Data at glance of Senegal - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2022 2023 2024 2025 2026
real gdp growth 2.65 3.15 3.46 3.1 4.62 4.3 6.1 7.9 2.2 2.3
CPI % 6.05 4.49 2.62 -0.5 1.15 5.9 0.8 1.4 2.5 2.2
Unemployment rate - - - - - - - - - -
Debt/GDP % - 31.84 34.73 32.25 53.29 118.4 132.4 130.2 132.3 133.4
Current account balance/GDP % -7.33 -5.72 -6.47 -4.4 -7.64 -19.8 -11.3 -5.6 -6.2 -5.8

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Senegal is one of the few countries in the world with evidence of continuous human life from the Paleolithic period to present. Between the 14th and 16th centuries, the Jolof Empire ruled most of Senegal. Starting in the 15th century, Portugal, the Netherlands, France, and Great Britain traded along the Senegalese coast. Senegal’s location on the western tip of Africa made it a favorable base for the European slave trade. European powers used the Senegalese island of Goree as a base to purchase slaves from the warring chiefdoms on the mainland, and at the height of the slave trade in Senegal, over one-third of the Senegalese population was enslaved. In 1815, France abolished slavery and began expanding inland. During the second half of the 19th century, France took possession of Senegal as a French colony. In 1959, the French colonies of Senegal and French Sudan were merged and granted independence in 1960 as the Mali Federation. The union broke up after only a few months. In 1982, Senegal joined with The Gambia to form the nominal confederation of Senegambia. The envisaged integration of the two countries was never implemented, and the union dissolved in 1989. Since the 1980s, the Movement of Democratic Forces in the Casamance -- a separatist movement based in southern Senegal -- has led a low-level insurgency. Several attempts at reaching a comprehensive peace agreement have failed. Since 2012, despite sporadic incidents of violence, an unofficial cease-fire has remained largely in effect. Senegal is one of the most stable democracies in Africa and has a long history of participating in international peacekeeping and regional mediation. The Socialist Party of Senegal ruled for 40 years until Abdoulaye WADE was elected president in 2000 and re-elected in 2007. WADE amended Senegal's constitution over a dozen times to increase executive power and weaken the opposition. In 2012, WADE’s decision to run for a third presidential term sparked public backlash that led to his loss to current President Macky SALL. A 2016 constitutional referendum limited future presidents to two consecutive five-year terms. President Bassirou Diomaye FAYE took office in April 2024.

Environment

Area: 196,722 sq km km2

Climate: tropical; hot, humid; rainy season (May to November) has strong southeast winds; dry season (December to April) dominated by hot, dry, harmattan wind

Natural resources: fish, phosphates, iron ore

Ethnic characteristics

Groups: Wolof 39.7%, Pulaar 27.5%, Sereer 16%, Mandinka 4.9%, Jola 4.2%, Soninke 2.4%, other 5.4% (includes Europeans and persons of Lebanese descent) (2019 est.)

Languages:

Religions: Muslim 97.2% (most adhere to one of the four main Sufi brotherhoods), Christian 2.7% (mostly Roman Catholic) (2019 est.)

Government

Capital: Dakar

Government type: presidential republic

Executive branch

Chief of state: President Bassirou Diomaye FAYE (since 2 April 2024)

Head of government: Prime Minister Ousmane SONKO (since 2 April 2024)

Legislative branch

Description: National Assembly (Assemblée nationale) - unicameral

Economic Overview

lower middle-income, services-driven West African economy; key mining, construction, agriculture, and fishing industries; tourism and exports hit hard by COVID-19; large informal economy; developing offshore oil and gas fields; systemic corruption

Industries

agricultural and fish processing, phosphate mining, fertilizer production, petroleum refining, zircon, and gold mining, construction materials, ship construction and repair

GDP by sector: Agriculture: 15.5% (2024 est.), Industry: 25.4% (2024 est.), Services: 49.1% (2024 est.)

Trade

Export partners: Mali 21%, India 12%, Switzerland 11%, China 5%, UAE 4% (2023)

Export commodities: gold, refined petroleum, phosphoric acid, fish, cement (2023)

Import partners: China 19%, France 9%, Nigeria 7%, India 7%, Russia 5% (2023)

Import commodities: refined petroleum, crude petroleum, rice, garments, wheat (2023)

Geography

Western Africa, bordering the North Atlantic Ocean, between Guinea-Bissau and Mauritania

Defence

Military expenditure: 2024: 1.6% of GDP (2024 est.)

Information derived from worldfactbook.io (Lupon Media), open successor to the CIA World Factbook. Data sourced from World Bank, IMF, UN and other international organizations.