Debt service (PPG and IMF only, % of exports of goods, services and) in Senegal
Senegal: Debt service (PPG and IMF only, % of exports of goods, services and) was 18.4% in 2023. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Senegal, 1974–2023
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2023, debt service (ppg and imf only, % of exports of goods, services and) in Senegal stood at 18.4%.
Compared with earlier readings it is up 59.8% on the previous year and up 223.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Senegal peaked at 31.5% in 1987 and was at its lowest, 3.3%, in 2008.
That places Senegal 15th out of 118 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 5.7% | — |
| 1978 | 16.0% | +181.2% |
| 1979 | 17.7% | +10.4% |
| 1980 | 27.7% | +56.9% |
| 1981 | 14.0% | -49.4% |
| 1982 | 10.1% | -28.0% |
| 1983 | 9.8% | -3.4% |
| 1984 | 14.8% | +51.6% |
| 1985 | 19.2% | +29.8% |
| 1986 | 25.9% | +35.2% |
| 1987 | 31.5% | +21.5% |
| 1988 | 30.5% | -3.3% |
| 1989 | 27.6% | -9.4% |
| 1990 | 18.3% | -33.8% |
| 1991 | 20.1% | +9.7% |
| 1992 | 12.5% | -37.5% |
| 1993 | 8.7% | -30.7% |
| 1994 | 16.3% | +87.8% |
| 1995 | 16.5% | +0.8% |
| 1996 | 19.4% | +17.8% |
| 1997 | 17.5% | -9.8% |
| 1998 | 19.8% | +13.2% |
| 1999 | 14.2% | -28.1% |
| 2000 | 14.7% | +3.5% |
| 2001 | 12.6% | -14.5% |
| 2002 | 12.7% | +0.9% |
| 2003 | 11.5% | -9.5% |
| 2004 | 13.5% | +17.0% |
| 2005 | 6.4% | -52.7% |
| 2006 | 6.2% | -2.8% |
| 2007 | 3.5% | -43.4% |
| 2008 | 3.3% | -7.0% |
| 2009 | 4.2% | +29.3% |
| 2010 | 4.4% | +3.7% |
| 2011 | 6.2% | +41.2% |
| 2012 | 5.6% | -9.7% |
| 2013 | 5.7% | +2.5% |
| 2014 | 5.3% | -6.4% |
| 2015 | 6.4% | +19.2% |
| 2016 | 6.8% | +6.9% |
| 2017 | 9.5% | +40.3% |
| 2018 | 10.1% | +5.5% |
| 2019 | 10.9% | +8.1% |
| 2020 | 14.9% | +37.1% |
| 2021 | 19.3% | +29.4% |
| 2022 | 11.5% | -40.2% |
| 2023 | 18.4% | +59.8% |
Senegal compared with similar countries
- Senegal's 18.4% is above the median for lower middle income countries, which is 8.4%, 2.2× the median. (43 countries reporting)
- Senegal's 18.4% is above the median for Sub-Saharan Africa, which is 8.0%, 2.3× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +181.2% | 5.7% | 16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.1% | 5.7% | 17.7% | 3 |
| 1980s | 21.1% | 9.8% | 31.5% | 10 |
| 1990s | 16.3% | 8.7% | 20.1% | 10 |
| 2000s | 8.9% | 3.3% | 14.7% | 10 |
| 2010s | 7.1% | 4.4% | 10.9% | 10 |
| 2020s | 16.0% | 11.5% | 19.3% | 4 |
Countries ranked near Senegal
More external debt data for Senegal
- IFC, private nonguaranteed 22.22 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.2 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 216.4 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.3% (2024)
- Net financial flows, IDA 278.52 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 15.05 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0087 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -1.25 million NFL, current US$ (2001)
- Public and publicly guaranteed debt service 16.7% (2023)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Senegal?
- Debt service (ppg and imf only, % of exports of goods, services and) in Senegal was 18.4% in 2023, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Senegal?
- The highest recorded value was 31.5% in 1987.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Senegal?
- The lowest recorded value was 3.3% in 2008.
- How does Senegal rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Senegal ranks 15th out of 118 countries with data for 2023.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Senegal?
- Over the last ten years it is up 223.0%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.