Financial account balance (assets less liabilities), Net (net) in Senegal
Senegal: Financial account balance (assets less liabilities), Net (net) was -5.90 billion in 2023. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Senegal, 2005–2023
Source: International Monetary Fund.
Analysis
Senegal recorded -5.90 billion for financial account balance (assets less liabilities), net (net) in 2023. That is the lowest value across all 19 years on record.
The figure is down 11.2% on the previous year and down 406.5% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Senegal peaked at 1.46 billion in 2006 and was at its lowest, -5.90 billion, in 2023.
That places Senegal 176th out of 197 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -479.72 million | — |
| 2006 | 1.46 billion | -404.2% |
| 2007 | -967.52 million | -166.3% |
| 2008 | -1.66 billion | +72.0% |
| 2009 | -722.48 million | -56.6% |
| 2010 | -305.46 million | -57.7% |
| 2011 | -901.97 million | +195.3% |
| 2012 | -1.10 billion | +22.1% |
| 2013 | -1.16 billion | +5.7% |
| 2014 | -924.07 million | -20.6% |
| 2015 | -584.03 million | -36.8% |
| 2016 | -435.63 million | -25.4% |
| 2017 | -1.10 billion | +153.0% |
| 2018 | -1.79 billion | +62.6% |
| 2019 | -1.51 billion | -15.9% |
| 2020 | -2.38 billion | +57.7% |
| 2021 | -3.17 billion | +33.2% |
| 2022 | -5.31 billion | +67.5% |
| 2023 | -5.90 billion | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -474.94 million | -1.66 billion | 1.46 billion | 5 |
| 2010s | -981.98 million | -1.79 billion | -305.46 million | 10 |
| 2020s | -4.19 billion | -5.90 billion | -2.38 billion | 4 |
Countries ranked near Senegal
- 173 Kazakhstan -4.79 billion compare
- 174 Dominican Republic -5.04 billion compare
- 175 Colombia -5.83 billion compare
- 177 Poland -6.24 billion compare
- 178 Côte d'Ivoire -6.49 billion compare
- 179 Venezuela, Bolivarian Republic of -6.67 billion compare
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 financial account balance (assets less liabilities), net (net) in Senegal?
- Financial account balance (assets less liabilities), net (net) in Senegal was -5.90 billion in 2023, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Senegal?
- The highest recorded value was 1.46 billion in 2006.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Senegal?
- The lowest recorded value was -5.90 billion in 2023.
- How does Senegal rank for financial account balance (assets less liabilities), net (net)?
- Senegal ranks 176th out of 197 countries with data for 2023.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Senegal?
- Over the last ten years it is down 406.5%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.