Gross savings in Senegal
Senegal: Gross savings was 7.04 billion current US$ in 2023. ◆ Volatile
Gross savings in Senegal, 1974–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Senegal is 7.04 billion current US$, measured in 2023.
Compared with earlier readings it is up 0.7% on the previous year and up 128.5% over ten years.
Over the whole period, gross savings in Senegal peaked at 7.20 billion current US$ in 2021 and was at its lowest, 109.95 million current US$, in 1993.
That places Senegal 101st out of 177 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 418.94 million current US$ | 323.10 million current US$ | 490.25 million current US$ | 6 |
| 1980s | 220.53 million current US$ | 141.86 million current US$ | 385.56 million current US$ | 10 |
| 1990s | 429.92 million current US$ | 109.95 million current US$ | 760.83 million current US$ | 10 |
| 2000s | 1.55 billion current US$ | 678.13 million current US$ | 2.51 billion current US$ | 10 |
| 2010s | 3.81 billion current US$ | 2.56 billion current US$ | 5.58 billion current US$ | 10 |
| 2020s | 6.82 billion current US$ | 6.07 billion current US$ | 7.20 billion current US$ | 4 |
Countries ranked near Senegal
More economy & growth data for Senegal
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.51 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.31 billion current US$ (2025)
- Taxes less subsidies on products 2.25 trillion current LCU (2025)
- Taxes less subsidies on products 3.86 billion current US$ (2025)
- Net primary income (Net income from abroad) -1.44 trillion current LCU (2025)
- Net primary income (Net income from abroad) -2.47 billion current US$ (2025)
- GNI per capita 1.06 million current LCU (2025)
- GNI per capita, Atlas method 1,780 current US$ (2025)
- GNI 20.10 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Senegal?
- Gross savings in Senegal was 7.04 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Senegal?
- The highest recorded value was 7.20 billion current US$ in 2021.
- What is the lowest gross savings recorded in Senegal?
- The lowest recorded value was 109.95 million current US$ in 1993.
- How does Senegal rank for gross savings?
- Senegal ranks 101st out of 177 countries with data for 2023.
- Is gross savings rising or falling in Senegal?
- Over the last ten years it is up 128.5%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.