Senegal GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

3.3

Units In

3.4

Frequency

Quarterly

Next Release

Sep 27, 2025

Time to Release

2 Months 25 Days 12 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 a solid 12.1% year-on-year in Q1 2025, the fastest growth since records began in 1961, driven by strong performance in the secondary sector (+37%), primary (+6.8%), and tertiary (+4.3%) sectors, as well as net taxes (+5.2%). Excluding hydrocarbons (oil and gas), the GDP increased by 3.1%. From a demand perspective, the expansion was primarily driven by strong increases in exports (+81.3%), gross fixed capital formation (+8.0%), and final consumption (+3.4%). However, imports also rose by 6.6%. On a seasonally adjusted quarterly basis, the GDP contracted by 1.2%.