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Economy of Afghanistan vs Senegal compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $32.3B for Senegal, ranking 137/197 and 110/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $36.7B (111.4% of GDP) in Senegal.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Senegal
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Senegal
Current $ Constant $ Current $ Constant $
1960 - - $1,003,692,370 $3,845,391,102
1961 - - $1,058,975,257 $3,960,500,895
1962 - - $1,085,475,791 $3,955,105,292
1963 - - $1,122,139,862 $4,028,847,383
1964 - - $1,188,930,645 $4,185,324,878
1965 - - $1,210,058,228 $4,241,081,336
1966 - - $1,246,908,186 $4,363,087,109
1967 - - $1,246,480,766 $4,309,866,484
1968 - - $1,309,384,862 $4,580,990,424
1969 - - $1,245,234,931 $4,280,745,764
1970 - - $1,297,407,655 $4,647,265,165
1971 - - $1,339,549,033 $4,640,738,107
1972 - - $1,620,857,104 $4,936,966,115
1973 - - $1,863,398,590 $4,661,323,443
1974 - - $2,099,325,229 $4,857,135,178
1975 - - $2,830,388,405 $5,223,152,496
1976 - - $2,869,777,884 $5,689,084,008
1977 - - $2,938,046,463 $5,536,451,272
1978 - - $3,280,354,921 $5,317,543,794
1979 - - $4,084,877,823 $5,689,861,493
1980 - - $4,510,108,291 $5,916,759,626
1981 - - $4,095,892,781 $6,223,261,363
1982 - - $4,013,951,443 $6,721,768,519
1983 - - $3,569,356,125 $6,342,159,312
1984 - - $3,485,165,432 $6,591,776,710
1985 - - $3,818,944,918 $6,820,055,505
1986 - - $5,392,093,446 $7,033,317,655
1987 - - $6,487,353,103 $7,473,312,401
1988 - - $6,418,419,389 $7,412,287,163
1989 - - $6,366,039,373 $7,706,835,394
1990 - - $7,390,967,360 $7,649,320,651
1991 - - $7,255,210,470 $7,852,789,724
1992 - - $7,769,817,840 $7,956,464,848
1993 - - $7,367,986,241 $8,064,689,718
1994 - - $5,034,588,196 $8,060,857,301
1995 - - $6,326,342,633 $8,501,672,123
1996 - - $6,559,712,166 $8,673,403,962
1997 - - $6,041,478,726 $8,937,561,243
1998 - - $6,505,607,909 $9,464,741,444
1999 - - $6,592,834,933 $10,059,440,324
2000 $3,521,418,060 $6,206,547,590 $6,013,185,004 $10,450,471,991
2001 $2,813,571,754 $5,621,147,631 $6,507,824,829 $10,900,976,316
2002 $3,825,701,439 $7,228,795,919 $7,006,402,320 $10,908,464,913
2003 $4,520,946,819 $7,867,263,256 $8,768,721,563 $11,518,679,089
2004 $5,224,896,719 $7,978,515,642 $10,076,816,667 $12,053,525,217
2005 $6,203,256,539 $8,874,480,196 $11,009,033,438 $12,573,060,905
2006 $6,971,758,282 $9,349,921,886 $11,697,918,243 $12,866,110,160
2007 $9,747,886,187 $10,642,671,963 $13,994,218,413 $13,229,850,431
2008 $10,109,297,048 $11,060,395,116 $16,853,989,628 $13,719,774,159
2009 $12,416,152,732 $13,426,272,073 $16,145,867,495 $14,097,356,679
2010 $15,856,668,556 $15,354,612,542 $16,121,315,909 $14,575,382,432
2011 $17,805,098,206 $15,420,077,666 $17,814,283,639 $14,769,831,309
2012 $19,907,329,778 $17,386,490,239 $17,660,870,412 $15,361,066,999
2013 $20,146,416,758 $18,360,263,163 $18,918,667,725 $15,731,635,117
2014 $20,497,128,556 $18,860,496,494 $19,797,253,440 $16,710,783,797
2015 $19,134,221,645 $19,134,221,645 $17,774,766,696 $17,774,766,696
2016 $18,116,572,395 $19,566,715,174 $19,040,312,333 $18,904,543,056
2017 $18,753,456,498 $20,084,646,751 $20,996,562,944 $20,304,894,471
2018 $18,053,222,687 $20,323,499,020 $23,116,701,556 $21,565,674,311
2019 $18,799,444,490 $21,118,473,702 $23,403,995,992 $22,560,634,320
2020 $19,955,929,052 $20,621,957,125 $24,530,513,038 $22,863,414,676
2021 $14,259,995,441 $16,345,202,563 $27,520,784,130 $24,359,596,784
2022 $14,497,243,872 $15,325,233,810 $27,783,332,223 $25,297,546,479
2023 $17,152,234,637 $15,672,648,238 $30,696,331,296 $26,374,572,022
2024 - - $32,267,254,425 $28,192,309,478

