Current account balance (credit less debit), Percent of GDP (Balance) in Senegal
Senegal: Current account balance (credit less debit), Percent of GDP (Balance) was -5.8 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Senegal, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in Senegal is -5.8, measured in 2027.
The figure is up 6.7% on the previous year and up 20.3% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Senegal peaked at -3.52 in 2010 and was at its lowest, -19.95, in 2022.
Senegal ranks 38th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -5.45 | — |
| 2001 | -3.78 | -30.7% |
| 2002 | -4.62 | +22.2% |
| 2003 | -4.99 | +8.0% |
| 2004 | -5.1 | +2.1% |
| 2005 | -6.15 | +20.7% |
| 2006 | -6.19 | +0.6% |
| 2007 | -9.55 | +54.3% |
| 2008 | -11.31 | +18.4% |
| 2009 | -5.31 | -53.1% |
| 2010 | -3.52 | -33.6% |
| 2011 | -6.5 | +84.6% |
| 2012 | -8.76 | +34.7% |
| 2013 | -8.26 | -5.6% |
| 2014 | -6.98 | -15.5% |
| 2015 | -5.71 | -18.1% |
| 2016 | -4.19 | -26.7% |
| 2017 | -7.28 | +73.7% |
| 2018 | -8.81 | +21.1% |
| 2019 | -7.92 | -10.1% |
| 2020 | -11.87 | +49.9% |
| 2021 | -12.09 | +1.8% |
| 2022 | -19.95 | +65.0% |
| 2023 | -19.78 | -0.8% |
| 2024 | -11.28 | -43.0% |
| 2025 | -5.59 | -50.4% |
| 2026 | -6.21 | +11.1% |
| 2027 | -5.8 | -6.7% |
Senegal compared with similar countries
- Senegal's -5.8 is below the median for Sub-Saharan Africa, which is -2.9, 2.0× the median. (45 countries reporting)
- Senegal's -5.8 is below the median for lower middle income countries, which is -2.77, 2.1× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.25 | -11.31 | -3.78 | 10 |
| 2010s | -6.79 | -8.81 | -3.52 | 10 |
| 2020s | -11.57 | -19.95 | -5.59 | 8 |
Countries ranked near Senegal
More financial sector data for Senegal
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.09 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.25 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.09 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Senegal?
- Current account balance (credit less debit), percent of gdp (balance) in Senegal was -5.8 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Senegal?
- The highest recorded value was -3.52 in 2010.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Senegal?
- The lowest recorded value was -19.95 in 2022.
- How does Senegal rank for current account balance (credit less debit), percent of gdp (balance)?
- Senegal ranks 38th out of 45 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Senegal?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.