Photo: Arensond · CC0 · via Wikimedia Commons, shown in greyscale
Topic 02 of 18 · Country Index 2026
Senegal: Economy & Innovation
What does an economy do for the people inside it?
Senegal is placed joint 120th of 176 countries on economy & innovation in the Country Index 2026, from 4 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 4,669 (2025); Firms with a Bank Loan or Line of Credit 18.8 (2025).
Share
Economy & Innovation
joint120th
of 176 countries placed
Placed from 4 of 4 key statistics
- 4,669GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 18.8Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- -0.507Economic Complexity Index, 2024ECI score (standardised, roughly −3 to +3)
- 76.46Account Ownership at a Financial Institution, 2024Adults with an account (% of population aged 15+)
01The evidence
The 4 key statistics that decide it
Only these place Senegal on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
4,669
GDP per capita (constant 2021 international $, PPP)
Higher is better
Senegal: 4,669. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.
- World median
- 17,265
- Best in Western Africa
- 10,396 Cabo Verde
- Land neighbours
- Guinea 4,217 · Gambia 3,167 · Guinea-Bissau 2,814 · Mali 2,993 · Mauritania 6,559
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
Latest reading per country, 2016–2025 · Senegal’s is from 2024 · CC BY 4.0
18.8
Firms with a bank loan or line of credit (%)
Higher is better
Senegal: 18.8. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.
- World median
- 35.95
- Best in Western Africa
- 47.24 Togo
- Land neighbours
- Guinea 4.897 · Gambia 8.788 · Guinea-Bissau 10.29 · Mali 9.402 · Mauritania 18.89
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
2024 edition · data for 2024 · CC0 1.0
-0.507
ECI score (standardised, roughly −3 to +3)
Higher is better
Ranked 97th of 145 by Growth Lab at Harvard University
Senegal: -0.507. Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.
- World median
- 0.131
- Best in Western Africa
- -0.507 Senegal
- Land neighbours
- Guinea -1.793 · Mali -0.961 · Mauritania -1.216
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
2024 edition · data for 2024 · CC BY 4.0
76.46
Adults with an account (% of population aged 15+)
Higher is better
Senegal: 76.46. Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.
- World median
- 72.83
- Best in Western Africa
- 81.24 Ghana
- Land neighbours
- Guinea 36.05 · Gambia 38.16 · Mali 54.75 · Mauritania 27.31
02Over time
Which way Senegal is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
SenegalWorld median
Senegal rose from 3,093 in 2000 to 4,669 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Senegal World median 2025 4,669 17,265 2024 4,478 18,108 2023 4,305 17,686 2022 4,229 16,933 2021 4,174 16,260 2020 4,018 15,631 2019 4,071 16,761 2018 3,998 16,349 2017 3,871 16,129 2016 3,710 15,512 2015 3,594 14,857 2014 3,484 14,475 2013 3,385 14,681 2012 3,405 14,631 2011 3,363 13,916 2010 3,404 14,101 2009 3,371 13,655 2008 3,360 14,030 2007 3,316 13,755 2006 3,301 12,983 2005 3,302 12,023 2004 3,240 11,608 2003 3,170 11,183 2002 3,075 11,144 2001 3,149 10,907 2000 3,093 10,589 Economic Complexity Index
ECI score (standardised, roughly −3 to +3) · higher is better
SenegalWorld median
Senegal fell from -0.191 in 2000 to -0.507 in 2024; the world median went from 0.016 to 0.131.
Every year’s figures
Year Senegal World median 2024 -0.507 0.1310 2023 -0.786 0.0710 2022 -0.693 0.0580 2021 -0.703 0.0010 2020 -0.649 0.0470 2019 -0.785 0.0300 2018 -0.758 -0.0150 2017 -0.692 0.0080 2016 -0.725 -0.0660 2015 -0.781 -0.0600 2014 -0.573 -0.0190 2013 -0.542 0.0140 2012 -0.418 0.0060 2011 -0.688 -0.0140 2010 -0.460 -0.0020 2009 -0.508 0.0990 2008 -0.459 0.0700 2007 -0.149 -0.0080 2006 -0.218 0.0740 2005 -0.154 0.0510 2004 -0.303 0.0505 2003 -0.218 0.0450 2002 -0.346 0.0100 2001 -0.336 0.0470 2000 -0.191 0.0160 Account Ownership at a Financial Institution
Adults with an account (% of population aged 15+) · higher is better
SenegalWorld median
Senegal rose from 5.821 in 2011 to 76.46 in 2024; the world median went from 37.03 to 72.83.
