Source
Central bank

Central Bank of West African States (BCEAO)

International Reserves

US$ 2.253 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 17 billion (2014 estimate)

GDP (Purchasing Power Parity)

29 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
6.7% 5.9% 5.6% 2.5% 4.9% 3.7% 2.4% 4.3%
2011 2012 2013 2014*        
2.1% 3.5% 4.0% 4.6%        

*Estimate

GDP per capita - current prices

US$ 1,154 (2014 estimate)

GDP per capita - PPP

$2,020 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.04% 0.03% 0.03% 0.03% 0.03%

*Estimate

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 14.9% 
  • industry: 22.7% 
  • services: 62.4% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2011 2012 2013 2014*
3.4% 1.4% 0.8% 1.4%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
35.5% 40.5% 43.4% 45.9% 47.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-5.2% -6.3% -5.6% -5.4% -4.9%

*Estimate  

Government bond ratings

Standard & Poor's: B+

Moody's rating: B1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Senegal

N/A

 
 
Source
Current account balance

US$ -1.264 billion (2014 estimate)

Current account balance by percentage of GDP

-7.533% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

24.3% (2012)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.02% (2012)

(Data were released in 2014)

Total exports

US$2.691 billion (2013 estimate) 

Export commodities

fish, groundnuts (peanuts), petroleum products, phosphates, cotton

Total imports

US$ 5.61 billion (2013 estimate) 

 
 
Source
Import commodities

food and beverages, capital goods, fuels

Exports - major partners

Mali 14.4%, Switzerland 14.1%, India 11.9%, France 4.7%, Guinea 4.2% (2012)

Imports - major partners

France 16.2%, Nigeria 12.9%, India 6.3%, China 6.3%, UK 4.6% (2012)

FDI inflows
2011 2012 2013
US$ 338 million US$ 276 million US$ 298 million
FDI outflows
2011 2012 2013  
US$ 47 million US$ 56 million US$ 32 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US% 0 million US$ 0 million US$ 0 million US$ 0 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 178 out of 189 countries (2013)

Subcategories:

Starting a business: 110 out of 189 countries

Enforcing Contracts: 167 out of 189 countries

Registering Property: 174 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 170 out of 189 countries

Trading across border: 80 out of 189 countries

Paying Taxes: 182 out of 189 countries

Dealing with Construction Permits: 165 out of 189 countries

Getting Electricity: 182 out of 189 countries

Resolving Insolvency: 122 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

112

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 125 Score: 55.4 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC 0

Total area

196,722 sq km

Capital

Dakar

Currency

Communaute Financiere Africaine francs (XOF)

Government type

republic

Languages

French (official), Wolof, Pulaar, Jola, Mandinka

Religions

Muslim 94% (most adhere to one of the four main Sufi brotherhoods), Christian 5% (mostly Roman Catholic), indigenous beliefs 1%

Total population
1990 2000 2010 2014* 2019**
7.606 million 9.862 million 12.951 million 14.54 million 16.803 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
23% 36% 40% 43%
Population median age

18.4 years (2014 est.)

Population growth rate

2.48% (2014 est.)

Life expectancy

60.95 years  (2014 est.)

Adult literacy

49.7% (2009 estimate)

% of population living on less than $2 a day

60.3% (2011)

Inequality of wealth distribution (Gini index)

40.3 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  2.4%   Mobile  92.9% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

20.90% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Dakar 40th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.5 (2010)

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2013

Best of…

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