Analysis by Region - Emerging Markets - Senegal

Analysis by Region - Emerging Markets - Senegal

The Senegalese economy will face some severe headwinds this year, containing growth to a projected 3.6% in 2022. Employment levels suggest consumer spending is taking strain, which will be exacerbated by a surge in consumer price inflation. Recently announced government support measures will cushion this blow somewhat. The commencement of hydrocarbon production is expected to push GDP growth to 6.5% next year.

Senegal: Spending slump to be followed by hydrocarbons boost
Forecast overview
Recent developments
Short-term growth 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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