Subsidies and other transfers (current LCU) in Senegal
Senegal: Subsidies and other transfers (current LCU) was 860.05 billion current LCU in 2023. ▲ Rising
Subsidies and other transfers in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Senegal recorded 860.05 billion current LCU for subsidies and other transfers in 2023.
The figure is down 13.9% on the previous year and up 107.4% over ten years.
Over the whole period, subsidies and other transfers in Senegal peaked at 999.41 billion current LCU in 2022 and was at its lowest, 245.20 billion current LCU, in 2017.
Senegal ranks 45th of 153 countries on this measure, in the middle of the range.
Subsidies and other transfers (current LCU) in Senegal, year by year
| Year | current LCU | Change |
|---|---|---|
| 2015 | 414.73 billion current LCU | — |
| 2016 | 338.39 billion current LCU | -18.4% |
| 2017 | 245.20 billion current LCU | -27.5% |
| 2018 | 343.93 billion current LCU | +40.3% |
| 2019 | 504.91 billion current LCU | +46.8% |
| 2020 | 782.25 billion current LCU | +54.9% |
| 2021 | 504.78 billion current LCU | -35.5% |
| 2022 | 999.41 billion current LCU | +98.0% |
| 2023 | 860.05 billion current LCU | -13.9% |
Senegal compared with similar countries
- Senegal's 860.05 billion current LCU is above the median for lower middle income countries, which is 144.76 billion current LCU, 5.9× the median. (36 countries reporting)
- Senegal's 860.05 billion current LCU is above the median for Sub-Saharan Africa, which is 282.03 billion current LCU, 3.0× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 369.43 billion current LCU | 245.20 billion current LCU | 504.91 billion current LCU | 5 |
| 2020s | 786.62 billion current LCU | 504.78 billion current LCU | 999.41 billion current LCU | 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)
- 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 subsidies and other transfers in Senegal?
- Subsidies and other transfers in Senegal was 860.05 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Senegal?
- The highest recorded value was 999.41 billion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Senegal?
- The lowest recorded value was 245.20 billion current LCU in 2017.
- How does Senegal rank for subsidies and other transfers?
- Senegal ranks 45th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Senegal?
- Over the last ten years it is up 107.4%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.