Senegal Economic Outlook

  • Growth of gross domestic product (GDP) in Senegal in 2015 is estimated to have been 5.1% in 2015 and is predicted to reach 6.0% in 2016 and 6.5% in 2017.
  • The establishment of a precautionary reserve in 2015 and its continuation in the 2016 budget are examples of results-based management in line with the directives of the West African Economic and Monetary Union (WAEMU) relating to public finances.
  • Urban development provides opportunities linked to economic sector diversification, but the inflow of people from the countryside raises the issue of sustainable urban management.

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AfDB and Senegal

The African Development Bank and Senegal have a long history of cooperation, dating back to 1972. Since that time, the Bank has financed 66 national projects in several sectors with a total investment of approximately US $ 1.1 billion or 532 billion CFA francs. Infrastructure projects make up 39.4 per cent of the Bank’s investment in Senegal, compared to 21.3 per cent for the social sector and 18.7 per cent for rural projects. In the private sector, the AfDB has financed four operations amounting to US $248 million.

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Key Facts

Capital: Dakar
Area: 197,000 sq km
Total Population 2017: 16.1 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 17.0 Billion
GNI Per Capita 2015: US$ 1,000
Inflation Rate: 1.89%
Crude Birth Rate (per 1000): 36.20%
Human Development Index (rank / 188): 162
Human Development Index (scale 0 to 1): 0.494
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 1.4 Billion

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Bureau régional du Sénégal

Groupe de la Banque africaine de développement
Immeuble Coumba, 2eme étage
Route de Ngor, Zone 12
Les Almadies
BP 50544 - CP 18524 RP
Dakar, Sénégal

Tél : +221 338200888/338697544
Fax : +221 338200999

M. Mamadou Lamine Ndongo, Représentant Résident

West Africa Region

Mr. M. Janvier LITSE, Director West Africa Region

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47