The economy of Senegal advanced by 5.8% year-on-year in Q1 2026, the most since Q2 2025, following a 4.2% growth in the previous period. The expansion was mainly driven by strong performance in the secondary sector (+8.6%), followed by the primary sector (+5.7%), the tertiary sector (+5.2%), and, to a lesser extent, net taxes on goods and services (+1.6%). Excluding hydrocarbons, GDP rose by 4.7%. From a demand perspective, growth was mainly supported by higher exports (+8.2%) and final consumption (+4.9%). However, gross fixed capital formation declined by 7.5%. On a seasonally adjusted quarterly basis, the GDP rose by 1.2%. source: ANSD, Senegal
The Gross Domestic Product (GDP) in Senegal expanded 5.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Senegal averaged 4.03 percent from 1961 until 2026, reaching an all time high of 11.60 percent in the fourth quarter of 2024 and a record low of -6.55 percent in the fourth quarter of 1969. This page provides - Senegal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
The Gross Domestic Product (GDP) in Senegal expanded 5.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Senegal is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal GDP Annual Growth Rate is projected to trend around 3.00 percent in 2027 and 4.50 percent in 2028, according to our econometric models.