Senegal 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$30.85 billion
↑ 11.69% vs 2022GDP per Capita
$1,706.44
↑ 9.06% vs 2022GDP Growth (Annual %)
4.58%
↑ 0.76pp vs 2022Inflation Rate (CPI %)
5.94%
↓ 3.76pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $27.62 billion | $30.85 billion | +11.69% |
| GDP per Capita | $1,564.75 | $1,706.44 | +9.06% |
| GDP Growth (Annual %) | 3.83% | 4.58% | +0.76pp |
| Inflation (CPI %) | 9.70% | 5.94% | -3.76pp |
| Unemployment Rate (%) | 2.84% | 2.80% | -0.04pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $30.85 billion
- GDP per Capita
- $1,706.44
- GDP Growth (Annual %)
- 4.58%
- Gross National Income
- $29.82 billion
Prices & Employment
- Inflation (CPI %)
- 5.94%
- Inflation (GDP Deflator %)
- 3.85%
- Unemployment Rate (%)
- 2.80%
- 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)
- -19.68%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Senegal's Gross Domestic Product (GDP) is $30.85 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Senegal for 2023 is $1,706.44. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Senegal for 2023 is 5.94%. This measures the annual percentage change in the cost of consumer goods and services.
Senegal's annual GDP growth rate for 2023 is 4.58%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Senegal for 2023 is 2.80%. This represents the percentage of the labor force that is unemployed and actively seeking employment.