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Senegal

Frontier

Africa · BRVM (shared regional exchange) · XOF (West African CFA)

S&P Rating

NR

GDP (Nominal)

$37B

Nominal USD

GDP Growth

+6.7%

Year-on-Year

Inflation

1.5%

CPI Annualised

Market Cap

$5B

Equity Market

Equity Mkt / GDP: 14%

Economy Overview

A detailed economy overview for this market is being prepared. The macro figures shown are live and current.

First oil exports began 2024 from the Sangomar field — Senegal is transitioning from a frontier agricultural economy to a petro-state. IMF projects GDP acceleration toward double digits by 2025.

Key Sectors

Oil & Gas (Sangomar)Fishing & SeafoodTourismMining

Economic Profile

ClassificationFrontier
RegionAfrica
CurrencyXOF (West African CFA)
Primary ExchangeBRVM (shared regional exchange)
Listed Companies45
GDP / Capita$1,955
Population19M

Monetary & Fiscal

CB Policy Rate3.5%
FX Reserves$6B
Debt / GDP132%
Current Account-19.8% of GDP
S&P RatingNR
Unemployment2.7%

Data Sources:

World Bank World Development Indicators (2025)BIS policy rates · IMF World Economic OutlookILO Labour StatisticsS&P Global RatingsWorld Federation of Exchanges2024 estimates · For intelligence purposes only