Senegal: Savings, percent of GDP
* indicates monthly or quarterly data series
| Senegal |
Savings as percent of GDP |
|---|---|
| Latest value | 26.00 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1974 - 2021 |
| Average | 12.24 |
| Min - Max | 1.49 - 26.00 |
| Source | The World Bank |
The latest value from 2021 is 26 percent, an increase from 25.49 percent in 2020. In comparison, the world average is 22.95 percent, based on data from 151 countries. Historically, the average for Senegal from 1974 to 2021 is 12.24 percent. The minimum value, 1.49 percent, was reached in 1993 while the maximum of 26 percent was recorded in 2021.
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* indicates monthly or quarterly data series
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The savings in Senegal and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 23.71 | 2023 | percent |
| Share of manufacturing | 15.36 | 2022 | percent |
| Share of services | 50.79 | 2023 | percent |
| Industry value added | 7.35 | 2023 | billion U.S. dollars |
| Manufacturing value added | 4.24 | 2022 | billion U.S. dollars |
| Services value added | 15.75 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 26.00 | 2021 | percent |
| Savings, in dollars | 7.16 | 2021 | billion U.S. dollars |