Net incurrence of liabilities, total (current LCU) in Senegal
Senegal: Net incurrence of liabilities, total (current LCU) was 1.75 trillion current LCU in 2023. ▲ Rising
Net incurrence of liabilities, total in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Senegal recorded 1.75 trillion current LCU for net incurrence of liabilities, total in 2023. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 434.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Senegal peaked at 1.75 trillion current LCU in 2023 and was at its lowest, 326.70 billion current LCU, in 2015.
That places Senegal 23rd out of 136 countries with data for 2023, putting it in the top quarter.
Net incurrence of liabilities, total (current LCU) in Senegal, year by year
| Year | current LCU | Change |
|---|---|---|
| 2015 | 326.70 billion current LCU | — |
| 2016 | 626.29 billion current LCU | +91.7% |
| 2017 | 632.52 billion current LCU | +1.0% |
| 2018 | 930.05 billion current LCU | +47.0% |
| 2019 | 887.42 billion current LCU | -4.6% |
| 2020 | 1.14 trillion current LCU | +28.3% |
| 2021 | 1.45 trillion current LCU | +27.2% |
| 2022 | 1.50 trillion current LCU | +3.8% |
| 2023 | 1.75 trillion current LCU | +16.2% |
Senegal compared with similar countries
- Senegal's 1.75 trillion current LCU is above the median for lower middle income countries, which is 47.21 billion current LCU, 37.0× the median. (34 countries reporting)
- Senegal's 1.75 trillion current LCU is above the median for Sub-Saharan Africa, which is 126.91 billion current LCU, 13.8× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 680.60 billion current LCU | 326.70 billion current LCU | 930.05 billion current LCU | 5 |
| 2020s | 1.46 trillion current LCU | 1.14 trillion current LCU | 1.75 trillion current LCU | 4 |
Countries ranked near Senegal
- 20 Turkey 2.38 trillion current LCU compare
- 21 Malawi 2.31 trillion current LCU compare
- 22 United States 2.07 trillion current LCU compare
- 24 Bangladesh 1.51 trillion current LCU compare
- 25 Ukraine 1.40 trillion current LCU compare
- 26 Democratic Republic of Congo 1.39 trillion current LCU compare
More public sector data for Senegal
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 79.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.16 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -55.23 % change on previous year (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Senegal?
- Net incurrence of liabilities, total in Senegal was 1.75 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Senegal?
- The highest recorded value was 1.75 trillion current LCU in 2023.
- What is the lowest net incurrence of liabilities, total recorded in Senegal?
- The lowest recorded value was 326.70 billion current LCU in 2015.
- How does Senegal rank for net incurrence of liabilities, total?
- Senegal ranks 23rd out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Senegal?
- Over the last ten years it is up 434.8%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.