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Economy of Egypt vs Senegal compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $32.8B for Senegal, ranking 41/197 and 109/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $42.1B (128.4% of GDP) in Senegal.

Egypt vs Senegal GDP by year

Egypt
Senegal
1x
Year GDP, current $
Egypt Senegal
2024 $389,059,911,004 $32,808,056,601
2023 $395,926,075,163 $30,696,331,296
2022 $476,747,720,365 $27,783,332,223
2021 $424,671,765,456 $27,520,784,130
2020 $383,817,841,547 $24,530,513,038
2019 $318,678,815,490 $23,403,995,992
2018 $262,588,632,527 $23,116,701,556
2017 $248,362,771,739 $20,996,562,944
2016 $332,441,717,791 $19,040,312,333
2015 $329,366,576,819 $17,774,766,696
2014 $305,595,408,895 $19,797,253,440
2013 $288,434,108,527 $18,918,667,725
2012 $279,116,666,667 $17,660,870,412
2011 $235,989,672,978 $17,814,283,639
2010 $218,983,666,062 $16,121,315,909
2009 $189,147,005,445 $16,145,867,495
2008 $162,818,181,818 $16,853,989,628
2007 $130,437,828,371 $13,994,218,413
2006 $107,426,086,957 $11,697,918,243
2005 $89,660,339,660 $11,009,033,438
2004 $78,782,467,532 $10,076,816,667
2003 $80,288,461,538 $8,768,721,563
2002 $85,146,067,416 $7,006,402,320
2001 $96,684,636,119 $6,507,824,829
2000 $99,838,543,960 $6,013,185,004
1999 $90,710,704,807 $6,592,834,933
1998 $84,828,807,556 $6,505,607,909
1997 $78,436,578,171 $6,041,478,726
1996 $67,629,716,981 $6,559,712,166
1995 $60,159,245,060 $6,326,342,633
1994 $51,897,983,393 $5,034,588,196
1993 $46,578,631,453 $7,367,986,241
1992 $41,855,986,519 $7,769,817,840
1991 $37,387,836,491 $7,255,210,470
1990 $42,978,914,311 $7,390,967,360
1989 $39,756,299,050 $6,366,039,373
1988 $34,980,124,929 $6,418,419,389
1987 $40,455,616,654 $6,487,353,103
1986 $41,253,507,951 $5,392,093,446
1985 $39,053,502,251 $3,818,944,918
1984 $33,971,188,992 $3,485,165,432
1983 $30,966,239,814 $3,569,356,125
1982 $27,655,172,414 $4,013,951,443
1981 $22,136,081,081 $4,095,892,781
1980 $21,669,908,176 $4,510,108,291
1979 $18,020,571,429 $4,084,877,823
1978 $14,811,704,063 $3,280,354,921
1977 $14,400,806,876 $2,938,046,463
1976 $13,315,988,083 $2,869,777,884
1975 $11,632,178,869 $2,830,388,405
1974 $9,228,963,225 $2,099,325,229
1973 $10,098,534,613 $1,863,398,590
1972 $9,299,638,056 $1,620,857,104
1971 $8,609,283,346 $1,339,549,033
1970 $8,042,200,452 $1,297,407,655
1969 $6,524,455,206 $1,245,234,931
1968 $5,932,242,991 $1,309,384,862
1967 $5,605,484,299 $1,246,480,766
1966 $5,278,005,612 $1,246,908,186
1965 $4,948,667,540 $1,210,058,228
1964 $4,709,245,762 $1,188,930,645
1963 $4,187,146,232 $1,122,139,862
1962 $4,035,462,027 $1,085,475,791
1961 $4,494,575,611 $1,058,975,257
1960 $4,206,270,352 $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/senegal | CC BY

GDP per capita in Egypt vs Senegal by year

Egypt
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $1,773 $5,071
2023 $3,457 $18,525 $1,698 $4,778
2022 $4,233 $17,527 $1,574 $4,530
2021 $3,827 $15,579 $1,598 $4,174
2020 $3,511 $15,232 $1,461 $3,753
2019 $2,963 $13,364 $1,431 $3,648
2018 $2,485 $12,329 $1,453 $3,380
2017 $2,395 $11,125 $1,357 $3,234
2016 $3,271 $10,666 $1,266 $3,101
2015 $3,307 $10,903 $1,218 $2,994
2014 $3,133 $10,256 $1,399 $2,854
2013 $3,026 $10,511 $1,380 $2,769
2012 $2,996 $10,342 $1,327 $2,764
2011 $2,591 $8,988 $1,375 $2,685
2010 $2,455 $8,838 $1,276 $2,663
2009 $2,162 $8,465 $1,309 $2,606
2008 $1,896 $8,191 $1,399 $2,581
2007 $1,548 $7,641 $1,189 $2,499
2006 $1,299 $7,079 $1,017 $2,422
2005 $1,106 $6,554 $980 $2,350
2004 $991 $6,207 $918 $2,236
2003 $1,031 $5,928 $818 $2,131
2002 $1,117 $5,753 $669 $2,027
2001 $1,295 $5,650 $637 $2,044
2000 $1,366 $5,452 $603 $1,963
1999 $1,268 $5,121 $678 $1,893
1998 $1,213 $4,869 $685 $1,798
1997 $1,146 $4,661 $651 $1,719
1996 $1,009 $4,434 $723 $1,679
1995 $916 $4,235 $715 $1,656
1994 $807 $4,048 $584 $1,578
1993 $740 $3,895 $878 $1,588
1992 $681 $3,784 $951 $1,573
1991 $623 $3,627 $913 $1,561
1990 $736 $3,566 $957 $1,513
1989 $701 - $849 -
1988 $634 - $880 -
1987 $754 - $916 -
1986 $790 - $784 -
1985 $770 - $571 -
1984 $690 - $536 -
1983 $648 - $564 -
1982 $596 - $652 -
1981 $490 - $683 -
1980 $493 - $772 -
1979 $421 - $716 -
1978 $355 - $589 -
1977 $353 - $540 -
1976 $335 - $541 -
1975 $299.2 - $547 -
1974 $243.1 - $417 -
1973 $272.2 - $381 -
1972 $256.5 - $342 -
1971 $243 - $291.1 -
1970 $232.3 - $290.5 -
1969 $193 - $287.3 -
1968 $179.8 - $311 -
1967 $174.1 - $305 -
1966 $168.1 - $315 -
1965 $161.6 - $314 -
1964 $157.7 - $318 -
1963 $143.9 - $309 -
1962 $142.4 - $307 -
1961 $162.8 - $308 -
1960 $156.4 - $300 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/senegal | CC BY

