Markets Actual Q4 Q1 Q2 Q3 2021
Currency 556.36 560 565 569 573 581

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -0.50 -3.7 1.8 2 4 3
GDP Annual Growth Rate (%) -1.30 -0.7 2.6 3.7 5 5.4
Unemployment Rate (%) 19.00 24.2 24.8 24.4 24 23.6
Inflation Rate (%) 2.80 2.5 2.6 3 3.2 3.2
Interest Rate (%) 4.00 4 4 4 4 4
Balance of Trade (CFA Franc Billion) -144.30 -185 -185 -75 -120 -185
Current Account to GDP (%) -8.80 -11 -9.8 -9.8 -9.8 -9.8
Government Debt to GDP (%) 47.70 62 54 54 54 54
Government Budget (% of GDP) -3.60 -7 -5.8 -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 Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -0.50 -3.7 1.8 2 4 3
GDP Annual Growth Rate (%) -1.30 -0.7 2.6 3.7 5 5.4
GDP (USD Billion) 23.58 21.3 23.2 23.2 23.2 23.2
GDP per capita (USD) 1584.50 1430 1560 1560 1560 1560
GDP per capita PPP (USD) 3394.90 3150 3260 3260 3260 3260
GDP From Agriculture (Million FCFA) 310.10 364 310 318 322 390
GDP From Mining (Million FCFA) 71.00 80.9 70.8 72.85 73.63 86.73

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

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 2.80 2.5 2.6 3 3.2 3.2
Food Inflation (%) 4.20 3.5 1.7 2 2.5 2.3
Producer Prices Change (%) -5.50 0.6 0.6 0.6 0.6 1.5
Inflation Rate Mom (%) 0.20 0.7 -0.1 0.4 0.4 0.6
Consumer Price Index CPI (points) 109.50 112 108 108 109 116

Money Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Balance of Trade (CFA Franc Billion) -144.30 -185 -185 -75 -120 -185
Current Account to GDP (%) -8.80 -11 -9.8 -9.8 -9.8 -9.8
Imports (CFA Franc Billion) 293.70 400 325 260 260 450
Exports (CFA Franc Billion) 149.40 175 250 140 140 200

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 47.70 62 54 54 54 54
Government Budget (% of GDP) -3.60 -7 -5.8 -5.8 -5.8 -5.8
Military Expenditure (USD Million) 327.00 355 355 355 355 360

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Industrial Production (%) -6.20 -5 3 2 2.5 2.5
Mining Production (%) -7.70 5.3 5.3 5.3 5.3 4
Industrial Production Mom (%) -0.20 16.7 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.