Senegal Q3 GDP Annual Growth Weakest in 5 Quarters

2025-12-30 01:02 By Chusnul Chotimah 1 min. read

Senegal’s economy advanced by 4.2% year-on-year in Q3 2025, slowing sharply from an 11.8% surge in Q2, which was the second-fastest growth rate since records began in 1961, and marking the softest expansion since Q2 2024.

Growth was driven by strong performances in the primary sector (+7.3%), secondary sector (+7.2%), tertiary sector (+2.4%), as well as net taxes (+0.5%).

Excluding hydrocarbons (oil and gas), GDP grew by 1.8%.

From the demand side, growth was primarily supported by increases in exports (+11.6%), final consumption (+3.3%), and gross fixed capital formation (+2.8%), while imports fell by 3.9%.

On a seasonally adjusted quarterly basis, the economy expanded by 0.8% in Q3, following an upwardly revised 0.4% increase in Q2.



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Senegal Q3 GDP Annual Growth Weakest in 5 Quarters
Senegal’s economy advanced by 4.2% year-on-year in Q3 2025, slowing sharply from an 11.8% surge in Q2, which was the second-fastest growth rate since records began in 1961, and marking the softest expansion since Q2 2024. Growth was driven by strong performances in the primary sector (+7.3%), secondary sector (+7.2%), tertiary sector (+2.4%), as well as net taxes (+0.5%). Excluding hydrocarbons (oil and gas), GDP grew by 1.8%. From the demand side, growth was primarily supported by increases in exports (+11.6%), final consumption (+3.3%), and gross fixed capital formation (+2.8%), while imports fell by 3.9%. On a seasonally adjusted quarterly basis, the economy expanded by 0.8% in Q3, following an upwardly revised 0.4% increase in Q2.
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