Economic indicators

Afghanistan Senegal
Gross domestic product
$17.2B
2023
$32.3B
2024
GDP rank
137/197
2023
110/197
2024
GDP growth
18.3%
2022-2023
5.12%
2023-2024
GDP per capita
$414
2023
$1,744
2024
GDP per capita rank
196/197
2023
160/197
2024
GDP per capita, PPP
$2,202
2023
$5,110
2024
Government debt
$1.42B
2023
$36.7B
2024
Debt-to-GDP ratio
8.25%
2023
111.4%
2025
Government debt per person
$34.2
2023
$1,982
2024
Government debt per person rank
185/185
2023
119/185
2024
Average annual personal income after taxes
$1,632
2025
$1,890
2025
Income share by richest 10% n/a
28.8%
2021
Income share by poorest 10% n/a
3%
2021
Government expenditure, % of GDP
17%
2023
29%
2025
Consumer prices inflation
-4.3%
2023-2024
0.8%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
5.78%
2024
Population
44810409
19281054

GDP per capita in Afghanistan vs Senegal

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $1,744 in Senegal, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Senegal ranks 157th at $5,110.

Afghanistan
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $300 -
1961 - - $308 -
1962 - - $307 -
1963 - - $309 -
1964 - - $318 -
1965 - - $314 -
1966 - - $315 -
1967 - - $305 -
1968 - - $311 -
1969 - - $287.3 -
1970 - - $290.5 -
1971 - - $291.1 -
1972 - - $342 -
1973 - - $381 -
1974 - - $417 -
1975 - - $547 -
1976 - - $541 -
1977 - - $540 -
1978 - - $589 -
1979 - - $716 -
1980 - - $772 -
1981 - - $683 -
1982 - - $652 -
1983 - - $564 -
1984 - - $536 -
1985 - - $571 -
1986 - - $784 -
1987 - - $916 -
1988 - - $880 -
1989 - - $849 -
1990 - - $957 $1,513
1991 - - $913 $1,561
1992 - - $951 $1,573
1993 - - $878 $1,588
1994 - - $584 $1,578
1995 - - $715 $1,656
1996 - - $723 $1,679
1997 - - $651 $1,719
1998 - - $685 $1,798
1999 - - $678 $1,893
2000 $174.9 $814 $603 $1,963
2001 $138.7 $748 $637 $2,044
2002 $179 $927 $669 $2,027
2003 $198.9 $967 $818 $2,131
2004 $221.8 $972 $918 $2,236
2005 $254.2 $1,076 $980 $2,350
2006 $274.2 $1,122 $1,017 $2,422
2007 $376 $1,287 $1,189 $2,499
2008 $382 $1,334 $1,399 $2,581
2009 $452 $1,571 $1,309 $2,606
2010 $561 $1,766 $1,276 $2,663
2011 $607 $1,744 $1,375 $2,685
2012 $651 $1,988 $1,327 $2,764
2013 $637 $2,133 $1,380 $2,769
2014 $625 $2,224 $1,399 $2,854
2015 $566 $2,284 $1,218 $2,994
2016 $522 $2,213 $1,266 $3,101
2017 $525 $2,336 $1,357 $3,234
2018 $491 $2,432 $1,453 $3,380
2019 $497 $2,583 $1,431 $3,648
2020 $511 $2,562 $1,461 $3,753
2021 $356 $2,144 $1,598 $4,174
2022 $357 $2,123 $1,574 $4,530
2023 $414 $2,202 $1,698 $4,778
2024 - - $1,744 $5,110

