The economy of Senegal grew 4.2 percent year-on-year in the second quarter of 2018, slowing from a downwardly revised 6.2 percent expansion in the previous period. It was the weakest growth rate since the last quarter of 2016, as a slower growth was recorded in services activity (5.6 percent from 7.8 percent in Q1), namely internal trade (1.5 percent from 6.9 percent); information and communication (3.3 percent from 12.2 percent) and public administration (7.1 percent from 7.4 percent). Also, output growth eased in the secondary sector (0.8 percent from 1.7 percent), driven by chemicals (-1.5 percent from 12.9 percent) and construction (3.4 percent from 13.1 percent). Additionally, the primary activity advanced at a softer pace (5.3 percent from 6.6 percent), mainly due to fishing (-3.3 percent from 12.4 percent). On a quarterly basis, the GDP expanded 1.5 percent, after contracting 1.6 percent in the first quarter of the year. GDP Annual Growth Rate in Senegal averaged 3.48 percent from 1961 until 2018, reaching an all time high of 9.90 percent in the fourth quarter of 2015 and a record low of -6.55 percent in the fourth quarter of 1969.

Senegal GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-03 12:00 PM GDP Growth Rate YoY 9.1% 7.1% 6.8%
2018-07-03 02:00 PM GDP Growth Rate YoY 6.3% 8.7% 8.3%
2018-10-01 11:50 AM GDP Growth Rate YoY 4.2% 6.2% 6.6%
2018-12-17 02:00 PM GDP Growth Rate YoY 4.2% 6%


Senegal GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 -1.60 27.10 -14.80 percent [+]
GDP Annual Growth Rate 4.20 6.30 9.90 -6.55 percent [+]
GDP 16.37 14.68 16.37 0.79 USD Billion [+]
GDP per capita 1134.10 1092.30 1134.10 790.50 USD [+]
GDP per capita PPP 2470.60 2379.50 2470.60 1722.10 USD [+]
GDP From Agriculture 104.40 184.90 686.70 41.10 Million FCFA [+]
GDP From Mining 65.50 57.50 65.50 10.00 Million FCFA [+]


Senegal GDP Annual 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). This page provides - Senegal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 6.30 9.90 -6.55 1961 - 2018 percent Quarterly




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