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Senegal Trade (% GDP)

Senegal's trade (% GDP) fell to 71.2% in 2024, down from 71.39% in 2023, according to World Bank. This represents a decrease of 0.19% from the previous year. Senegal has trade (% GDP) lower than the global median (71.20% vs median 84.49%). Compared with the median in Africa, Senegal is higher (71.20% vs regional median 62.95%) and ranks 19th out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 71.2%
2023 71.39%
2022 79.6%
2021 69.38%
2020 60.05%
2019 64.24%
2018 61.79%
2017 57.71%
2016 54.11%
2015 58.11%
2014 58.44%
2013 60.63%
2012 61.98%
2011 57.58%
2010 52.46%
2009 52.31%
2008 62.76%
2007 59.27%
2006 54.14%
2005 54.9%
2004 53.66%
2003 50.82%
2002 53.14%
2001 49.72%
2000 48.68%
1999 49.49%
1998 48.1%
1997 47.24%
1996 46.27%
1995 52.73%
1994 54.74%
1993 38.77%
1992 41.46%
1991 42.18%
1990 44.79%
1989 42.96%
1988 40.63%
1987 39.39%
1986 44.82%
1985 52.63%
1984 65.43%
1983 68.56%
1982 57.1%
1981 65.85%
1980 49.3%
1979 49.8%
1978 50.21%
1977 63.95%
1976 54.12%
1975 52.38%
1974 61.39%
1973 45.3%
1972 43.87%
1971 39.68%
1970 39.35%
1969 38.93%
1968 35.6%
1967 27.88%
1966 28.68%
1965 26.95%
1964 28.01%
1963 27.92%
1962 29.86%
1961 31.01%
1960 24.09%
Senegal Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Senegal divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $5.32B $5.71B 2023
Annual Imports $11.88B $12.06B 2023
Exports (% GDP) 28.06% 23.11% 2024
FDI Inflows (% GDP) 15.6% 10.54% 2023
Imports (% GDP) 43.14% 48.29% 2024
Net Trade (Goods & Services, BoP) -$7.92B -$7.28B 2023
Tariff Rate 12.75% 12.88% 2022