million BoP, current US$ | +14.6% |
| 1999 | 416.06 million BoP, current US$ | -2.2% |
| 2000 | 386.21 million BoP, current US$ | -7.2% |
| 2001 | 398.40 million BoP, current US$ | +3.2% |
| 2002 | 456.06 million BoP, current US$ | +14.5% |
| 2003 | 567.97 million BoP, current US$ | +24.5% |
| 2004 | 662.29 million BoP, current US$ | +16.6% |
| 2005 | 762.07 million BoP, current US$ | +15.1% |
| 2006 | 801.68 million BoP, current US$ | +5.2% |
| 2007 | 1.19 billion BoP, current US$ | +48.9% |
| 2008 | 1.29 billion BoP, current US$ | +8.1% |
| 2009 | 1.02 billion BoP, current US$ | -20.8% |
| 2010 | 1.05 billion BoP, current US$ | +2.7% |
| 2011 | 1.17 billion BoP, current US$ | +11.3% |
| 2012 | 1.22 billion BoP, current US$ | +4.5% |
| 2013 | 1.33 billion BoP, current US$ | +8.9% |
| 2014 | 1.32 billion BoP, current US$ | -0.5% |
| 2015 | 1.19 billion BoP, current US$ | -9.7% |
| 2016 | 1.22 billion BoP, current US$ | +2.1% |
| 2017 | 1.31 billion BoP, current US$ | +7.3% |
| 2018 | 1.42 billion BoP, current US$ | +8.7% |
| 2019 | 1.41 billion BoP, current US$ | -0.9% |
| 2020 | 874.24 million BoP, current US$ | -37.9% |
| 2021 | 1.29 billion BoP, current US$ | +47.4% |
| 2022 | 1.44 billion BoP, current US$ | +11.4% |
| 2023 | 1.48 billion BoP, current US$ | +3.1% |
Senegal compared with similar countries
- Senegal's 1.48 billion BoP, current US$ is above the median for lower middle income countries, which is 1.27 billion BoP, current US$, 1.2× the median. (47 countries reporting)
- Senegal's 1.48 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 2.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 190.22 million BoP, current US$ | 127.29 million BoP, current US$ | 298.61 million BoP, current US$ | 6 |
| 1980s | 338.06 million BoP, current US$ | 268.38 million BoP, current US$ | 398.09 million BoP, current US$ | 10 |
| 1990s | 437.43 million BoP, current US$ | 371.20 million BoP, current US$ | 514.76 million BoP, current US$ | 10 |
| 2000s | 754.13 million BoP, current US$ | 386.21 million BoP, current US$ | 1.29 billion BoP, current US$ | 10 |
| 2010s | 1.26 billion BoP, current US$ | 1.05 billion BoP, current US$ | 1.42 billion BoP, current US$ | 10 |
| 2020s | 1.27 billion BoP, current US$ | 874.24 million BoP, current US$ | 1.48 billion BoP, current US$ | 4 |
Countries ranked near Senegal
- 121 Madagascar 1.66 billion BoP, current US$ compare
- 122 Curacao 1.55 billion BoP, current US$ compare
- 123 Barbados 1.52 billion BoP, current US$ compare
- 125 Saint Lucia 1.40 billion BoP, current US$ compare
- 126 Zambia 1.39 billion BoP, current US$ compare
- 127 Iran 1.38 billion BoP, current US$ compare
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 service exports in Senegal?
- Service exports in Senegal was 1.48 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Senegal?
- The highest recorded value was 1.48 billion BoP, current US$ in 2023.
- What is the lowest service exports recorded in Senegal?
- The lowest recorded value was 127.29 million BoP, current US$ in 1974.
- How does Senegal rank for service exports?
- Senegal ranks 124th out of 200 countries with data for 2023.
- Is service exports rising or falling in Senegal?
- Over the last ten years it is up 11.4%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.