Industrial production in Senegal increased 2.8 percent year-on-year in November 2019, up from a 1.9 percent rise in the previous month. It was the strongest gain in industrial activity since August, as output grew significantly for food products (21.4 percent) and energy (12.6 percent). On a monthly basis, industrial production shrank 0.8 percent. Industrial Production in Senegal averaged 2.74 percent from 2009 until 2019, reaching an all time high of 26.90 percent in August of 2016 and a record low of -22.40 percent in June of 2013.

Industrial Production in Senegal is expected to be -3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Senegal to stand at 2.50 in 12 months time. In the long-term, the Senegal Industrial Production is projected to trend around 2.70 percent in 2020, according to our econometric models.

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Senegal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
2.80 1.90 26.90 -22.40 2009 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-18 08:30 AM Aug 5.9% 4.5% -6.0%
2019-11-20 12:25 PM Sep 1.1% 3.8% 4.7%
2019-12-19 10:00 AM Oct 1.9% 1.1% -2%
2020-01-17 10:00 AM Nov 2.8% 1.9% 3.4%
2020-02-14 12:00 AM Dec 2.8% 2.8%


News Stream
2019-10-18
Senegal Industrial Output Growth Highest in Over a Year
Senegal's industrial production advanced 5.9 percent year-on-year in August 2019, the most since July last year, compared to an upwardly revised 4.5 percent rise in the previous month. Within manufacturing, production grew faster for paper & cardboard (33.7 percent vs 20 percent in July); building materials (2.1 percent vs 2.0 percent) and it rebounded for chemicals (7.3 percent vs -9.2 percent) and mechanical industries (63 percent vs -2 percent). However, food production rose much less (5.3 percent vs 26.8 percent). At the same time, energy continued to grow solidly (8 percent vs 10 percent) and mining output recovered slightly (0.4 percent vs -3.6 percent). On a monthly basis, industrial production declined 5 percent, following a 3.1 percent increase in the previous month. Year-to-date, industrial activity grew 2.8 percent compared to the same period a year ago.

2019-09-16
Senegal Industrial Output Growth at 3-Month Low
Senegal's industrial production advanced 4.1 percent year-on-year in July 2019 compared to a downwardly revised 4.5 percent rise in the prior month. It was the lowest gain in industrial activity since April mainly due to lower output from mining (-3.6 percent vs 7.1 percent in June). Within manufacturing, production fell for chemicals (-9.2 percent vs 6.2 percent) and mechanical industries (-2.0 percent vs -40.3 percent) but rose sharply for food (24.3 percent vs 1.6 percent) and paper & cardboard (20.1 percent vs 17.2 percent). Meantime, output grew faster for energy (10.4 percent vs 8.8 percent). On a monthly basis, industrial production went up 3.1 percent, after an upwardly revised 5.2 percent decline in the previous month.

2019-08-21
Senegal June Industrial Output Growth Slows to 5%
Senegal's industrial production grew 5.0 percent year-on-year in June 2019 compared to an upwardly revised 5.2 percent gain in the prior month, as output rose less for energy (8.8 percent vs 13.6 percent in May) and mining (7.1 percent vs 12.9 percent). Within manufacturing, growth was dampened by paper and cardboard (17.2 percent vs 35.8 percent); food (3.5 percent vs 4.6 percent) and mechanical industries (-40.3 percent vs 3.1 percent). On a monthly basis, industrial production shrank 4.7 percent, following a 4.8 percent surge in the previous month. In the first half of the year, industrial activity advanced 2.2 percent compared to the same period a year ago.

2019-07-15
Senegal Industrial Output Rises at Faster Pace
Senegal's industrial production growth accelerated to 5.1 percent year-on-year in May 2019 from a revised 1 percent in the previous month, as energy output rose at a faster pace (13.6 percent vs 9.7 percent) and mining output rebounded sharply (12.9 percent vs -19.7 percent). Within manufacturing, paper and cardboard output grew the most (35.8 percent vs -21.5 percent), followed by food (4.6 percent vs 28.6 percent), mechanical industries (3.1 percent vs -18.9 percent), and building materials (2.6 percent vs -8.6 percent). By contrast, chemicals production continued to fall (-1.4 percent vs -17.5 percent). On a monthly basis, industrial output surged 4.8 percent, reversing a 4.8 percent contraction in April.

2019-06-12
Senegal Industrial Output Rebounds in April
Industrial production in Senegal rose 0.9% year-on-year in April 2019, following a downwardly revised 5.2% decline in the previous month. Output rebounded for food (28.3 percent vs -9.5 percent in March) and it continued to advance solidly for energy (9.7 percent vs 8 percent), mostly due to electricity (11.6 percent vs 8.4 percent). In contrast, production shrank for mining (-19.7 percent vs 10.3 percent); paper products (-21.5 percent vs 11.9 percent); chemicals (-17.5 percent vs -5.9 percent); building materials (-8.6 percent vs -12.5 percent) and steel products (-53.5 percent vs -24 percent). On a monthly basis, industrial production fell 4.7 percent, after an upwardly revised 2.4 percent gain in the prior month. Considering the first four months of 2019, industrial activity grew 0.9 percent over a year ago.

2019-05-17
Senegal Industrial Output Dips 6.2% YoY in March
Industrial production in Senegal shrank 6.2% year-on-year in March 2019, after an upwardly revised 4.1% rise in the previous month. Output declined in manufacture of food (-12.3% vs -2.3% in February); building materials (-12.5% vs -0.2%); chemicals (-6.4% vs 13.5%) and mechanical products (-6.8% vs -27.4%). Also, output growth slowed for energy (8% vs 13.2%). In contrast, production rebounded sharply for mining (10.8% vs -7.6%), on higher extraction of phosphate (15.7% vs -19.4%) and stones, sand and clay (15% vs 11.1%). On a monthly basis, industrial production rose 1.5%, recovering from a 6.8% slump in the previous month. Considering the first three months of 2019, industrial activity grew 0.5% over a year ago.


Senegal Industrial Production
In Senegal, industrial production measures the output of businesses integrated in the industrial sector of the economy. Manufacturing is the most important sector and accounts for around 81 percent of total production. The biggest segments within manufacturing are: food (41 percent of total production), chemicals (17 percent of total production) and construction materials (16 percent of total production). Utilities including electricity and water account for 14 percent of total production and mining for the remaining 4 percent.

Senegal Business Last Previous Highest Lowest Unit
Industrial Production 2.80 1.90 26.90 -22.40 percent [+]
Internet Speed 2017.37 2006.42 2017.37 472.51 KBps [+]
IP Addresses 104017.00 99430.00 113145.00 21476.00 IP [+]
Mining Production -10.10 -2.70 78.90 -54.40 percent [+]
Industrial Production Mom -0.80 4.10 29.50 -25.80 percent [+]
Ease of Doing Business 123.00 141.00 178.00 123.00 [+]
Capacity Utilization 91.50 88.40 91.50 50.00 percent [+]
Competitiveness Index 49.69 49.03 49.69 3.60 Points [+]
Competitiveness Rank 114.00 113.00 117.00 92.00 [+]
Corruption Index 45.00 45.00 45.00 29.00 Points [+]
Corruption Rank 67.00 66.00 112.00 52.00 [+]