External borrowing, net in Senegal
Senegal: External borrowing, net was 316.61 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Senegal, 1980–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, external borrowing, net in Senegal stood at 316.61 billion current LCU. That is the highest value across all 32 years on record.
That represents a change of up 75.9% on the previous year and up 476.7% over ten years.
Over the whole period, external borrowing, net in Senegal peaked at 316.61 billion current LCU in 2011 and was at its lowest, 7.20 billion current LCU, in 1991.
Senegal ranks 9th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Senegal, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 17.00 billion current LCU | — |
| 1981 | 35.30 billion current LCU | +107.6% |
| 1982 | 28.60 billion current LCU | -19.0% |
| 1983 | 48.50 billion current LCU | +69.6% |
| 1984 | 36.70 billion current LCU | -24.3% |
| 1985 | 38.00 billion current LCU | +3.5% |
| 1986 | 28.00 billion current LCU | -26.3% |
| 1987 | 52.00 billion current LCU | +85.7% |
| 1988 | 51.90 billion current LCU | -0.2% |
| 1989 | 47.80 billion current LCU | -7.9% |
| 1990 | 55.00 billion current LCU | +15.1% |
| 1991 | 7.20 billion current LCU | -86.9% |
| 1992 | 12.10 billion current LCU | +68.1% |
| 1993 | 8.60 billion current LCU | -28.9% |
| 1994 | 186.70 billion current LCU | +2070.9% |
| 1995 | 75.50 billion current LCU | -59.6% |
| 1996 | 39.60 billion current LCU | -47.5% |
| 1997 | 46.60 billion current LCU | +17.7% |
| 1998 | 50.30 billion current LCU | +7.9% |
| 1999 | 22.90 billion current LCU | -54.5% |
| 2000 | 17.10 billion current LCU | -25.3% |
| 2001 | 54.90 billion current LCU | +221.1% |
| 2002 | 68.40 billion current LCU | +24.6% |
| 2003 | 68.90 billion current LCU | +0.7% |
| 2004 | 142.30 billion current LCU | +106.5% |
| 2005 | 161.30 billion current LCU | +13.4% |
| 2006 | 121.10 billion current LCU | -24.9% |
| 2007 | 131.00 billion current LCU | +8.2% |
| 2008 | 222.90 billion current LCU | +70.2% |
| 2009 | 225.50 billion current LCU | +1.2% |
| 2010 | 180.00 billion current LCU | -20.2% |
| 2011 | 316.61 billion current LCU | +75.9% |
Senegal compared with similar countries
- Senegal's 316.61 billion current LCU is above the median for lower middle income countries, which is 3.27 billion current LCU, 96.7× the median. (24 countries reporting)
- Senegal's 316.61 billion current LCU is above the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 33.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +2070.9% | 8.60 billion current LCU | 186.70 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.38 billion current LCU | 17.00 billion current LCU | 52.00 billion current LCU | 10 |
| 1990s | 50.45 billion current LCU | 7.20 billion current LCU | 186.70 billion current LCU | 10 |
| 2000s | 121.34 billion current LCU | 17.10 billion current LCU | 225.50 billion current LCU | 10 |
| 2010s | 248.30 billion current LCU | 180.00 billion current LCU | 316.61 billion current LCU | 2 |
Countries ranked near Senegal
- 6 Sierra Leone 591.26 billion current LCU compare
- 7 Sao Tome and Principe 460.64 billion current LCU compare
- 8 Madagascar 387.78 billion current LCU compare
- 10 Gabon 243.69 billion current LCU compare
- 11 Chad 187.30 billion current LCU compare
- 12 Rwanda 133.18 billion current LCU compare
More science & technology data for Senegal
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 123.89 (2024)
- Mobile cellular subscriptions by country, per capita 1.24 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 22.92 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 116.35 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -0.0145 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 2.33 % change on previous year (2024)
- Scientific and technical journal articles 489.62 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Senegal?
- External borrowing, net in Senegal was 316.61 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Senegal?
- The highest recorded value was 316.61 billion current LCU in 2011.
- What is the lowest external borrowing, net recorded in Senegal?
- The lowest recorded value was 7.20 billion current LCU in 1991.
- How does Senegal rank for external borrowing, net?
- Senegal ranks 9th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Senegal?
- Over the last ten years it is up 476.7%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.