Social contributions in Senegal
Senegal: Social contributions was 171.14 billion current LCU in 2023. ▲ Rising
Social contributions in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, social contributions in Senegal stood at 171.14 billion current LCU. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 64.1% over ten years.
Over the whole period, social contributions in Senegal peaked at 171.14 billion current LCU in 2023 and was at its lowest, 104.30 billion current LCU, in 2015.
Senegal ranks 35th of 112 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 133.50 billion current LCU | 104.30 billion current LCU | 163.14 billion current LCU | 5 |
| 2020s | 158.38 billion current LCU | 149.07 billion current LCU | 171.14 billion current LCU | 4 |
Countries ranked near Senegal
More public sector data for Senegal
- Arms imports 77.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.5% (2023)
- Taxes on income, profits and capital gains 24.7% (2023)
- Taxes on goods and services 40.5% (2023)
- Net investment in nonfinancial assets 6.6% (2023)
- Net lending (+) / net borrowing (-) -4.9% (2023)
- Interest payments 12.3% (2023)
- Grants and other revenue 19.0% (2023)
- Interest payments 13.2% (2023)
- Other taxes 2.2% (2023)
Frequently asked questions
- What is social contributions in Senegal?
- Social contributions in Senegal was 171.14 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Senegal?
- The highest recorded value was 171.14 billion current LCU in 2023.
- What is the lowest social contributions recorded in Senegal?
- The lowest recorded value was 104.30 billion current LCU in 2015.
- How does Senegal rank for social contributions?
- Senegal ranks 35th out of 112 countries with data for 2023.
- Is social contributions rising or falling in Senegal?
- Over the last ten years it is up 64.1%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.