Every year’s figures
Year Senegal World median 2024 76 73 2021 56 74 2017 42 59 2014 15 52 2011 6 37
03In context
Senegal beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.
Senegal and the countries it borders
Standing among all 176; the key columns are the publishers’ own values.
| Country | Standing | GDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP) | Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%) | Economic Complexity IndexECI score (standardised, roughly −3 to +3) | Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+) |
|---|---|---|---|---|---|
| Senegal | =120th | 4,669 | 18.8 | -0.507 | 76.46 |
 Mali | 158th | 2,993 | 9.402 | -0.961 | 54.75 |
 Mauritania | 160th | 6,559 | 18.89 | -1.216 | 27.31 |
 Gambia | =168th | 3,167 | 8.788 | — | 38.16 |
 Guinea-Bissau | =168th | 2,814 | 10.29 | — | — |
 Guinea | 170th | 4,217 | 4.897 | -1.793 | 36.05 |
“—”: no published reading in that edition. What a standing is
Across Western Africa
Every country in the sub-region, by its place among all 176.
Placed either side on economy & innovation
The countries immediately above and below Senegal in the topic’s list.
04Context, no vote
Where Senegal is ahead of the world, and behind
56 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median7
Statistics on which Senegal does better than the middle country measured.
Crop Production IndexFAO · 2022 · world median 106.23189.93106.23▲ Improved since 2012
Senegal: 189.93 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 53.79 to 189.93; higher is better.
Position 1st of 195 · derived.
Food Production IndexFAO · 2022 · world median 106.08177.49106.08▲ Improved since 2012
Senegal: 177.49 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 71.08 to 177.49; higher is better.
Position 1st of 195 · derived.
Livestock Production IndexFAO · 2022 · world median 107.06144.34107.06▲ Improved since 2012
Senegal: 144.34 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 35.52 to 190.08; higher is better.
Position 18th of 194 · derived.
GDP GrowthWorld Bank Group · 2025 · world median 3.3966.6823.396▲ Improved since 2015
Senegal: 6.682 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -5.847 to 19.34; higher is better.
Position 20th of 186 · derived.
Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4229.4625.42▼ Worsened since 2014
Senegal: 29.46 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.377 to 87.15; higher is better.
Position 73rd of 170 · derived.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2162.3656.21▼ Worsened since 2016
Senegal: 62.36 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 4.13 to 1,319; higher is better.
Ranked 80th of 175 by UNCTAD.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1940.6440.19▲ Improved since 2020
Senegal: 40.64 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.
Published values in that edition run from 12.12 to 88.36; higher is better.
Ranked 96th of 195 by Oxford Insights.
Behind the world median22
Statistics on which Senegal does worse than the middle country measured.
Researchers per Million InhabitantsUIS · 2024 · world median 701.95572.42701.95No earlier reading
Senegal: 572.42 · world median 701.95 · Researchers per million inhabitants (full-time equivalent). UNESCO Institute for Statistics (UIS), 2024 edition, data for 2024.
Published values in that edition run from 1.446 to 18,130; higher is better.
Position 80th of 145 · derived.
Regulatory QualityWorld Bank Group · 2025 · world median -0.093-0.263-0.093▼ Worsened since 2015
Senegal: -0.263 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -2.106 to 2.113; higher is better.
Position 120th of 209 · derived.
Global Innovation IndexWorld Intellectual Property Organization · 2025 · world median 28.5223.8428.52▲ Improved since 2022
Senegal: 23.84 · world median 28.52 · GII score (0–100). World Intellectual Property Organization, 2025 edition, data for 2025.
Published values in that edition run from 11.94 to 65.96; higher is better.
Ranked 89th of 139 by World Intellectual Property Organization.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.46.99210.4No earlier reading
Senegal: 6.992 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 0 to 45.77; higher is better.
New Business DensityWorld Bank Group · 2024 · world median 2.1871.222.187▲ Improved since 2014
Senegal: 1.22 · world median 2.187 · New limited liability companies registered per 1,000 people aged 15–64. World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.02 to 26.76; higher is better.
