Senegal: public finances

How much debt does Senegal have?

Senegal's public debt, covering central government and state-owned enterprises, was 27,132 billion CFA francs (about 48.4 billion US dollars) at the end of 2025, or 105.3% of rebased GDP, according to the Ministry of Economy, Finance and Planning's presentation to external creditors of October 2026. External debt was 71.4% of GDP and domestic debt 33.9%.

The ministry says these figures are preliminary. An audit of 2019-2024 raised the 2024 debt stock from about 73% to about 112% of GDP. On 1 September 2026 the government launched a debt treatment plan (PTDS) and asked for treatment of external debt under the G20 Common Framework, leaving CFA-franc debt out of scope. The ministry publishes statistical debt bulletins.

Official sources: presentation to external creditors · debt treatment plan (PTDS) · statistical debt bulletins

What is Senegal's budget deficit?

Senegal's budget deficit fell from 11.7% of GDP in 2024 to 5.4% in 2025, measured against rebased GDP, according to the Ministry of Economy, Finance and Planning's presentation to external creditors. Before the audit, the 2024 budget law had shown a deficit of 3.4% of GDP.

The ministry's 1 September 2026 communiqué gives 13.4% for 2024 and 6.4% for 2025; the difference comes from the GDP rebasing, which raised GDP by about 20%. The ministry says the plan is to bring the deficit below the 3% of GDP limit set by the West African Economic and Monetary Union over the medium term, under a new IMF Extended Credit Facility agreed at staff level on 1 September 2026.

Official sources: presentation to external creditors · communiqué

How much tax does Senegal collect?

Senegal collected 4,087.4 billion CFA francs in tax revenue in 2025, 99.6% of the target and 10.7% more than in 2024, according to the Ministry of Economy, Finance and Planning's DPBEP 2027-2029. Total general budget revenue, including grants, was 4,477.1 billion.

For 2026, the initial budget law targets 5,932.2 billion in total revenue. By the end of March 2026, 1,149.7 billion had been collected, 19.4% of the annual target, with tax revenue up 14.1% year on year. The ministry links the increase to company taxes from extractive industries and domestic indirect taxes. Quarterly budget execution reports are published on the ministry website.

Official sources: DPBEP 2027-2029 · ministry website

What is Senegal's government debt?

The IMF puts general government gross debt in Senegal at 127.7% of GDP in 2025. Since 2005 it has ranged from 17.5% of GDP (2006) to 136.1% of GDP (2024). It is 2nd highest of 46 in Sub-Saharan Africa, where the median is 53.0% of GDP. World rank, highest first: 10th of 185.

What is Senegal's budget deficit?

The IMF puts general government net lending or borrowing in Senegal at -6.4% of GDP in 2025 (a deficit). Its high point since 2005 was 2005, at -0.3% of GDP; its low point was 2022, at -16.1% of GDP. It is 40th highest of 47 in Sub-Saharan Africa, where the median is -3.0% of GDP. World rank, highest first: 163rd of 188.

How much does Senegal's government take in?

20.8% of GDP: that is general government revenue in Senegal for 2025, according to the IMF. It is the top of the series, which starts in 2005. Sub-Saharan Africa median: 18.4% of GDP; Senegal is 17th highest of 47. Worldwide: 125th of 187.

How much does Senegal's government spend?

The latest figure from the IMF, for 2025, is 27.2% of GDP. The peak was 36.1% of GDP in 2022 and the low 18.7% of GDP in 2005. Sub-Saharan Africa median: 20.8% of GDP; Senegal is 13th highest of 46. World rank, highest first: 110th of 186.

What is tax revenue in Senegal?

In 2023, central government tax revenue in Senegal was 19.5% of GDP, according to the IMF. No year since 2015 has been higher. Sub-Saharan Africa median: 14.0% of GDP; Senegal is 7th highest of 22. Worldwide: 42nd of 110.

What is Senegal's defence spending?

According to SIPRI, military spending in Senegal was 1.6% of GDP in 2025. Since 2005 it has ranged from 1.1% of GDP (2012) to 2.0% of GDP (2024). Sub-Saharan Africa median: 1.3% of GDP; Senegal is 18th highest of 44. Worldwide: 79th of 149.