senegal economy 2019


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  • What's happening in Senegal?

    The fishing sector has replaced the groundnut sector as Senegal's export leader. Its export earnings reached U.S.$239 million in 2000. The industrial fishing operations struggle with high costs, and Senegalese tuna is rapidly losing the French market to more efficient Asian competitors.

  • How does the World Bank support Senegal?

    The World Bank’s assistance to Senegal focuses on three points: accelerated growth and wealth creation; human development and shared growth; and rural and urban synergies. Located in the westernmost part of the continent, Senegal is bordered by Mauritania, Mali, Guinea, and Guinea-Bissau.

  • How did the economy of Senegal change in the 1960s?

    The GDP per capita of Senegal shrank by 1.30% in the 1960s. However, it registered a peak growth of 158% in the 1970s, and still expanded 43% in the turbulent 1980s. However, this proved unsustainable and the economy consequently shrank by 40% in the 1990s.

  • How much money can US invest in Senegal?

    Currently, there are no restrictions on the transfer or repatriation of capital and income earned, or investment financed with convertible foreign exchange. Direct U.S. investment in Senegal remains about U.S.$38 million, mainly in petroleum marketing, pharmaceuticals manufacturing, chemicals, and banking.

Senegal: boosting its business

Senegal: boosting its business

Growth and Development Profile: Senegal I A Level and IB Economics

Growth and Development Profile: Senegal I A Level and IB Economics

Senegals economy struggles amid COVID-19 pandemic

Senegals economy struggles amid COVID-19 pandemic

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