Senegal | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 616.72 640 646 652 659 753 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate -1.70 0.81 1.8 1.34 1.55 1.49 percent [+]
GDP Annual Growth Rate 6.00 6.27 6.41 6.5 6.59 6.86 percent [+]
GDP 13.61 14.81 14.46 14.11 13.75 13.57 USD Billion [+]
GDP per capita 1042.49 1024 1030 1037 1044 1094 USD [+]
GDP per capita PPP 2273.62 2251 2273 2296 2318 2431 USD [+]
Gdp From Agriculture 58.60 220 56.33 23 71.23 26.69 Million FCFA [+]
Gdp From Mining 17.60 18.14 18.52 18.65 18.22 18.38 Million FCFA [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 13.40 13 13 13.03 12.13 12.31 percent [+]
Population 15.13 19.49 19.61 19.72 19.84 58.96 Million [+]
Wages High Skilled 297100.00 324510 328788 332734 336375 363272 XOF/Month [+]
Wages Low Skilled 88000.00 86449 86449 86449 86449 86449 XOF/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.10 0.9 0.6 0.8 0.9 1.5 percent [+]
Food Inflation 6.80 2.44 2.8 2.73 2.71 2.73 percent [+]
Inflation Rate Mom -0.90 -0.63 0.32 0.17 0 0.09 percent [+]
Import Prices 86.10 87.06 86.08 86.06 86.15 86.17 [+]
Export Prices 136.20 136 135 136 135 136 [+]
Consumer Price Index Cpi 106.90 105 103 104 105 104 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 1300803.80 1443608 1461558 1479784 1498259 1739027 XOF Million [+]
Deposit Interest Rate 5.24 5.59 5.5 5.41 5.32 5.32 percent [+]
Lending Rate 8.55 8.55 8.55 8.55 8.55 8.55 percent [+]
Money Supply M2 4137027.70 4382793 4429255 4445514 4457591 4019331 XOF Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -201.40 -142 -144 -144 -144 -144 CFA Franc Billion [+]
Exports 95.40 113 113 113 113 113 CFA Franc Billion [+]
Imports 296.80 272 272 271 271 271 CFA Franc Billion [+]
Current Account -499.30 -620 -620 -652 -662 -416 XOF Billion [+]
Current Account to GDP -8.10 -8.59 -8.36 -8.13 -7.9 -8.49 percent [+]
Capital Flows -238.00 23.2 41.64 60.08 78.52 -109 XOF Billion [+]
Terrorism Index 2.60 2.91 2.63 2.34 2.05 2.09 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 44.20 40.17 41.88 43.6 45.32 52.39 percent [+]
Government Budget -4.50 -4.65 -4.92 -5.19 -5.46 -5.1 percent of GDP [+]
Military Expenditure 255.50 255 256 258 261 275 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 3.40 3.17 12.22 11.24 5.09 7.69 percent [+]
Leading Economic Index 3.00 2.97 2.96 2.97 2.97 2.97 [+]
Mining Production 11.30 9.57 8.23 8.1 8.13 8.14 percent [+]
Industrial Production Mom 1.80 -0.01 1.57 1.1 0.63 0.6 percent [+]
Ease of Doing Business 147.00 152 152 152 152 159 [+]
Competitiveness Index 3.74 3.69 3.69 3.69 3.69 3.69 Points [+]
Competitiveness Rank 112.00 109 109 109 109 109 [+]
Corruption Index 44.00 40.96 41.02 41.08 41.14 33.31 Points [+]
Corruption Rank 61.00 63.01 62.12 61.24 60.35 77.87 [+]
Capacity Utilization 57.50 62.71 60.13 59.92 61.62 61.01 percent [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales Yoy -10.80 -9.03 -8.9 -5.74 -9.93 -9.58 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Personal Income Tax Rate 40.00 40 40 40 40 40 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]





Economic Forecasts for Senegal including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Senegal economy. 1/24/2017