Analysis by Region - Emerging Markets - Senegal

Analysis by Region - Emerging Markets - Senegal

External balances are set to deteriorate considerably this year and price inflation has already reached extraordinary levels. Higher food and fuel prices will exacerbate underlying inflationary trends that were present before the conflict in Ukraine. GDP growth is expected to drop from 8.7% in 2021 to 3.5% this year, before recovering to 6.5% in 2023.

Senegal: GDP growth to see a temporary stumble this year
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and politics

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