Markets Actual Q3 Q4 Q1 Q2 2021
Currency 580.72 585 589 594 598 606

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.50 -4 -3.7 1.8 2 3
GDP Annual Growth Rate (%) 1.40 0.8 1.4 2.6 3.5 4
Unemployment Rate (%) 19.00 24 24.2 24.8 24.4 23.6
Inflation Rate (%) 2.70 3 3.1 2.6 3 3.2
Interest Rate (%) 4.00 4 4 4 4 4
Balance of Trade (CFA Franc Billion) -253.00 -190 -225 -75 -120 -250
Current Account to GDP (%) -8.80 -9.7 -9.7 -9.8 -9.8 -9.8
Government Debt to GDP (%) 45.70 62 62 54 54 54
Government Budget (% of GDP) -3.60 -7 -7 -5.8 -5.8 -5.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.50 -4 -3.7 1.8 2 3
GDP Annual Growth Rate (%) 1.40 0.8 1.4 2.6 3.5 4
GDP (USD Billion) 23.50 23.5 23.5 25 25 25
GDP per capita (USD) 1546.50 1650 1650 1710 1710 1710
GDP per capita PPP (USD) 3356.30 3560 3560 3560 3338 3660
GDP From Agriculture (Million FCFA) 310.10 312 316 320 323 329
GDP From Mining (Million FCFA) 71.00 72.48 72.91 73.77 74.42 75.82

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 19.00 24 24.2 24.8 24.4 23.6
Population (Million) 16.20 16.73 16.71 17.25 17.25 17.14

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 2.70 3 3.1 2.6 3 3.2
Food Inflation (%) 3.10 2.5 2 0.9 1.5 2
Producer Prices Change (%) -0.50 -0.1 0.6 0.6 0.6 1.5
Inflation Rate Mom (%) -0.60 0.6 0.7 -0.1 0.4 0.6
Consumer Price Index Cpi (points) 106.10 110 109 108 109 113

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 4.00 4 4 4 4 4
Lending Rate (%) 8.55 8.55 8.55 8.55 8.55 8.55

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (CFA Franc Billion) -253.00 -190 -225 -75 -120 -250
Current Account to GDP (%) -8.80 -9.7 -9.7 -9.8 -9.8 -9.8
Imports (CFA Franc Billion) 388.90 355 400 325 260 450
Exports (CFA Franc Billion) 136.20 165 175 250 140 200

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 45.70 62 62 54 54 54
Government Budget (% of GDP) -3.60 -7 -7 -5.8 -5.8 -5.8
Military Expenditure (USD Million) 327.00 355 355 355 355 360

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 18.00 18 18 18 18 18

Business Actual Q3 Q4 Q1 Q2 2021
Industrial Production (%) 14.70 2 2.1 -4 3 2.7
Mining Production (%) -11.30 0.5 5.3 5.3 5.3 4
Industrial Production Mom (%) 5.60 -2.2 16.7 16.7 16.7 15


This page has economic forecasts for Senegal including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Senegal economy.