Net current transfers (% of GDP) in Senegal
Senegal: Net current transfers (% of GDP) was 12.1% in 2010. ▲ Rising
Net current transfers in Senegal, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
The most recent figure for net current transfers in Senegal is 12.1%, measured in 2010.
Compared with earlier readings it is up 4.5% on the previous year and up 39.1% over ten years.
Senegal ranks 7th of 41 countries on this measure, in the top quarter.
Net current transfers (% of GDP) in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 8.7% | — |
| 2006 | 8.9% | +3.1% |
| 2007 | 11.4% | +27.6% |
| 2008 | 12.6% | +10.5% |
| 2009 | 11.5% | -8.3% |
| 2010 | 12.1% | +4.5% |
Senegal compared with similar countries
- Senegal's 12.1% is above the median for lower middle income countries, which is 6.6%, 1.8× the median. (20 countries reporting)
- Senegal's 12.1% is above the median for Sub-Saharan Africa, which is 7.2%, 1.7× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.6% | 8.7% | 12.6% | 5 |
| 2010s | 12.1% | 12.1% | 12.1% | 1 |
Countries ranked near Senegal
More trade data for Senegal
- Commodity Net Export Price Index, Individual Commodities Weighted by 124.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.69 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.34 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 86.73 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 95.8 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.8 (2025)
- Imports of low carbon technology products, Percent of GDP 1.12 (2024)
- Imports of low carbon technology products, US dollar (World), per 19.9 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0114 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 25.66 million (2024)
Frequently asked questions
- What is net current transfers in Senegal?
- Net current transfers in Senegal was 12.1% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Senegal?
- The highest recorded value was 12.6% in 2008.
- What is the lowest net current transfers recorded in Senegal?
- The lowest recorded value was 8.7% in 2005.
- How does Senegal rank for net current transfers?
- Senegal ranks 7th out of 41 countries with data for 2010.
- Is net current transfers rising or falling in Senegal?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is rising.
- Where does this Senegal data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.