Markets Actual Q2 Q3 Q4 Q1 2023
Currency 621.25 630 641 651 662 684

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 2.10 0.8 2 1.3 1.3 0.7
GDP Annual Growth Rate (%) 7.10 5.5 6 5 7.5 8.5
Unemployment Rate (%) 22.60 24 23.6 24.2 23.8 23
Inflation Rate (%) 7.40 8 6.7 5 4.2 3.4
Interest Rate (%) 4.00 4 4.5 4.5 4.5 4.5
Balance of Trade (XOF Billion) -312.40 -290 -230 -230 -180 -220
Current Account to GDP (% of GDP) -10.40 -14 -14 -14 -10.8 -10.8
Government Debt to GDP (% of GDP) 73.00 68 68 68 70 70
Government Budget (% of GDP) -5.90 -5.4 -5.4 -5.4 -4.7 -4.7
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 2.10 0.8 2 1.3 1.3 0.7
GDP Annual Growth Rate (%) 7.10 5.5 6 5 7.5 8.5
GDP (USD Billion) 24.91 26.7 26.7 26.7 26.7 28
GDP per capita (USD) 1356.38 1450 1450 1450 1450 1600
GDP per capita PPP (USD) 3300.09 3260 3260 3350 3350 3350
GDP From Agriculture (XOF Million) 384.30 383 395 404 413 438
GDP From Mining (XOF Million) 102.00 86.51 109 107 110 116

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 22.60 24 23.6 24.2 23.8 23
Population (Million) 16.70 17.14 17.14 17.57 17.57 17.57

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 7.40 8 6.7 5 4.2 3.4
Food Inflation (%) 12.00 13 10 8 7 5
Consumer Price Index CPI (points) 115.50 117 120 118 118 122
Producer Prices Change (%) 25.70 28 24 20 18 13
Inflation Rate Mom (%) 0.70 0.8 -0.1 0.3 0.3 0.4

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 4.00 4 4.5 4.5 4.5 4.5
Lending Rate (%) 8.23 8.23 8.73 8.73 8.73 8.73

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (XOF Billion) -312.40 -290 -230 -230 -180 -220
Current Account to GDP (% of GDP) -10.40 -14 -14 -14 -10.8 -10.8
Imports (XOF Billion) 544.30 565 480 540 470 520
Exports (XOF Billion) 231.90 275 250 310 290 300

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 73.00 68 68 68 70 70
Government Budget (% of GDP) -5.90 -5.4 -5.4 -5.4 -4.7 -4.7
Military Expenditure (USD Million) 378.00 360 360 360 360 360

Taxes Actual Q2 Q3 Q4 Q1 2023
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 Q2 Q3 Q4 Q1 2023
Industrial Production (%) -6.10 3.5 7 5 10 10
Capacity Utilization (%) 81.70 78 80 82 78 83
Mining Production (%) -13.10 4 4 4 4 4
Industrial Production Mom (%) 3.10 15 15 15 15 15


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Senegal Forecast - was last updated on Wednesday, June 29, 2022.