Secondary income balance (credit less debit), Net (credits less) in Senegal
Senegal: Secondary income balance (credit less debit), Net (credits less) was 3.00 billion in 2023. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Senegal, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Senegal is 3.00 billion, measured in 2023. That is the highest value across all 19 years on record.
The figure is up 13.9% on the previous year and up 60.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Senegal peaked at 3.00 billion in 2023 and was at its lowest, 754.05 million, in 2005.
That places Senegal 42nd out of 197 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 754.05 million | — |
| 2006 | 837.38 million | +11.1% |
| 2007 | 1.29 billion | +54.2% |
| 2008 | 1.69 billion | +31.0% |
| 2009 | 1.48 billion | -12.5% |
| 2010 | 1.55 billion | +4.9% |
| 2011 | 1.77 billion | +14.1% |
| 2012 | 1.76 billion | -0.7% |
| 2013 | 1.86 billion | +6.1% |
| 2014 | 1.96 billion | +5.3% |
| 2015 | 1.72 billion | -12.5% |
| 2016 | 1.79 billion | +4.1% |
| 2017 | 1.97 billion | +9.9% |
| 2018 | 2.06 billion | +4.7% |
| 2019 | 2.09 billion | +1.6% |
| 2020 | 2.49 billion | +19.3% |
| 2021 | 2.83 billion | +13.6% |
| 2022 | 2.63 billion | -7.1% |
| 2023 | 3.00 billion | +13.9% |
Senegal compared with similar countries
- Senegal's 3.00 billion is above the median for lower middle income countries, which is 1.03 billion, 2.9× the median. (46 countries reporting)
- Senegal's 3.00 billion is above the median for Sub-Saharan Africa, which is 679.29 million, 4.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.21 billion | 754.05 million | 1.69 billion | 5 |
| 2010s | 1.85 billion | 1.55 billion | 2.09 billion | 10 |
| 2020s | 2.74 billion | 2.49 billion | 3.00 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 secondary income balance (credit less debit), net (credits less) in Senegal?
- Secondary income balance (credit less debit), net (credits less) in Senegal was 3.00 billion in 2023, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Senegal?
- The highest recorded value was 3.00 billion in 2023.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Senegal?
- The lowest recorded value was 754.05 million in 2005.
- How does Senegal rank for secondary income balance (credit less debit), net (credits less)?
- Senegal ranks 42nd out of 197 countries with data for 2023.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Senegal?
- Over the last ten years it is up 60.7%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.