Goods balance (credit less debit), Net (credits less debits) (US) in Senegal
Senegal: Goods balance (credit less debit), Net (credits less debits) (US) was -5.32 billion in 2023. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Senegal, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, goods balance (credit less debit), net (credits less debits) in Senegal stood at -5.32 billion. That is the lowest value across all 19 years on record.
That represents a change of down 10.3% on the previous year and down 78.6% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Senegal peaked at -1.29 billion in 2005 and was at its lowest, -5.32 billion, in 2023.
Senegal ranks 152nd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.29 billion | — |
| 2006 | -1.59 billion | +23.4% |
| 2007 | -2.48 billion | +55.3% |
| 2008 | -3.40 billion | +37.4% |
| 2009 | -2.03 billion | -40.2% |
| 2010 | -1.92 billion | -5.6% |
| 2011 | -2.51 billion | +30.8% |
| 2012 | -2.88 billion | +14.6% |
| 2013 | -2.98 billion | +3.5% |
| 2014 | -2.80 billion | -5.9% |
| 2015 | -2.16 billion | -23.1% |
| 2016 | -1.97 billion | -8.8% |
| 2017 | -2.70 billion | +37.5% |
| 2018 | -3.40 billion | +25.7% |
| 2019 | -2.88 billion | -15.2% |
| 2020 | -2.80 billion | -2.9% |
| 2021 | -3.00 billion | +7.2% |
| 2022 | -4.83 billion | +61.0% |
| 2023 | -5.32 billion | +10.3% |
Senegal compared with similar countries
- Senegal's -5.32 billion is below the median for lower middle income countries, which is -673.06 million, 7.9× the median. (46 countries reporting)
- Senegal's -5.32 billion is below the median for Sub-Saharan Africa, which is -577.00 million, 9.2× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.16 billion | -3.40 billion | -1.29 billion | 5 |
| 2010s | -2.62 billion | -3.40 billion | -1.92 billion | 10 |
| 2020s | -3.99 billion | -5.32 billion | -2.80 billion | 4 |
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 goods balance (credit less debit), net (credits less debits) in Senegal?
- Goods balance (credit less debit), net (credits less debits) in Senegal was -5.32 billion in 2023, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Senegal?
- The highest recorded value was -1.29 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Senegal?
- The lowest recorded value was -5.32 billion in 2023.
- How does Senegal rank for goods balance (credit less debit), net (credits less debits)?
- Senegal ranks 152nd out of 198 countries with data for 2023.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Senegal?
- Over the last ten years it is down 78.6%. The long-run trend across the full record is falling.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.