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Senegal's spent $10B, or 29% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 111.4% in Senegal, ranking 181/185 and 14/185, respectively.

Afghanistan
Government spending

Government debt
Senegal
Government spending

Government debt
Year % of GDP
Afghanistan Senegal
Government spending Government debt Government spending Government debt
1994 - - 15.9% 77.3%
1995 - - 14.4% 65.3%
1996 - - 15.4% 0.07%
1997 - - 14.1% 67.8%
1998 - - 13.5% 18.8%
1999 - - 14.6% 15%
2000 - - 14% 57.5%
2001 - - 15.7% 53.2%
2002 6.94% 346% 15.5% 52%
2003 11.9% 270.6% 17.1% 42.9%
2004 15.1% 245% 18.1% 38%
2005 15.7% 206.4% 18.7% 36.1%
2006 18.3% 23% 21.3% 17.5%
2007 21.4% 20.1% 22.2% 19%
2008 20.9% 19.1% 20.9% 19.1%
2009 21.2% 16.2% 21.1% 29.9%
2010 20.8% 7.7% 21.7% 34.6%
2011 21.9% 7.5% 23.3% 32.9%
2012 25% 6.76% 23% 34.5%
2013 25% 6.9% 22.1% 36.9%
2014 25.4% 8.7% 23.1% 42.4%
2015 25.9% 9.15% 22.9% 44.5%
2016 28% 8.44% 24% 47.5%
2017 27.7% 8% 22.5% 61.1%
2018 28.9% 7.38% 22.6% 61.5%
2019 28% 6.14% 30.2% 72.1%
2020 27.9% 7.33% 29.4% 81.6%
2021 17.9% 11.1% 31% 89.4%
2022 16.1% 10.6% 32.5% 94.6%
2023 17% 8.25% 33.3% 107.4%
2024 - - 31.1% 113.7%
2025 - - 29% 111.4%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Senegal's deficit of -$3.77B, or -12.3% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Senegal ran a deficit in 20 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -4.75% of GDP for Senegal.

Deficit/surplus
Afghanistan

Senegal
Year Deficit/surplus, % of GDP
Afghanistan Senegal
1994 - 5.9%
1995 - 2.41%
1996 - 0.92%
1997 - 0.98%
1998 - 0.93%
1999 - -0.62%
2000 - 0.78%
2001 - -1.44%
2002 -0.1% 0.19%
2003 -2.1% -0.52%
2004 -2.39% 0.18%
2005 -0.92% -0.26%
2006 0.68% -3.67%
2007 -2.46% -2.8%
2008 -3.86% -3.53%
2009 -1.76% -3.66%
2010 0.93% -3.94%
2011 -0.67% -4.92%
2012 0.18% -4.18%
2013 -0.63% -4.34%
2014 -1.72% -3.9%
2015 -1.38% -3.66%
2016 0.13% -3.27%
2017 -0.67% -2.97%
2018 1.63% -3.66%
2019 -1.06% -9.88%
2020 -2.24% -9.28%
2021 -0.48% -11.5%
2022 -1% -12.6%
2023 -1.36% -12.3%
2024 - -11.7%
2025 - -7.25%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.12% in Senegal. In 2024, inflation was -4.3% in Afghanistan and 0.8% in Senegal.

