Senegal | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 609.97 620 626 632 638 736 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate -2.50 0.88 2.25 1.61 1.91 1.82 percent [+]
GDP Annual Growth Rate 5.70 5.9 6.27 6.41 6.5 6.86 percent [+]
GDP 13.78 13.75 13.86 13.96 14.06 13.57 USD Billion [+]
GDP per capita 1043.97 1044 1047 1051 1054 1094 USD [+]
GDP per capita PPP 2287.67 2318 2327 2336 2345 2431 USD [+]
Gdp From Mining 19.60 18.68 19.05 19.29 19.35 19.23 Million FCFA [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 13.40 13 13 13 12.29 12.31 percent [+]
Population 15.13 19.84 21.44 23.05 24.65 58.96 Million [+]
Wages High Skilled 297100.00 319874 324510 328788 332734 363272 XOF/Month [+]
Wages Low Skilled 88000.00 86449 86449 86449 86449 86449 XOF/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -0.30 0.7 0.9 0.6 0.8 1.5 percent [+]
Food Inflation 0.40 1.99 1.64 2.08 1.92 1.94 percent [+]
Inflation Rate Mom 0.40 -0.4 0.1 0.19 0.05 0.1 percent [+]
Import Prices 89.70 87.06 86.08 86.06 86.15 86.17 [+]
Export Prices 135.20 136 135 136 135 136 [+]
Consumer Price Index Cpi 107.10 106 104 104 105 105 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]
Money Supply M0 1296135.30 1421098 1440217 1460898 1482452 1799904 XOF Million [+]
Deposit Interest Rate 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]
Lending Rate 8.55 8.55 8.55 8.55 8.55 8.55 percent [+]
Money Supply M2 4156578.70 4364531 4382793 4429255 4445514 4019331 XOF Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -168.70 -138 -139 -142 -141 -141 CFA Franc Billion [+]
Exports 87.00 112 117 117 117 117 CFA Franc Billion [+]
Imports 255.80 275 275 273 273 273 CFA Franc Billion [+]
Current Account -499.30 -620 -620 -652 -662 -416 XOF Billion [+]
Current Account to GDP -8.10 -7.9 -8.05 -8.2 -8.35 -8.49 percent [+]
Capital Flows -238.00 78.52 33.72 -11.07 -55.87 -109 XOF Billion [+]
Terrorism Index 2.60 2.05 2.06 2.07 2.08 2.09 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 44.20 45.32 46 46.67 47.35 52.39 percent [+]
Government Budget -4.50 -5.46 -5.4 -5.35 -5.29 -5.1 percent of GDP [+]
Military Expenditure 255.50 255 256 258 261 275 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 6.30 12.72 7.26 11.6 9.56 9.2 percent [+]
Leading Economic Index 3.10 3.06 3.02 3.03 3.03 3.03 [+]
Mining Production 17.00 23.58 24.44 24.65 24.71 24.73 percent [+]
Industrial Production Mom -14.00 1.04 2.3 1.29 0.62 0.69 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 41.14 40.26 39.38 38.5 33.31 Points [+]
Corruption Rank 61.00 60.35 61.11 61.86 62.62 77.87 [+]
Capacity Utilization 60.40 62.95 63.52 61.6 62.09 62.61 percent [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales Yoy -12.50 -7.41 -11.53 -12.63 -8.69 -11.54 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/7/2016