Senegal GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

3.3

Units In

3.4

Frequency

Quarterly

Next Release

Dec 30, 2025

Time to Release

2 Months 29 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
10.7 Jun 2021	-6.55 Dec 1969	3.83 %	1961-2022	N/A

The largest sector of Senegal's economy is services, accounting for 62 percent of total GDP, of which internal trade (19 percent); administration, education and health (12 percent); communications (11 percent); and real estate activities (6 percent). The industrial sector represents 23 percent of the GDP, with construction (7 percent); food industries (5 percent); other industries (4 percent) and energy (3 percent) accounting for the biggest share. Also, the primary sector contributes to 15 percent of GDP, mostly agriculture (9 percent) and livestock activities (4 percent).

Latest Updates

Senegal’s economy expanded by 11.8% year-on-year in Q2 2025, slightly easing from a 12.1% surge in Q1, which was the fastest growth rate since records began in 1961. The robust GDP growth was driven by strong performances in the secondary sector (+37.7%), primary sector (+6.7%), tertiary sector (+4.3%), and net taxes (+3.6%). Excluding hydrocarbons (oil and gas), GDP grew by 2.5%. From the demand side, growth was primarily fueled by sharp increases in exports (+46.9%), gross fixed capital formation (+3.7%), and final consumption (+3.1%). In contrast, imports declined by 4.7%. On a seasonally adjusted quarterly basis, the economy grew by 0.3% in Q2, rebounding from a 1.2% contraction in Q1.