Net incurrence of liabilities, total in Senegal
Senegal: Net incurrence of liabilities, total was 9.4% 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 % of GDP.
Analysis
Senegal recorded 9.4% for net incurrence of liabilities, total in 2023.
Compared with earlier readings it is up 8.2% on the previous year and up 201.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Senegal peaked at 9.5% in 2021 and was at its lowest, 3.1%, in 2015.
That places Senegal 11th out of 136 countries with data for 2023, putting it in the top 10%.
Net incurrence of liabilities, total in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | 3.1% | — |
| 2016 | 5.6% | +78.5% |
| 2017 | 5.2% | -6.4% |
| 2018 | 7.2% | +39.4% |
| 2019 | 6.5% | -10.7% |
| 2020 | 8.1% | +24.6% |
| 2021 | 9.5% | +17.7% |
| 2022 | 8.7% | -8.6% |
| 2023 | 9.4% | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.5% | 3.1% | 7.2% | 5 |
| 2020s | 8.9% | 8.1% | 9.5% | 4 |
Countries ranked near Senegal
More public sector data for Senegal
- Arms imports 77.00 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)
- Arms imports (SIPRI trend indicator values), gaps filled 77.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 27.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.016 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.69 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 514.94 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 893.37 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Senegal?
- Net incurrence of liabilities, total in Senegal was 9.4% 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 9.5% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Senegal?
- The lowest recorded value was 3.1% in 2015.
- How does Senegal rank for net incurrence of liabilities, total?
- Senegal ranks 11th 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 201.8%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.