Net lending (+) / net borrowing (-) in Senegal
Senegal: Net lending (+) / net borrowing (-) was -4.9% in 2023. ▼ Falling
Net lending (+) / net borrowing (-) in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Senegal is -4.9%, measured in 2023.
Compared with earlier readings it is up 11.3% on the previous year and down 30.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Senegal peaked at -2.3% in 2016 and was at its lowest, -6.1%, in 2020.
That places Senegal 127th out of 156 countries with data for 2023, putting it in the bottom quarter.
Net lending (+) / net borrowing (-) in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | -3.8% | — |
| 2016 | -2.3% | -39.7% |
| 2017 | -4.0% | +75.6% |
| 2018 | -3.8% | -5.5% |
| 2019 | -4.8% | +25.8% |
| 2020 | -6.1% | +28.3% |
| 2021 | -6.0% | -2.8% |
| 2022 | -5.6% | -6.4% |
| 2023 | -4.9% | -11.3% |
Senegal compared with similar countries
- Senegal's -4.9% is below the median for lower middle income countries, which is -3.0%, 1.6× the median. (36 countries reporting)
- Senegal's -4.9% is below the median for Sub-Saharan Africa, which is -3.8%, 1.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -3.7% | -4.8% | -2.3% | 5 |
| 2020s | -5.6% | -6.1% | -4.9% | 4 |
Countries ranked near Senegal
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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Senegal?
- Net lending (+) / net borrowing (-) in Senegal was -4.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Senegal?
- The highest recorded value was -2.3% in 2016.
- What is the lowest net lending (+) / net borrowing (-) recorded in Senegal?
- The lowest recorded value was -6.1% in 2020.
- How does Senegal rank for net lending (+) / net borrowing (-)?
- Senegal ranks 127th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Senegal?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is falling.
- 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 lending (+) / net borrowing (-) (% 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 lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.