Senegal's external debt stocks (% of GNI) was 150.69% in 2024, the latest year in the World Bank's World Development Indicators. That is up 95.28 percentage points from 55.41% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 150.69% | 2024 |
| Five years earlier | 91.31% | 2019 |
| Ten years earlier | 55.41% | 2014 |
| Highest | 153.25% | 2023 |
| Lowest | 10.11% | 1972 |
| Average since 2015 | 103.07% | 2015–2024 |
| First recorded | 11.33% | 1970 |
What the numbers say
In 2024, Senegal's external debt stocks (% of GNI) fell 2.56 percentage points on 2023 (from 153.25% to 150.69%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +3.32 percentage points and a typical year strayed about 9.82 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations below 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 22.03 percentage points in 1994 and the biggest yearly fall was 18.72 percentage points in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 11.26 percentage points a year. A straight line explains 97% 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.
A straight-line projection, tested first
Extending that straight line gives about 181.47% for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 18.8%, against 31.03% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Senegal had the 3rd highest value of the 110 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Senegal | 150.69% | 2024 |
| Lower middle income | 30.09% | 2024 |
Closest to Senegal in the 2024 ranking
- Mozambique — 1st of 110: 350.57%
- Mongolia — 2nd of 110: 181.86%
- Mauritius — 4th of 110: 123.17%
- Lao PDR — 5th of 110: 115.4%
- Zambia — 6th of 110: 114.2%
What this measures
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | External debt stocks (% of GNI) |
|---|---|
| 2024 | 150.69 |
| 2023 | 153.25 |
| 2022 | 132.3 |
| 2021 | 114.38 |
| 2020 | 107.86 |
| 2019 | 91.31 |
| 2018 | 88.97 |
| 2017 | 69.73 |
| 2016 | 61.78 |
| 2015 | 60.48 |
| 2014 |
External debt stocks (% of GNI) in nearby economies
- Angola — 79.57% (2024)
- Benin — 66.55% (2024)
- Botswana — 11.93% (2024)
- Burkina Faso — 48.76% (2024)
- Burundi — 47.13% (2024)
- Cabo Verde — 86.89% (2024)
- Cameroon — 31.29% (2024)
- Central African Republic — 35.85% (2024)
- Chad — 16.4% (2024)
- Comoros — 24.81% (2024)
- Congo, Dem. Rep. — 18.25% (2024)
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 external debt stocks (% of GNI)?
- 150.69% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 139.36 percentage points from 11.33% in 1970. The highest value was 153.25% in 2023 and the lowest 10.11% in 1972.
- How does Senegal rank?
- 3rd highest of 110 economies with data for 2024.
Source
World Bank, World Development Indicators, indicator DT.DOD.DECT.GN.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, 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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