Industrial Production in Senegal decreased 6.20 percent in August of 2020 over the same month in the previous year.

Industrial Production in Senegal averaged 2.57 percent from 2009 until 2020, reaching an all time high of 26.90 percent in August of 2016 and a record low of -22.40 percent in June of 2013. This page provides - Senegal Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Industrial Production in Senegal is expected to be -5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Senegal to stand at 2.50 in 12 months time. In the long-term, the Senegal Industrial Production is projected to trend around 2.50 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

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Senegal Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-6.20 -7.20 26.90 -22.40 2009 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 11:30 AM May -3.7% 13.3% -2.4%
2020-08-21 02:30 PM Jun 1.4% -3.7% 2.7%
2020-09-18 10:00 AM Jul -7.2% 1.4% 2.2%
2020-10-19 12:00 PM Aug -6.2% -7.2% -6%
2020-11-20 03:30 PM Sep -6.2% -4.5%
2020-12-18 03:30 PM Oct

News Stream
Senegal Industrial Output Rebounds in June
Industrial production in Senegal rose 1.4 percent year-on-year in June 2020, after dropping 3.7 percent in the previous month, amid the easing of coronavirus lockdown restrictions. Output rebounded for chemicals (4.6 percent from -3.3 percent in May); construction (10 percent from -10.4 percent); mining (25.3 percent from -7.7 percent); mechanical industries (28 percent from -52.2 percent); and paper & cardboard (21.1 percent from -8.8 percent). Additionally, energy production advanced 9.2 percent, faster than a 4.9 percent rise in the prior month. On a monthly basis, industrial output went down 0.2 percent, following a 10.9 percent slump in May. Considering the first half of the year, industrial production increased 2.3 percent over a year earlier.
Senegal Industrial Output Drops the Most in Over a Year
Industrial production in Senegal fell 3.7 percent year-on-year in May 2020, after rising a downwardly revised 13.3 percent in the previous month. It was the biggest decline in industrial output since March last year, amid the coronavirus pandemic. Production dropped for paper & cardboard (-8.8 percent vs 26.5 percent); and chemicals (-3.3 percent vs 80.3 percent). Also, output fell further for construction (-10.4 percent vs -3.2 percent); and mechanical industries (-52.2 percent vs -3.1 percent). In contrast, energy production increased at a faster pace (4.9 percent vs 2.5 percent) while mining output decreased less (-7.7 percent vs -11.3 percent). Considering the first five months of the year, industrial production went up 2.4 percent over a year earlier.
Senegal Industrial Output Growth at 5-Month Low
Senegal's industrial production increased 1.1 percent year-on-year in September 2019, the least since April, compared to a downwardly revised 3.8 percent rise in the prior month. Within manufacturing, output continued to decline for food (-7.2 percent vs -5.4 percent in August) and building materials (-9.6 percent vs 2.1 percent) while slower growth was recorded for mechanical industries (13.6 percent vs 63.2 percent). At the same time, mining output was flat (vs 0.4 percent) but energy continued to advance solidly (8.1 percent vs 8.0 percent). On a monthly basis, industrial production shrank 4.6 percent, after an upwardly revised 7.2 percent slump in the previous month. Year-to-date, industrial activity grew 2.4 percent compared to the same period a year ago.

Senegal Industrial Production
In Senegal, industrial production measures the output of businesses integrated in the industrial sector of the economy. Manufacturing is the most important sector and accounts for around 81 percent of total production. The biggest segments within manufacturing are: food (41 percent of total production), chemicals (17 percent of total production) and construction materials (16 percent of total production). Utilities including electricity and water account for 14 percent of total production and mining for the remaining 4 percent.