The Gross Domestic Product (GDP) in Senegal contracted 2.20 percent in the first quarter of 2022 over the previous quarter. source: ANSD, Senegal

GDP Growth Rate in Senegal averaged 1.67 percent from 2010 until 2022, reaching an all time high of 27.10 percent in the fourth quarter of 2015 and a record low of -14.80 percent in the first quarter of 2014. This page provides the latest reported value for - Senegal GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal GDP Growth Rate - values, historical data and charts - was last updated on October of 2022.

GDP Growth Rate in Senegal is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal GDP Growth Rate is projected to trend around 1.80 percent in 2023 and 0.70 percent in 2024, according to our econometric models.

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Senegal GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate -2.20 2.10 percent Mar 2022
GDP Annual Growth Rate 2.90 5.80 percent Jun 2022
GDP from Agriculture 387.50 368.70 XOF Million Mar 2022
GDP from Mining 102.00 102.90 XOF Million Dec 2021

Senegal GDP 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).
Actual Previous Highest Lowest Dates Unit Frequency
-2.20 2.10 27.10 -14.80 2010 - 2022 percent Quarterly