The economy of Senegal advanced by 7.1 percent from a year earlier in the fourth quarter of 2021, following a 10.6 percent expansion in the previous period. Output grew at a slower pace in both the secondary (11.7 percent vs 15.1 percent in Q3) and the tertiary sectors (7.6 percent vs 10.6 percent). Additionally, primary activities shrank (-1 percent vs 2.9 percent). On a seasonally adjusted quarterly basis, the GDP rose 2.1 percent. Considering the full year of 2021, the GDP grew 6 percent, accelerating from a 1.3 percent expansion in 2020. source: ANSD, Senegal
GDP Annual Growth Rate in Senegal averaged 3.83 percent from 1961 until 2021, reaching an all time high of 10.70 percent in the second quarter of 2021 and a record low of -6.55 percent in the fourth quarter of 1969. This page provides - Senegal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
GDP Annual Growth Rate in Senegal is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal GDP Annual Growth Rate is projected to trend around 8.50 percent in 2023 and 10.30 percent in 2024, according to our econometric models.