Short-term debt in Senegal
Senegal: Short-term debt was 63.1% in 2023. ◆ Volatile
Short-term debt in Senegal, 1974–2023
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for short-term debt in Senegal is 63.1%, measured in 2023. That is the highest value across all 50 years on record.
The figure is up 38.9% on the previous year and up 65.0% over five years.
Over the whole period, short-term debt in Senegal peaked at 63.1% in 2023 and was at its lowest, 0.0%, in 1976.
Senegal ranks 6th of 119 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Senegal, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 0.0% | — |
| 1975 | 0.0% | -14.7% |
| 1976 | 0.0% | -100.0% |
| 1977 | 12.7% | — |
| 1978 | 20.5% | +61.4% |
| 1979 | 24.4% | +18.8% |
| 1980 | 26.4% | +8.2% |
| 1981 | 23.6% | -10.3% |
| 1982 | 22.4% | -5.5% |
| 1983 | 19.8% | -11.6% |
| 1984 | 29.7% | +50.3% |
| 1985 | 26.2% | -11.9% |
| 1986 | 25.4% | -3.0% |
| 1987 | 28.6% | +12.6% |
| 1988 | 24.2% | -15.4% |
| 1989 | 20.7% | -14.4% |
| 1990 | 27.2% | +31.3% |
| 1991 | 22.1% | -18.8% |
| 1992 | 24.5% | +10.9% |
| 1993 | 37.4% | +52.9% |
| 1994 | 20.2% | -46.0% |
| 1995 | 16.3% | -19.4% |
| 1996 | 12.6% | -22.7% |
| 1997 | 15.9% | +25.8% |
| 1998 | 18.5% | +16.8% |
| 1999 | 20.2% | +9.0% |
| 2000 | 10.5% | -48.1% |
| 2001 | 13.8% | +31.3% |
| 2002 | 18.4% | +33.7% |
| 2003 | 8.0% | -56.5% |
| 2004 | 1.5% | -80.9% |
| 2005 | 1.4% | -8.8% |
| 2006 | 3.3% | +134.2% |
| 2007 | 10.8% | +230.4% |
| 2008 | 5.2% | -51.9% |
| 2009 | 0.0% | -100.0% |
| 2010 | 0.0% | -100.0% |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 29.2% | — |
| 2015 | 31.7% | +8.6% |
| 2016 | 34.6% | +8.9% |
| 2017 | 33.9% | -1.8% |
| 2018 | 38.2% | +12.6% |
| 2019 | 27.7% | -27.7% |
| 2020 | 31.4% | +13.4% |
| 2021 | 39.9% | +27.1% |
| 2022 | 45.4% | +14.0% |
| 2023 | 63.1% | +38.9% |
Senegal compared with similar countries
- Senegal's 63.1% is above the median for lower middle income countries, which is 13.3%, 4.7× the median. (43 countries reporting)
- Senegal's 63.1% is above the median for Sub-Saharan Africa, which is 9.1%, 7.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 2007 | +230.4% | 3.3% | 10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.6% | 0.0% | 24.4% | 6 |
| 1980s | 24.7% | 19.8% | 29.7% | 10 |
| 1990s | 21.5% | 12.6% | 37.4% | 10 |
| 2000s | 7.3% | 0.0% | 18.4% | 10 |
| 2010s | 19.5% | 0.0% | 38.2% | 10 |
| 2020s | 44.9% | 31.4% | 63.1% | 4 |
Countries ranked near Senegal
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 short-term debt in Senegal?
- Short-term debt in Senegal was 63.1% in 2023, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Senegal?
- The highest recorded value was 63.1% in 2023.
- What is the lowest short-term debt recorded in Senegal?
- The lowest recorded value was 0.0% in 1976.
- How does Senegal rank for short-term debt?
- Senegal ranks 6th out of 119 countries with data for 2023.
- Where does this Senegal data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.