Senegal's adjusted savings, net national savings (% of GNI) was 14.25% in 2018, the latest year in the World Bank's World Development Indicators. That is up 9.29 percentage points from 4.96% in 2008.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 14.25% | 2018 |
| Five years earlier | 5.66% | 2013 |
| Ten years earlier | 4.96% | 2008 |
| Highest | 15.24% | 1974 |
| Lowest | -4.84% | 1993 |
| Average since 2009 | 8.68% | 2009–2018 |
| First recorded | 15.24% | 1974 |
What the numbers say
In 2018, Senegal's adjusted savings, net national savings (% of GNI) rose 0.42 percentage points on 2017 (from 13.83% to 14.25%).
Across the 30 yearly changes before that (1988 to 2017), the average change was +0.31 percentage points and a typical year strayed about 1.91 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 4.32 percentage points in 1981 and the biggest yearly fall was 6.25 percentage points in 1980. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2009 to 2018 the straight-line trend is upward, about 1.14 percentage points a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Senegal in the 2018 ranking
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Adjusted savings, net national savings (% of GNI) |
|---|---|
| 2018 | 14.25 |
| 2017 | 13.83 |
| 2016 | 11.95 |
| 2015 | 10.69 |
| 2014 | 8.58 |
| 2013 | 5.66 |
| 2012 | 5.96 |
| 2011 | 4.08 |
| 2010 | 6.6 |
| 2009 | 5.16 |
| 2008 |
Adjusted savings, net national savings (% of GNI) in nearby economies
- Angola — 35.45% (2021)
- Benin — 10.86% (2020)
- Botswana — 2.61% (2021)
- Burkina Faso — 10% (2019)
- Burundi — -8.51% (2018)
- Cabo Verde — 21.2% (2021)
- Cameroon — 3.04% (2021)
- Comoros — 6.81% (2021)
- Congo, Dem. Rep. — 21.14% (2021)
- Congo, Rep.
More economic policy & debt data for Senegal
- General government final consumption expenditure (current US$) — US$5.69 billion (2025)
- General government final consumption expenditure (current LCU) — 3.31 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$4.21 billion (2025)
- General government final consumption expenditure (constant LCU) — 2.52 trillion (2025)
- General government final consumption expenditure (% of GDP) — 15.39% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$23.62 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 13.75 trillion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is Senegal's adjusted savings, net national savings (% of GNI)?
- 14.25% in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 1974?
- It is down 0.98 percentage points from 15.24% in 1974. The highest value was 15.24% in 1974 and the lowest -4.84% in 1993.
- Is the latest change in adjusted savings, net national savings (% of GNI) unusual for Senegal?
- In 2018, Senegal's adjusted savings, net national savings (% of GNI) rose 0.42 percentage points on 2017 (from 13.83% to 14.25%). Across the 30 yearly changes before that (1988 to 2017), the average change was +0.31 percentage points and a typical year strayed about 1.91 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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