ICT Goods ExportsUNCTAD · 2024 · world median 0.9750.240.975▼ Worsened since 2014
Senegal: 0.24 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 61.45; higher is better.
Position 85th of 119 · derived.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8155.1941.81No earlier reading
Senegal: 55.19 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 1.926 to 90.5; lower is better.
Position 53rd of 181 · derived, 1st = worst.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6737.1746.67No real change since 2012
Senegal: 37.17 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.
Published values in that edition run from 17.8 to 71.02; higher is better.
Position 147th of 195 · derived.
Water-Use EfficiencyFAO · 2023 · world median 16.16.5416.1No real change since 2013
Senegal: 6.54 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.
Published values in that edition run from 0.38 to 1,378; higher is better.
Informal Output (DGE Model Estimate)World Bank Group (Prospects Group) · 2020 · world median 27.536.527.5No real change since 2010
Senegal: 36.5 · world median 27.5 · Informal output, model estimate (% of official GDP). World Bank Group (Prospects Group), 2020 edition, data for 2020.
Published values in that edition run from 7.91 to 60.43; lower is better.
GNI per Capita (PPP)World Bank Group · 2025 · world median 14,2734,56514,273▲ Improved since 2015
Senegal: 4,565 · world median 14,273 · GNI per capita (constant 2021 international $, PPP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1,181 to 116,633; higher is better.
Position 79th of 102 · derived.
Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.280.485▼ Worsened since 2013
Senegal: 0.28 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.
Published values in that edition run from 0 to 1; higher is better.
Position 133rd of 170 · derived.
Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48613,79246,486▼ Worsened since 2010
Senegal: 13,792 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.
Published values in that edition run from 4,276 to 1,246,092; higher is better.
Position 122nd of 150 · derived.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3942.9652.39No earlier reading
Senegal: 42.96 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 28.07 to 69.29; higher is better.
Position 139th of 169 · derived.
Historical GDP per Capita (Maddison)GGDC · 2022 · world median 12,8902,66112,890▲ Improved since 2012
Senegal: 2,661 · world median 12,890 · GDP per capita (2011 international $). Maddison Project, Groningen Growth and Development Centre (GGDC), 2022 edition, data for 2022.
Published values in that edition run from 596.39 to 149,171; higher is better.
Position 137th of 166 · derived.
Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,8003,12712,800No real change since 2017
Senegal: 3,127 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 688.7 to 52,654; higher is better.
Position 147th of 173 · derived.
Average Monthly Earnings of EmployeesILO · 2024 · world median 1,636738.291,636▲ Improved since 2019
Senegal: 738.29 · world median 1,636 · Average monthly earnings of employees (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 193.28 to 9,307; higher is better.
Position 64th of 75 · derived.
Total Factor Productivity LevelGGDC · 2023 · world median 0.6270.3230.627▼ Worsened since 2013
Senegal: 0.323 · world median 0.627 · TFP level at current PPPs (USA = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.052 to 1.192; higher is better.
World Energy Trilemma IndexWorld Energy Council · 2023 · world median 63.841.263.8No earlier reading
Senegal: 41.2 · world median 63.8 · Trilemma score (0–100). World Energy Council, 2023 edition, data for 2023.
Published values in that edition run from 27.7 to 83.2; higher is better.
Ranked 90th of 99 by World Energy Council.
Debt Service on External DebtWorld Bank Group · 2024 · world median 12.9341.8112.93▼ Worsened since 2014
Senegal: 41.81 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.285 to 96.2; lower is better.
Position 8th of 109 · derived, 1st = worst.
Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4515.6021.451▼ Worsened since 2014
Senegal: 5.602 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.069 to 17.92; lower is better.
Position 4th of 112 · derived, 1st = worst.
External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.94150.6943.94▼ Worsened since 2014
Senegal: 150.69 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 2.213 to 350.57; lower is better.
Position 3rd of 110 · derived, 1st = worst.
No better end27
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Statutory Corporate Income Tax RateOECD · 2026 · world median 243024Moved since 2016
Senegal: 30 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.
Published values in that edition run from 0 to 36.13.
Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.57217.086.572Moved since 2015
Senegal: 17.08 · world median 6.572 · Agriculture, forestry and fishing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.025 to 47.59.
