Senegal recorded a Current Account deficit of 5.30 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Senegal averaged -9.80 percent from 1980 until 2017, reaching an all time high of -5 percent in 2010 and a record low of -20.10 percent in 1981.

Current Account to GDP in Senegal is expected to be -8.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Current Account to GDP is projected to trend around -6.20 percent in 2020, according to our econometric models.

Senegal Current Account to GDP
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Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -259.80 -148.10 -27.93 -259.80 CFA Franc Billion [+]
Current Account -708.00 -498.00 -81.70 -843.70 XOF Billion [+]
Current Account to GDP -5.30 -7.10 -5.00 -20.10 percent [+]
Exports 184.20 128.30 203.30 53.19 CFA Franc Billion [+]
Imports 444.00 276.40 524.40 114.49 CFA Franc Billion [+]
Capital Flows -1063.10 -719.50 1851.70 -1063.10 XOF Billion [+]
Terms Of Trade 121.50 123.90 141.90 -550.00 Index Points [+]
Terrorism Index 1.01 1.80 3.88 0.04 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Senegal Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Senegal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.30 -7.10 -5.00 -20.10 1980 - 2017 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 2.90 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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