Economic Growth in Senegal
In the year 2024, the economic growth in Senegal was 6.89%, compared to 6.22% in 2014 and 4.26% in 2023. It averaged 5.46% over the last decade. For more GDP information, visit our dedicated page.
Senegal GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Senegal from 2024 to 2020.
Source: Macrobond.
Senegal GDP Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | 1.3 | 6.5 | 3.9 | 4.3 | 6.9 |
| GDP (USD bn) | 24.5 | 27.5 | 27.8 | 30.7 | 32.3 |
| GDP (XOF bn) | 14,119 | 15,261 | 17,330 | 18,619 | 19,565 |
| Economic Growth (Nominal GDP, ann. var. %) | 3.0 | 8.1 | 13.6 | 7.4 | 5.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Senegalese GDP projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Senegalese GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Senegalese GDP projections.
Want to get access to the full dataset of Senegalese GDP forecasts? Send an email to info@focus-economics.com.