Country intelligence

Senegal

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 14 Nov 2026, 15:14 UTC

Partner risk indices

Country Risk Index
54.8
Political Risk Index
44.5
Short-Term Economic Risk Index
62.9
Long-Term Economic Risk Index
60.8
Operational Risk Index
58

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth6.7%2025 (estimate)IMF WEO
Inflation, average consumer prices1.4%2025 (estimate)IMF WEO
GDP, current pricesUS$37.1bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$1,9342025 (estimate)IMF WEO
General government gross debt127.7%2025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-6.4%2025 (estimate)IMF WEO
Current account balance-1.2%2025 (estimate)IMF WEO
Population18.9 million2025World Bank WDI
Population growth2.3%2025World Bank WDI
Urban population55.8%2025World Bank WDI
Unemployment (modelled ILO estimate)2.7%2025World Bank WDI
Foreign direct investment, net inflows0.1%2025World Bank WDI
External debt stocks131.4%2025World Bank WDI
Official exchange rate (period average)581.9 LCU per USD2025World Bank WDI
Trade (exports plus imports)71.1%2025World Bank WDI
Bank lending interest rate5.3%2016World Bank WDI
Domestic credit to the private sector30.9%2025World Bank WDI
Internet users60.1%2024World Bank WDI
Mobile subscriptions123.9 per 100 people2024World Bank WDI
Fixed broadband subscriptions4.04 per 100 people2024World Bank WDI
Access to electricity82.9%2024World Bank WDI
Renewable share of final energy consumption35.4%2021World Bank WDI
Oil rents0%2021World Bank WDI
Fuel exports32.7%2024World Bank WDI
Mineral rents2.9%2021World Bank WDI
Ores and metals exports7.9%2024World Bank WDI
Agriculture, forestry and fishing, value added17.1%2025World Bank WDI
Employment in agriculture29.6%2025World Bank WDI
Manufacturing, value added13.2%2025World Bank WDI
Industry (including construction), value added26.1%2025World Bank WDI
Services, value added46.3%2025World Bank WDI
Political stability and absence of violence62.692025World Bank WGI
Regulatory quality50.972025World Bank WGI
Rule of law55.462025World Bank WGI
Control of corruption51.072025World Bank WGI
Government effectiveness57.472025World Bank WGI

Market overview

  • Senegal is in West Africa and is classified by the World Bank as Lower middle income. (World Bank)
  • Population: 18.9 million (2025). (World Bank WDI)
  • GDP: US$37.1bn in 2025 (estimate). (IMF WEO)

Economic conditions

  • Real GDP growth: 6.7% in 2025 (estimate). (IMF WEO)
  • Average consumer price inflation: 1.4% in 2025 (estimate). (IMF WEO)
  • General government gross debt: 127.7% of GDP in 2025 (estimate). (IMF WEO)
  • Current account balance: -1.2% of GDP in 2025 (estimate). (IMF WEO)
  • Government net lending/borrowing: -6.4% of GDP in 2025 (estimate). (IMF WEO)
  • Official exchange rate averaged 581.93 local currency units per US dollar in 2025, against 606.57 in 2023: 4.1% more units per dollar fewer (the currency strengthened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 54.8 (rank 19 of 53 in Africa, 1 = lowest risk); Political Risk Index 44.5 (rank 8 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 62.9 (rank 46 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 60.8 (rank 40 of 53 in Africa, 1 = lowest risk); Operational Risk Index 58 (rank 13 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: logistics risk (64.4, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 51; government effectiveness 57; political stability and absence of violence 63; rule of law 55; regulatory quality 51. (World Bank WGI)
  • External debt stocks: 131.4% of GNI (2025). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 2.7% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 0.1% of GDP (2025). (World Bank WDI)
  • Domestic credit to the private sector: 30.9% of GDP (2025). (World Bank WDI)
  • Bank lending interest rate: 5.3% (2016). (World Bank WDI)
  • Trade (exports plus imports): 71.1% of GDP (2025). (World Bank WDI)
  • The Meridian holds 608 published records tagged to Senegal. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 82.9% of population (2024); renewable share of final energy consumption 35.4% (2021). (World Bank WDI)
  • Mining and minerals: mineral rents 2.9% of GDP (2021); ores and metals exports 7.9% of merchandise exports (2024). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 0.1% of GDP (2025); bank lending interest rate 5.3% (2016). (World Bank WDI)
  • Technology, media and telecoms: internet users 60.1% of population (2024); mobile subscriptions 123.9 per 100 people (2024). (World Bank WDI)
  • Agriculture: agriculture, forestry and fishing, value added 17.1% of GDP (2025); employment in agriculture 29.6% of employment (2025). (World Bank WDI)
  • Manufacturing and industry: manufacturing, value added 13.2% of GDP (2025); industry (including construction), value added 26.1% of GDP (2025). (World Bank WDI)
  • Infrastructure and real estate: urban population 55.8% of population (2025); access to electricity 82.9% of population (2024). (World Bank WDI)

Recent developments

Data limitations and sources

  • Older data, shown with its period and not described as current: Bank lending interest rate (Latest published value is for 2016); Renewable share of final energy consumption (Latest published value is for 2021); Oil rents (Latest published value is for 2021); Mineral rents (Latest published value is for 2021).
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

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Economic baseline (World Bank / IMF)

GDP
$37.1bn2025
Real GDP growth
6.7%2025
GDP per capita
$1,9342025
Consumer price inflation
1.4%2025
Population
19.2m2025
Current account balance (% of GDP)
-1.2%2025
General government gross debt (% of GDP)
127.7%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors active in Senegal

All investors and indicators for Senegal