Position 32nd of 158 · derived, counted from the highest value.
Terms of Trade IndexUNCTAD · 2025 · world median 103.23117.94103.23Moved since 2015
Senegal: 117.94 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 38.2 to 1,448.
Gross Capital Formation (% of GDP)World Bank Group · 2025 · world median 22.9326.8822.93Moved since 2015
Senegal: 26.88 · world median 22.93 · Gross capital formation (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -3.679 to 45.27.
Position 36th of 131 · derived, counted from the highest value.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.668.43.66No real change since 2012
Senegal: 8.4 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.
Published values in that edition run from 0 to 29.52.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7084.4021.708Moved since 2011
Senegal: 4.402 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 0 to 61.03.
Position 73rd of 180 · derived, counted from the highest value.
Manufacturing Value Added (% of GDP)World Bank Group · 2025 · world median 11.2613.211.26Moved since 2015
Senegal: 13.2 · world median 11.26 · Manufacturing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.481 to 43.97.
Position 50th of 132 · derived, counted from the highest value.
Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6526.1524.65Moved since 2015
Senegal: 26.15 · world median 24.65 · Industry, including construction, value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.228 to 75.09.
Position 63rd of 158 · derived, counted from the highest value.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1773.8467.17No real change since 2014
Senegal: 73.84 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 4.605 to 99.77.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3063.4873.306Moved since 2015
Senegal: 3.487 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -7.93 to 227.09.
Household ConsumptionWorld Bank Group · 2025 · world median 62.0463.8362.04Moved since 2015
Senegal: 63.83 · world median 62.04 · Household and NPISH final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 25.21 to 133.34.
Position 62nd of 131 · derived, counted from the highest value.
Scholarly ArticlesOurResearch · 2025 · world median 2,2402,2062,240No real change since 2022
Senegal: 2,206 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.
Published values in that edition run from 1 to 1,094,890.
Foreign Value Added Share of Gross ExportsOECD · 2022 · world median 27.412727.41Moved since 2012
Senegal: 27 · world median 27.41 · Foreign value added (% of gross exports). OECD, 2022 edition, data for 2022.
Published values in that edition run from 4.491 to 66.08.
Exports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 36.3432.4936.34Moved since 2015
Senegal: 32.49 · world median 36.34 · Exports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.103 to 199.76.
Position 76th of 138 · derived, counted from the highest value.
Imports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 41.7238.5841.72Moved since 2015
Senegal: 38.58 · world median 41.72 · Imports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.279 to 196.89.
Position 76th of 138 · derived, counted from the highest value.
General Government ConsumptionWorld Bank Group · 2025 · world median 16.2115.3916.21Moved since 2015
Senegal: 15.39 · world median 16.21 · General government final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 5.445 to 38.94.
Position 73rd of 132 · derived, counted from the highest value.
Trade (% of GDP)World Bank Group · 2025 · world median 79.6871.0779.68Moved since 2015
Senegal: 71.07 · world median 79.68 · Exports plus imports (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.382 to 396.65.
Position 79th of 138 · derived, counted from the highest value.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.2610.306No real change since 2015
Senegal: 0.261 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.059 to 0.933.
Tax Revenue (% of GDP)OECD · 2024 · world median 21.8519.3121.85Moved since 2014
Senegal: 19.31 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.
Published values in that edition run from 3.11 to 45.18.
Complexity Outlook IndexGrowth Lab at Harvard University · 2024 · world median -0.225-0.668-0.225Moved since 2014
Senegal: -0.668 · world median -0.225 · Complexity Outlook Index (standardised; roughly −2.5 to +3). Growth Lab at Harvard University, 2024 edition, data for 2024.
Published values in that edition run from -1.682 to 2.878.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.4160.523No real change since 2013
Senegal: 0.416 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.177 to 65.54.
Container Port TrafficUNCTAD · 2024 · world median 1,827,788881,2391,827,788Moved since 2014
Senegal: 881,239 · world median 1,827,788 · Container port traffic (TEU, twenty-foot equivalent units). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 17,263 to 299,703,800.
Position 73rd of 103 · derived, counted from the highest value.
Services ExportsUNCTAD · 2025 · world median 9.6024.4559.602Moved since 2015
Senegal: 4.455 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.085 to 166.21.
