Public and publicly guaranteed debt service in Senegal
Senegal: Public and publicly guaranteed debt service was 16.7% in 2023. ◆ Volatile
Public and publicly guaranteed debt service in Senegal, 1974–2023
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Senegal recorded 16.7% for public and publicly guaranteed debt service in 2023.
Compared with earlier readings it is up 47.7% on the previous year and up 199.0% over ten years.
Over the whole period, public and publicly guaranteed debt service in Senegal peaked at 26.3% in 1980 and was at its lowest, 3.2%, in 2008.
Senegal ranks 12th of 120 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Senegal, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 5.6% | — |
| 1975 | 5.7% | +1.8% |
| 1976 | 6.1% | +7.2% |
| 1977 | 6.6% | +8.3% |
| 1978 | 14.9% | +126.5% |
| 1979 | 16.2% | +8.2% |
| 1980 | 26.3% | +63.0% |
| 1981 | 12.5% | -52.4% |
| 1982 | 7.2% | -42.5% |
| 1983 | 7.1% | -1.5% |
| 1984 | 11.0% | +55.4% |
| 1985 | 11.4% | +3.6% |
| 1986 | 17.9% | +56.9% |
| 1987 | 24.0% | +33.8% |
| 1988 | 23.4% | -2.5% |
| 1989 | 21.5% | -8.0% |
| 1990 | 13.7% | -36.2% |
| 1991 | 15.9% | +15.7% |
| 1992 | 9.1% | -42.9% |
| 1993 | 6.3% | -31.1% |
| 1994 | 13.9% | +122.2% |
| 1995 | 13.7% | -1.1% |
| 1996 | 16.1% | +17.0% |
| 1997 | 12.6% | -21.8% |
| 1998 | 15.6% | +23.7% |
| 1999 | 11.9% | -23.4% |
| 2000 | 13.1% | +9.7% |
| 2001 | 10.9% | -16.4% |
| 2002 | 11.2% | +2.4% |
| 2003 | 9.8% | -12.6% |
| 2004 | 11.9% | +21.9% |
| 2005 | 5.0% | -58.1% |
| 2006 | 6.1% | +22.8% |
| 2007 | 3.5% | -43.6% |
| 2008 | 3.2% | -6.0% |
| 2009 | 4.2% | +28.8% |
| 2010 | 4.3% | +3.5% |
| 2011 | 6.1% | +40.4% |
| 2012 | 5.4% | -10.5% |
| 2013 | 5.6% | +2.6% |
| 2014 | 5.0% | -11.2% |
| 2015 | 5.6% | +12.6% |
| 2016 | 6.0% | +7.4% |
| 2017 | 8.9% | +47.9% |
| 2018 | 9.5% | +6.8% |
| 2019 | 10.5% | +10.8% |
| 2020 | 14.8% | +41.0% |
| 2021 | 19.2% | +30.1% |
| 2022 | 11.3% | -41.3% |
| 2023 | 16.7% | +47.7% |
Senegal compared with similar countries
- Senegal's 16.7% is above the median for lower middle income countries, which is 6.4%, 2.6× the median. (43 countries reporting)
- Senegal's 16.7% is above the median for Sub-Saharan Africa, which is 5.7%, 2.9× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 5.6% | 16.2% | 6 |
| 1980s | 16.2% | 7.1% | 26.3% | 10 |
| 1990s | 12.9% | 6.3% | 16.1% | 10 |
| 2000s | 7.9% | 3.2% | 13.1% | 10 |
| 2010s | 6.7% | 4.3% | 10.5% | 10 |
| 2020s | 15.5% | 11.3% | 19.2% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 3,133 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Senegal?
- Public and publicly guaranteed debt service in Senegal was 16.7% in 2023, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Senegal?
- The highest recorded value was 26.3% in 1980.
- What is the lowest public and publicly guaranteed debt service recorded in Senegal?
- The lowest recorded value was 3.2% in 2008.
- How does Senegal rank for public and publicly guaranteed debt service?
- Senegal ranks 12th out of 120 countries with data for 2023.
- Is public and publicly guaranteed debt service rising or falling in Senegal?
- Over the last ten years it is up 199.0%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.