Senegal | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 610.40 629 635 642 654 747 [+]
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 4.00 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 15.26 19.49 19.61 19.72 19.84 58.96 Million [+]
Living Wage Family 181181.00 174335 175163 175063 175075 175074 XOF/Month [+]
Living Wage Individual 97598.60 96595 96135 95924 95828 95746 XOF/Month [+]
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 2.00 0.9 0.6 0.8 0.9 1.5 percent [+]
Food Inflation 6.30 4.8 5.73 5.46 5.48 5.49 percent [+]
Inflation Rate Mom -0.10 0.09 0.2 0.02 0.09 0.09 percent [+]
Export Prices 130.40 132 132 132 132 132 [+]
Consumer Price Index Cpi 105.60 105 105 105 106 105 Index Points [+]
Import Prices 102.50 104 105 105 105 105 [+]
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 [+]
Money Supply M2 4137027.70 4382793 4429255 4445514 4457591 4019331 XOF Million [+]
Lending Rate 8.55 8.55 8.55 8.55 8.55 8.55 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -149.50 -133 -147 -143 -142 -142 CFA Franc Billion [+]
Exports 126.40 114 112 112 112 112 CFA Franc Billion [+]
Imports 524.40 351 304 291 293 293 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 -0.10 2.73 2.81 3.12 3.01 3.04 percent [+]
Leading Economic Index 3.20 3.16 3.09 3.09 3.1 3.1 [+]
Mining Production 11.30 9.57 8.23 8.1 8.13 8.14 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 45.00 42 44 45 47 45 Points [+]
Corruption Rank 64.00 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 [+]
Industrial Production Mom -6.40 -0.45 -1.07 0.18 0.84 0.72 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. 3/26/2017