Statutory Minimum WageILO · 2024 · world median 657.95279.9657.95Moved since 2014
Senegal: 279.9 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 4.038 to 3,804.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.7311.3275.73No real change since 2016
Senegal: 11.3 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 0 to 397,071.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2350.1041.235Moved since 2014
Senegal: 0.104 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 37.23.
Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9680.0891.968Moved since 2015
Senegal: 0.089 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from -32.97 to 2,221.
No current reading for Senegal
Adjusted Net Savings (last 2018), Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Creative Services Exports, Gini Index (last 2021), Gini Index of Disposable Income (SWIID) (last 2021), Gross Savings (% of GDP) (last 2023), ICT Services Exports (last 2023), Income Share Held by Lowest 20% (last 2021), Income Share Held by Richest 10% (last 2021), Logistics Performance Index (last 2018), Palma Ratio (last 2021) and Research and Development Spending (last 2015). Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Economy & Innovation among Senegal’s 16 topics
Economy & Innovation is Senegal’s 9th best-placed topic of 16. Strongest first, each marker at its share of that topic’s field.
- Governance & Institutions62nd of 1944/4 keys
- Digital & Technology89th of 1984/4 keys
- Democracy & Civil Liberties99th of 1984/4 keys
- Peace & Security89th of 1774/4 keys
- Food & Agriculture98th of 1844/4 keys
- Environment & Sustainability104th of 1864/4 keys
- Health & Wellbeing131st of 2004/4 keys
- Poverty & Inequality108th of 1593/3 keys
- Economy & Innovationjoint 120th of 1764/4 keys
- Gender & Equalityjoint 125th of 1834/4 keys
- Work & Labour129th of 1824/4 keys
- Mobility & Tradejoint 132nd of 1773/4 keys
- Energy126th of 1653/3 keys
- Risk & Resilience150th of 1934/4 keys
- Education & Knowledge159th of 1984/4 keys
- Development & Human Capital160th of 1963/3 keys
06The top of the list
Who leads on economy & innovation
The three countries placed highest of 176, and the leaders Senegal can most readily be measured against.
1
AustriaWestern Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2
JapanEastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3
GermanyWestern Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Africa
Mauritius36th4/4 keysHighest in Western Africa
Togo114th4/4 keysThis page
Senegal=120th4/4 keys
Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Analysis
Charts and analysis about Senegal and economy & innovation
On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.
On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.
On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
08Questions
Senegal on economy & innovation: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Senegal rank on economy & innovation?
Senegal is placed joint 120th of 176 countries on Economy & Innovation in the Country Index 2026, from 4 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit, Economic Complexity Index and Account Ownership at a Financial Institution). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest GDP per Capita (PPP) figure for Senegal?
4,669 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.
What is the latest Firms with a Bank Loan or Line of Credit figure for Senegal?
18.8 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.
How does Senegal compare with Mali on economy & innovation?
Mali is placed 158th of 176, and Senegal joint 120th. GDP per Capita (PPP): Mali 2,993, Senegal 4,669; Firms with a Bank Loan or Line of Credit: Mali 9.402, Senegal 18.8; Economic Complexity Index: Mali -0.961, Senegal -0.507; Account Ownership at a Financial Institution: Mali 54.75, Senegal 76.46.
How have Senegal’s economy & innovation figures changed?
GDP per Capita (PPP) rose from 3,093 in 2000 to 4,669 in 2025; Economic Complexity Index fell from -0.191 in 2000 to -0.507 in 2024; Account Ownership at a Financial Institution rose from 5.821 in 2011 to 76.46 in 2024.
Which economy & innovation statistics are missing for Senegal?
No current reading is published for Senegal on Adjusted Net Savings, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Creative Services Exports, Gini Index, Gini Index of Disposable Income (SWIID), Gross Savings (% of GDP), ICT Services Exports, Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Logistics Performance Index, Palma Ratio and Research and Development Spending. They are listed rather than hidden, so the evidence on the page can be checked against it.
09Method
Method, sources and how to cite
What this topic does not measure
The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.
How the Economy & Innovation standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.
The economy & innovation method, step by stepHow every standing on this site is built
The key statistics and their licences
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
The other 56 statistics on this page come from 14 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Senegal’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Senegal (banner) — Arensond, CC0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Senegal: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/senegal/economy