Markets Actual Q1 Q2 Q3 Q4 2020
Currency 579.20 575 580 585 591 602
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 3.90 7.1 7.5 7.3 7.3 6.86
Unemployment Rate (%) 15.70 15.1 14.1 15.9 14 14
Inflation Rate (%) 1.30 1 0.7 1 1.5 3
Balance of Trade (CFA Franc Billion) -235.60 -188 -194 -197 -195 -196
Current Account to GDP (%) -5.30 -8.3 -8.3 -8.3 -8.3 -9.4
Government Debt to GDP (%) 37.10 40 40 40 40 38
Government Budget (% of GDP) -3.70 -3.7 -3.7 -3.7 -3.7 -3.7
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 3.90 7.1 7.5 7.3 7.3 6.86
GDP (USD Billion) 16.37 15.3 15.3 15.82 15.82 16.8
GDP per capita (USD) 1134.10 1162 1162 1182 1182 1209
GDP per capita PPP (USD) 2470.60 2530 2530 2574 2574 2634
GDP From Agriculture (Million FCFA) 104.40 191 108 112 112 120
GDP From Mining (Million FCFA) 65.50 61.58 70.41 70.28 70.28 75.1
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 15.70 15.1 14.1 15.9 14 14
Population (Million) 15.85 16.7 16.7 16.7 16.7 17.4
Wages High Skilled (XOF/Month) 382000.00 334543 339661 335267 334543 357948
Wages Low Skilled (XOF/Month) 126400.00 110800 124942 124823 110800 111500
Living Wage Family (XOF/Month) 211500.00 209300 211500 211500 211500 211500
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.30 1 0.7 1 1.5 3
Food Inflation (%) 3.00 1.63 1.43 1.6 1.8 2.4
Producer Prices Change (%) 4.70 3.3 3.5 3.6 3.6 4
Consumer Price Index Cpi (Index Points) 107.60 107 105 110 108 112
Money Actual Q1 Q2 Q3 Q4 2020
Deposit Interest Rate (%) 6.93 6.93 6.93 6.93 6.93 6.93
Lending Rate (%) 8.53 8.53 8.53 8.53 8.53 8.53
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (CFA Franc Billion) -235.60 -188 -194 -197 -195 -196
Current Account to GDP (%) -5.30 -8.3 -8.3 -8.3 -8.3 -9.4
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 37.10 40 40 40 40 38
Government Budget (% of GDP) -3.70 -3.7 -3.7 -3.7 -3.7 -3.7
Taxes Actual Q1 Q2 Q3 Q4 2020
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 Q1 Q2 Q3 Q4 2020
Industrial Production (%) -3.50 2.19 2.14 2.14 2.14 2.14


This page has economic forecasts for Senegal including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Senegal economy.