Senegal 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$24.53 billion
↑ 4.81% vs 2019GDP per Capita
$1,461.09
↑ 2.09% vs 2019GDP Growth (Annual %)
1.34%
↓ 3.27pp vs 2019Inflation Rate (CPI %)
2.54%
↑ 0.78pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $23.40 billion | $24.53 billion | +4.81% |
| GDP per Capita | $1,431.18 | $1,461.09 | +2.09% |
| GDP Growth (Annual %) | 4.61% | 1.34% | -3.27pp |
| Inflation (CPI %) | 1.76% | 2.54% | +0.78pp |
| Unemployment Rate (%) | 2.86% | 3.44% | +0.57pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $24.53 billion
- GDP per Capita
- $1,461.09
- GDP Growth (Annual %)
- 1.34%
- Gross National Income
- $24.12 billion
Prices & Employment
- Inflation (CPI %)
- 2.54%
- Inflation (GDP Deflator %)
- 1.60%
- Unemployment Rate (%)
- 3.44%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -10.85%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Senegal's Gross Domestic Product (GDP) is $24.53 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Senegal for 2020 is $1,461.09. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Senegal for 2020 is 2.54%. This measures the annual percentage change in the cost of consumer goods and services.
Senegal's annual GDP growth rate for 2020 is 1.34%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Senegal for 2020 is 3.44%. This represents the percentage of the labor force that is unemployed and actively seeking employment.