Senegal Current Account to GDP

Senegal recorded a Current Account deficit of 10.90 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Senegal is reported by the ANSD, Senegal. Current Account to GDP in Senegal averaged -10.03 Percent from 1980 until 2012, reaching an all time high of -5 Percent in 2010 and a record low of -20.10 Percent in 1981. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Senegal Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-10.90 -7.90 -5.00 -20.10 -12.20 | 2013/12 1980 - 2012 Percent Yearly

TO

Senegal Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -96.16 2014-01-31 -195.25 -27.93 -211.21 -179.80 2014-02-28 CFA Franc Billion [+]
Current Account -788.40 2012-12-31 -541.10 -81.70 -843.70 -809.09 2013-12-31 CFA Franc Billion [+]
Current Account to GDP -10.90 2012-12-31 -7.90 -5.00 -20.10 -12.20 2013-12-31 Percent [+]
Exports 94.94 2014-01-31 105.75 150.87 53.19 103.88 2014-02-28 CFA Franc Billion [+]
Imports 191.10 2014-01-31 301.10 312.28 114.49 286.49 2014-02-28 CFA Franc Billion [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Senegal Industrial Production at 3.80 Percent  
Industrial Production in Senegal increased 3.80 percent in February of 2014 over the same month in the previous year. Industrial Production in Senegal is reported by the ANSD, Senegal.
Senegal Inflation Rate at -0.50 Percent  
The inflation rate in Senegal was recorded at -0.50 percent in March of 2014. Inflation Rate in Senegal is reported by the ANSD, Senegal.
Senegal Government Debt To GDP at 59.40 Percent  
Senegal recorded a Government Debt to GDP of 59.40 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Senegal is reported by the Central Bank of West African States (BCEAO).
Senegal Current Account at -788.40 CFA Franc Billion  
Senegal recorded a Current Account deficit of 788.40 CFA Franc Billion in 2012. Current Account in Senegal is reported by the ANSD, Senegal.
Senegal Current Account to GDP at -10.90 Percent  
Senegal recorded a Current Account deficit of 10.90 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Senegal is reported by the ANSD, Senegal.
Senegal GDP Annual Growth Rate at 0.30 Percent  
The Gross Domestic Product (GDP) in Senegal expanded 0.30 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Senegal is reported by the ANSD, Senegal.
Senegal Population at 12.87 Million  
The total population in Senegal was last recorded at 12.9 million people in 2013 from 3.2 million in 1960, changing 305 percent during the last 50 years. Population in Senegal is reported by the World Bank.
Senegal Balance of Trade at -96.16 CFA Franc Billion  
Senegal recorded a trade deficit of 96.16 CFA Franc Billion in January of 2014. Balance of Trade in Senegal is reported by the ANSD, Senegal.
Senegal Exports at 94.94 CFA Franc Billion  
Exports in Senegal decreased to 94.94 CFA Franc Billion in January of 2014 from 105.75 CFA Franc Billion in December of 2013. Exports in Senegal is reported by the ANSD, Senegal.
Senegal Imports at 191.10 CFA Franc Billion  
Imports in Senegal decreased to 191.10 CFA Franc Billion in January of 2014 from 301.10 CFA Franc Billion in December of 2013. Imports in Senegal is reported by the ANSD, Senegal.
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