Gross external debt, Percent of GDP (Balance of Payments and) in Senegal
Senegal: Gross external debt, Percent of GDP (Balance of Payments and) was 85.64 in 2027. ◆ Volatile
Gross external debt, Percent of GDP (Balance of Payments and) in Senegal, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, gross external debt, percent of gdp (balance of payments and) in Senegal stood at 85.64.
That represents a change of up 2.1% on the previous year and up 113.9% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Senegal peaked at 91.4 in 2024 and was at its lowest, 14.14, in 2007.
Senegal ranks 1st of 45 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross external debt, Percent of GDP (Balance of Payments and) in Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 50.48 | — |
| 2001 | 47.01 | -6.9% |
| 2002 | 50.88 | +8.2% |
| 2003 | 43.26 | -15.0% |
| 2004 | 37.92 | -12.3% |
| 2005 | 31.9 | -15.9% |
| 2006 | 17.91 | -43.9% |
| 2007 | 14.14 | -21.0% |
| 2008 | 15.46 | +9.3% |
| 2009 | 21.93 | +41.8% |
| 2010 | 23.74 | +8.3% |
| 2011 | 23.74 | +0.0% |
| 2012 | 24.63 | +3.7% |
| 2013 | 25.59 | +3.9% |
| 2014 | 31.47 | +23.0% |
| 2015 | 32.33 | +2.7% |
| 2016 | 32.67 | +1.1% |
| 2017 | 40.04 | +22.6% |
| 2018 | 50.07 | +25.0% |
| 2019 | 65.71 | +31.2% |
| 2020 | 69.49 | +5.8% |
| 2021 | 73.92 | +6.4% |
| 2022 | 73.14 | -1.1% |
| 2023 | 84.09 | +15.0% |
| 2024 | 91.4 | +8.7% |
| 2025 | 87.09 | -4.7% |
| 2026 | 83.84 | -3.7% |
| 2027 | 85.64 | +2.1% |
Senegal compared with similar countries
- Senegal's 85.64 is above the median for Sub-Saharan Africa, which is 26.53, 3.2× the median. (45 countries reporting)
- Senegal's 85.64 is above the median for lower middle income countries, which is 30.44, 2.8× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.09 | 14.14 | 50.88 | 10 |
| 2010s | 35 | 23.74 | 65.71 | 10 |
| 2020s | 81.08 | 69.49 | 91.4 | 8 |
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 gross external debt, percent of gdp (balance of payments and) in Senegal?
- Gross external debt, percent of gdp (balance of payments and) in Senegal was 85.64 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Senegal?
- The highest recorded value was 91.4 in 2024.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Senegal?
- The lowest recorded value was 14.14 in 2007.
- How does Senegal rank for gross external debt, percent of gdp (balance of payments and)?
- Senegal ranks 1st out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Senegal?
- Over the last ten years it is up 113.9%. 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 Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.