Inflation
Afghanistan

Senegal
Year Inflation
Afghanistan Senegal Afghanistan Senegal
1996 - 2.75%
1997 - 1.75%
1998 - 1.16%
1999 - 0.83%
2000 - 0.73%
2001 - 2.97%
2002 - 2.34%
2003 35.7% -0.05%
2004 16.4% 0.51%
2005 10.6% 1.71%
2006 6.8% 2.11%
2007 8.7% 5.85%
2008 26.4% 7.35%
2009 -6.8% -2.25%
2010 2.2% 1.23%
2011 11.8% 3.4%
2012 6.4% 1.42%
2013 7.4% 0.71%
2014 4.7% -1.09%
2015 -0.7% 0.14%
2016 4.4% 0.84%
2017 5% 1.32%
2018 0.6% 0.46%
2019 2.3% 1.76%
2020 5.6% 2.54%
2021 7.8% 2.18%
2022 10.6% 9.7%
2023 -7.7% 5.94%
2024 -4.3% 0.8%

Top exports between countries

Afghanistan
Export category Export value
Senegal
Export category Export value
Chemicals & pharma $211K
Textiles & consumer goods $8K
Machinery & equipment $3K
Metals $2K
Animal & marine products $1K

Balance of trade

Afghanistan Senegal
Current account balance
-$3.14B
2020
-$6.07B
2023
Current account balance ranking
157/189
2020
172/189
2023
Current account balance, % of GDP
-15.7%
2020
-19.8%
2023
Goods imports
$5.88B
2020
$10.8B
2023
Goods exports
$777M
2020
$5.52B
2023
Service imports
$1.11B
2020
$4.08B
2023
Service exports
$700M
2020
$1.48B
2023
Imports of goods and services, % of GDP
50.7%
2023
43.1%
2024
Exports of goods and services, % of GDP
16.9%
2023
28.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Senegal
Economic freedom 53 56.4
Economic freedom ranking 142/197 119/197
Property rights 7.4 57.2
Government integrity 14.1 45.2
Judicial effectiveness 2.7 50.3
Tax burden 91.1 69.4
Government spending 76.1 79.7
Fiscal health 99.9 30.5
Business freedom 34.6 54.3
Labor freedom 45.1 54.3
Monetary freedom 80.8 68.8
Trade freedom 68.6 67.2
Investment freedom 10 60
Financial freedom 10 40

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 56.4 for Senegal, ranking 119/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Senegal
Year Economic freedom index
Afghanistan Senegal
1996 - 58.2
1997 - 58.1
1998 - 59.7
1999 - 60.6
2000 - 58.9
2001 - 58.7
2002 - 58.6
2003 - 58.1
2004 - 58.9
2005 - 57.9
2006 - 56.2
2007 - 58.1
2008 - 58.3
2009 - 56.3
2010 - 54.6
2011 - 55.7
2012 - 55.4
2013 - 55.5
2014 - 55.4
2015 - 57.8
2016 - 58.1
2017 48.9 55.9
2018 51.3 55.7
2019 51.5 56.3
2020 54.7 58
2021 53 58
2022 - 60
2023 - 57.7
2024 - 55.4
2025 - 56.4

More economic indicators

Afghanistan Senegal
Services, % of GDP
46.4%
2023
49.1%
2024
Industry, % of GDP
13.4%
2023
25.4%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
15.5%
2024
GNI, Atlas method
$15.5B
2023
$31B
2024
GNI per capita, PPP
$2,210
2023
$4,960
2024
Total reserves including gold
$9.75B
2020
n/a
Total reserves ranking
78/177
2020
n/a
Net foreign direct investment
$24.3M
2020
-$4.72B
2023
Net inflows of foreign direct investment
$20.6M
2021
$2.02B
2024
Net outflows of foreign direct investment
$30.8M
2021
$48.1M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
9.05%
2023
Poverty at national poverty lines
47.1%
2019
37.5%
2021
Gross capital formation, % of GDP
15.3%
2023
32.9%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.