The economy of Senegal expanded 5.7% from a year earlier in the first quarter of 2019, following a 6.8% advance in the previous period. Slower growth was seen in services (4.9% vs 6.3% in Q4), namely business services (5.7% vs 8.1%); real estate activities (3.8% vs 7.9%); information & communication (3.4% vs 6.2%); transport (4.3% vs 6.1%) and wholesale & retail trade (4.2% vs 5.5%). In contrast, stronger gains were posted in public administration (7.9% vs 7.8%); finance & insurance (3.4% vs 2.9%) and hotels & restaurants (5.6% vs 4.6%). Also, secondary activity lost some steam (5.3% vs 6.5%), mainly led by construction (-4.6% vs 9.7%) and manufacture of cement & building materials (2.1% vs 5.4%). Mining, however, rose strongly (10.3% vs 4.9%). The primary activity also grew solidly (9.3% vs 8.7%), namely agriculture (9.9% vs 10.1%) and fishing (15.4% vs 11.9%). On a quarterly basis, the GDP advanced 0.4%, slowing from 1.7% in the fourth quarter of 2018. GDP Annual Growth Rate in Senegal averaged 3.56 percent from 1961 until 2019, reaching an all time high of 9.90 percent in the fourth quarter of 2015 and a record low of -6.55 percent in the fourth quarter of 1969.

GDP Annual Growth Rate in Senegal is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Senegal to stand at 7.10 in 12 months time. In the long-term, the Senegal GDP Annual Growth Rate is projected to trend around 7.20 percent in 2020, according to our econometric models.

Senegal GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-01 11:50 AM GDP Growth Rate YoY Q2 4.2% 6.2% 6.6%
2019-01-02 12:30 PM GDP Growth Rate YoY Q3 3.9% 4.2% 6%
2019-04-02 01:50 PM GDP Growth Rate YoY Q4 6.8% 3.9% 4.3%
2019-07-01 12:05 PM GDP Growth Rate YoY Q1 5.7% 6.8% 7%
2019-10-01 11:50 AM GDP Growth Rate YoY Q2 5.7% 7.5%
2019-12-17 02:00 PM GDP Growth Rate YoY Q3


Senegal GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 1.50 27.10 -14.80 percent [+]
GDP Annual Growth Rate 5.70 6.80 9.90 -6.55 percent [+]
GDP 24.13 21.08 24.13 1.00 USD Billion [+]
GDP per capita 1546.50 1489.40 1546.50 1001.40 USD [+]
GDP per capita PPP 3356.30 3232.30 3356.30 2173.40 USD [+]
GDP From Agriculture 310.00 316.70 316.70 41.10 Million FCFA [+]
GDP From Mining 75.50 70.40 75.50 10.00 Million FCFA [+]


Senegal GDP Annual Growth Rate

The largest sector of Senegal's economy is services, accounting for 62 percent of total GDP, of which internal trade (19 percent); administration, education and health (12 percent); communications (11 percent); and real estate activities (6 percent). The industrial sector represents 23 percent of the GDP, with construction (7 percent); food industries (5 percent); other industries (4 percent) and energy (3 percent) accounting for the biggest share. Also, the primary sector contributes to 15 percent of GDP, mostly agriculture (9 percent) and livestock activities (4 percent). This page provides - Senegal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 6.80 9.90 -6.55 1961 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
Spain 2.30 Jun/19
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Netherlands 2.00 Jun/19
South Korea 2.00 Jun/19
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France 1.40 Jun/19
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Japan 1.00 Jun/19
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South Africa 0.90 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Jun/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19
Argentina -5.80 Mar/19


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