We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Senegal

World Rank 86 2.27 Senegal flag svg
Capital
Area
Currency
Dakar
196,712 km 2
West African CFA franc (XOF)

Table of Contents

Introduction

Senegal is an African country located in the so-called Sub-Saharan region. More precisely, it is located in West Africa with such bordering nations as Mauritania, Mali, Guinea, and Guinea-Bissau. However, they also share borders with The Gambia, which is so small Senegal nearly surrounds them. The capital and the most important city in Senegal is Dakar. Noteworthy is the fact that the official language is French - the remnants of French colonizations.

Economy

Senegalese economy is the brightest out of all its neighbours. However, with the GDP of $57 billion, they are far behind the largest African nations such as Nigeria, South Africa, or Ethiopia. However, it still gives them 14th place when we take into account the Sub-Saharan region of Africa.

Another important thing worth mentioning is the GDP per capita. It is an indicator of wealth of the average Senegalese citizen. In this case, Senegal is rapidly catching up the average of the region. However, as of 2019, their GDP per capita (PPP included) was $3,545 

Population

Senegal is a relatively small nation with modest population numbers. In 2019, there were roughly 17 million citizens. As a result of their quite large land coverage, it gives the density of 68 citizens per square kilometer.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#98 (2021)
27,625,388,352 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#127 (2021)
-5,147,438,595 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#146 (2021)
3.50 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)