Subsidies and other transfers in Senegal
Senegal: Subsidies and other transfers was 19.6% 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 % of expense.
Analysis
Senegal recorded 19.6% for subsidies and other transfers in 2023.
The figure is down 21.4% on the previous year and down 9.1% over ten years.
Over the whole period, subsidies and other transfers in Senegal peaked at 26.5% in 2020 and was at its lowest, 10.2%, in 2017.
That places Senegal 127th out of 152 countries with data for 2023, putting it in the bottom quarter.
Subsidies and other transfers in Senegal, year by year
| Year | % of expense | Change |
|---|---|---|
| 2015 | 21.6% | — |
| 2016 | 16.4% | -24.1% |
| 2017 | 10.2% | -37.9% |
| 2018 | 13.5% | +32.8% |
| 2019 | 17.3% | +28.5% |
| 2020 | 26.5% | +52.5% |
| 2021 | 16.9% | -36.2% |
| 2022 | 24.9% | +47.7% |
| 2023 | 19.6% | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.8% | 10.2% | 21.6% | 5 |
| 2020s | 22.0% | 16.9% | 26.5% | 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 subsidies and other transfers in Senegal?
- Subsidies and other transfers in Senegal was 19.6% 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 26.5% in 2020.
- What is the lowest subsidies and other transfers recorded in Senegal?
- The lowest recorded value was 10.2% in 2017.
- How does Senegal rank for subsidies and other transfers?
- Senegal ranks 127th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Senegal?
- Over the last ten years it is down 9.1%. 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.