Goods balance (credit less debit), Percent of GDP (Balance of) in Senegal
Senegal: Goods balance (credit less debit), Percent of GDP (Balance of) was -6.67 in 2027. ▬ Flat
Goods balance (credit less debit), Percent of GDP (Balance of) in Senegal, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in Senegal stood at -6.67.
That represents a change of up 0.8% on the previous year and up 48.2% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Senegal peaked at -6.13 in 2025 and was at its lowest, -20.25, in 2008.
That places Senegal 28th out of 45 countries with data for 2027, putting it in the middle of the range.
Goods balance (credit less debit), Percent of GDP (Balance of) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.86 | — |
| 2001 | -6.55 | -4.6% |
| 2002 | -7.78 | +18.9% |
| 2003 | -9.24 | +18.7% |
| 2004 | -9.8 | +6.1% |
| 2005 | -11.91 | +21.5% |
| 2006 | -13.69 | +14.9% |
| 2007 | -17.81 | +30.1% |
| 2008 | -20.25 | +13.8% |
| 2009 | -12.61 | -37.7% |
| 2010 | -11.92 | -5.5% |
| 2011 | -14.1 | +18.3% |
| 2012 | -16.34 | +15.9% |
| 2013 | -15.81 | -3.3% |
| 2014 | -14.27 | -9.8% |
| 2015 | -12.13 | -15.0% |
| 2016 | -10.32 | -14.9% |
| 2017 | -12.87 | +24.7% |
| 2018 | -13.91 | +8.1% |
| 2019 | -12.31 | -11.6% |
| 2020 | -12.31 | +0.0% |
| 2021 | -10.89 | -11.5% |
| 2022 | -17.37 | +59.4% |
| 2023 | -17.33 | -0.2% |
| 2024 | -11.97 | -30.9% |
| 2025 | -6.13 | -48.8% |
| 2026 | -6.72 | +9.5% |
| 2027 | -6.67 | -0.8% |
Senegal compared with similar countries
- Senegal's -6.67 is below the median for Sub-Saharan Africa, which is -2.52, 2.6× the median. (45 countries reporting)
- Senegal's -6.67 is below the median for lower middle income countries, which is -1.5, 4.5× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -11.65 | -20.25 | -6.55 | 10 |
| 2010s | -13.4 | -16.34 | -10.32 | 10 |
| 2020s | -11.17 | -17.37 | -6.13 | 8 |
Countries ranked near Senegal
More financial sector data for Senegal
- Net domestic credit (current LCU), per capita 605,208 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 309.62 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.99 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 2.25 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 3.09 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 2.25 units per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in Senegal?
- Goods balance (credit less debit), percent of gdp (balance of) in Senegal was -6.67 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Senegal?
- The highest recorded value was -6.13 in 2025.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Senegal?
- The lowest recorded value was -20.25 in 2008.
- How does Senegal rank for goods balance (credit less debit), percent of gdp (balance of)?
- Senegal ranks 28th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Senegal?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is flat.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.