
Senegal: Trade balance, percent of GDP
* indicates monthly or quarterly data series
| Senegal |
Trade balance as percent of GDP |
|---|---|
| Latest value | -6.09 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1960 - 2025 |
| Average | -12.54 |
| Min - Max | -26.00 - -1.07 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2025 is -6.09 percent, an increase from -17.27 percent in 2024. In comparison, the world average is -3.51 percent, based on data from 135 countries. Historically, the average for Senegal from 1960 to 2025 is -12.54 percent. The minimum value, -26 percent, was reached in 2022 while the maximum of -1.07 percent was recorded in 1960.
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* indicates monthly or quarterly data series
| Recent values | Senegal: Trade balance, percent of GDP |
|---|---|
| 2025 | -6.09 |
| 2024 | -17.27 |
| 2023 | -25.38 |
| 2022 | -26.00 |
| 2021 | -20.10 |
| 2020 | -18.65 |
| 2019 | -14.27 |
| 2018 | -15.89 |
The trade balance for Senegal and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 112.40 | 2024 | percent |
| Trade openness | 71.07 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 32.49 | 2025 | percent |
| Exports, billion dollars | 12.02 | 2025 | billion U.S. dollars |
| Growth of exports | 28.94 | 2025 | percent |
| Imports, percent of GDP | 38.58 | 2025 | percent |
| Imports, billion dollars | 14.28 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 6.27 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.04 | 2025 | billion U.S. dollars |
| Portfolio investment inflows, equities | 8.65 | 2023 | million dollars (current) |
| Current account, percent of GDP | -19.78 | 2023 | percent |
| Current account, in dollars | -6.07 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -6.09 | 2025 | percent |
| Trade balance, in dollars | -7.92 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 10.64 | 2023 | percent |
| Remittances | 3,267.14 | 2023 | million U.S. dollars |
| Net errors and omissions | 11.13 | 2023 | million USD |
| External debt | 130.13 | 2023 | percent |
| Short-term external debt | 12.16 | 2023 | percent |