Net primary income in Senegal
Senegal: Net primary income was -1.15 billion BoP, current US$ in 2023. ◆ Volatile
Net primary income in Senegal, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net primary income in Senegal stood at -1.15 billion BoP, current US$. That is the lowest value across all 50 years on record.
Compared with earlier readings it is down 28.9% on the previous year and down 257.3% over ten years.
Over the whole period, net primary income in Senegal peaked at -48.09 million BoP, current US$ in 2008 and was at its lowest, -1.15 billion BoP, current US$, in 2023.
That places Senegal 119th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -65.98 million BoP, current US$ | -79.16 million BoP, current US$ | -49.85 million BoP, current US$ | 6 |
| 1980s | -123.10 million BoP, current US$ | -171.80 million BoP, current US$ | -96.71 million BoP, current US$ | 10 |
| 1990s | -95.44 million BoP, current US$ | -129.03 million BoP, current US$ | -71.89 million BoP, current US$ | 10 |
| 2000s | -106.01 million BoP, current US$ | -170.43 million BoP, current US$ | -48.09 million BoP, current US$ | 10 |
| 2010s | -416.70 million BoP, current US$ | -654.98 million BoP, current US$ | -150.14 million BoP, current US$ | 10 |
| 2020s | -826.04 million BoP, current US$ | -1.15 billion BoP, current US$ | -592.34 million BoP, current US$ | 4 |
Countries ranked near Senegal
- 116 Belarus -1.11 billion BoP, current US$ compare
- 117 Cameroon -1.11 billion BoP, current US$ compare
- 118 Burkina Faso -1.14 billion BoP, current US$ compare
- 120 Uganda -1.21 billion BoP, current US$ compare
- 121 Jordan -1.25 billion BoP, current US$ compare
- 122 Spain -1.28 billion BoP, current US$ compare
More economy & growth data for Senegal
- Gross national expenditure 22.85 trillion current LCU (2025)
- Final consumption expenditure 17.06 trillion current LCU (2025)
- Final consumption expenditure 23.18 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.9% (2025)
- Manufacturing, value added 4.26 billion constant 2015 US$ (2025)
- Final consumption expenditure 79.2% (2025)
- Manufacturing, value added 2.84 trillion current LCU (2025)
- Gross national expenditure 39.26 billion current US$ (2025)
- Exports of goods and services 7.00 trillion current LCU (2025)
- Exports of goods and services 12.02 billion current US$ (2025)
Frequently asked questions
- What is net primary income in Senegal?
- Net primary income in Senegal was -1.15 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Senegal?
- The highest recorded value was -48.09 million BoP, current US$ in 2008.
- What is the lowest net primary income recorded in Senegal?
- The lowest recorded value was -1.15 billion BoP, current US$ in 2023.
- How does Senegal rank for net primary income?
- Senegal ranks 119th out of 199 countries with data for 2023.
- Is net primary income rising or falling in Senegal?
- Over the last ten years it is down 257.3%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.