Economy of Senegal - Wikipedia
The economy of Senegal is driven by mining, construction, tourism, fishing and agriculture, which are the main sources of employment in rural areas, despite abundant natural resources in iron, zircon, gas, gold, phosphates, and numerous oil discoveries recently.
Senegal Overview: Development news, research, data | World Bank
Oct 17, 2024 · Economic Situation. Real growth is expected to reach 6.1% in 2024 (3.4% per capita), below the initial forecast of 7.1%, due to weaker-than-expected activity in the construction, mining, and industrial sectors.
Senegal Economic Update 2024: Seizing the Opportunity - World Bank …
Jun 12, 2024 · Senegal’s economy increased in 2023, driven by the resilience of the primary sector. Real GDP growth is estimated at 4.3% – 1.5% in per capita terms in 2023 – slightly above the 3.8% growth rate registered in 2022 and above initial projections of 4.1%.
Senegal - Trade, Agriculture, Fishing | Britannica
3 days ago · The Senegalese economy has traditionally revolved around a single cash crop, the peanut. The government, however, has worked to diversify both cash crops and subsistence agriculture by expanding into commodities such as cotton, garden produce, and sugarcane as well as by promoting nonagricultural sectors.
Senegal's Growth Prospects are Strong - IMF
Jul 12, 2023 · After slowing to 4.7 percent in 2022, growth in Senegal is projected to rebound to over 5.3 percent this year, due in part to an emerging oil and gas industry. This makes Senegal one of the strongest growing economies in sub-Saharan Africa.
Senegal Economy, Politics and GDP Growth Summary - The …
Access the latest politics analysis and economic growth summary through 2011 for Senegal from The Economist Intelligence Unit.
with Senegal. A strong economic recovery is underway since mid-2020, driven by industrial production and the services sector, and 2021 growth has been revised upwards from 3 ½ to about 5 percent. The recovery is expected to continue in 2022 and beyond, with a further temporary boost from oil and gas production in 2023–24.
Senegal | Data - World Bank Data
Senegal Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.
Senegal: Development news, research, data | World Bank
Access Senegal’s economy facts, statistics, project information, development research from experts and latest news. Latest news and information from the World Bank and its development work in Senegal.
The Senegal Economic Update monitors significant recent economic developments in the country, highlighting the key structural challenges Senegal faces in its pursuit of inclu-sive and sustained growth, and analysing policy options. This report is prepared by the World Bank’s Macro-economics, Trade and Investment (MTI) Global Practice