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $1,773 in Senegal, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Senegal ranks 158th at $5,071.

Economic indicators

Egypt Senegal
Gross domestic product
$389B
2024
$32.8B
2024
GDP rank
41/197
2024
109/197
2024
GDP growth
2.4%
2023-2024
6.06%
2023-2024
GDP per capita
$3,338
2024
$1,773
2024
GDP per capita rank
138/197
2024
159/197
2024
GDP per capita, PPP
$19,094
2024
$5,071
2024
GDP per capita PPP rank
99/197
2024
158/197
2024
Government debt
$354B
2024
$42.1B
2024
Debt-to-GDP ratio
90.9%
2024
128.4%
2024
Government debt per person
$3,036
2024
$2,277
2024
Government debt per person rank
99/185
2024
115/185
2024
Average annual personal income after taxes
$1,948
2026
$2,194
2026
Market capitalization of domestic companies
$42.6B
2024
n/a
Number of billionaires
5
2025
n/a
Income share by richest 10%
24.6%
2021
28.8%
2021
Income share by poorest 10%
4.2%
2021
3%
2021
Government expenditure, % of GDP
22.9%
2024
33.5%
2024
Consumer prices inflation
28.3%
2023-2024
0.8%
2023-2024
Central bank interest rate
21%
2025
n/a
Unemployment rate
5.95%
2024
5.78%
2024
Population
120697176
19491599

Spending and national debt comparison by year

Egypt
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Egypt Senegal
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 33.5% 128.4%
2023 22.7% 95.9% 35.5% 118.4%
2022 24.9% 88.5% 36.2% 105%
2021 25.5% 89.9% 33.6% 98.6%
2020 25.7% 86.2% 29.6% 90.2%
2019 26.9% 80.1% 34.3% 81.5%
2018 28.6% 87.9% 22.6% 61.5%
2017 30.6% 97.8% 22.5% 61.1%
2016 31% 91.6% 24% 47.5%
2015 31.3% 83.8% 22.9% 44.5%
2014 33.9% 80.9% 23.1% 42.4%
2013 32.9% 79.8% 22.1% 36.9%
2012 29.2% 69.9% 23% 34.5%
2011 30.5% 72.8% 23.3% 32.9%
2010 31.4% 69.6% 21.7% 34.6%
2009 32.5% 69.5% 21.1% 29.9%
2008 32.7% 66.8% 20.9% 19.1%
2007 31.3% 76.3% 22.2% 19%
2006 34.5% 85.9% 21.3% 17.5%
2005 30.3% 98.3% 18.7% 36.1%
2004 30.1% 96.5% 18.1% 38%
2003 30.6% 97.1% 17.1% 42.9%
2002 30.9% 85.8% 15.5% 52%
2001 27.9% 79.1% 15.7% 53.2%
2000 26% 71.7% 14% 57.5%
1999 26.3% 72.4% 14.6% 15%
1998 - 73.8% 13.5% 18.8%
1997 - - 14.1% 67.8%
1996 - - 15.4% 0.07%
1995 - - 14.4% 65.3%
1994 - - 15.9% 77.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-02-20).

GeoRank.org/economy/egypt/senegal | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while Senegal spent $11B, or 33.5% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 128.4% in Senegal, ranking 31/185 and 11/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Senegal
1x
Year Deficit/surplus, % of GDP
Egypt Senegal
2024 -7.12% -13.4%
2023 -5.77% -14.8%
2022 -5.74% -16.1%
2021 -6.96% -13.7%
2020 -7.47% -9.64%
2019 -7.6% -13.9%
2018 -8.97% -3.66%
2017 -9.9% -2.97%
2016 -11.8% -3.27%
2015 -10.4% -3.66%
2014 -10.7% -3.9%
2013 -12.3% -4.34%
2012 -9.47% -4.18%
2011 -9.6% -4.92%
2010 -7.45% -3.94%
2009 -6.2% -3.66%
2008 -6.05% -3.53%
2007 -4.9% -2.8%
2006 -7.35% -3.67%
2005 -6.69% -0.26%
2004 -5.76% 0.18%
2003 -5.73% -0.52%
2002 -6.77% 0.19%
2001 -1.07% -1.44%
2000 1.32% 0.78%
1999 2.14% -0.62%
1998 - 0.93%
1997 - 0.98%
1996 - 0.92%
1995 - 2.41%
1994 - 5.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20).

GeoRank.org/economy/egypt/senegal | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to Senegal's deficit of $4.4B, or 13.4% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Senegal ran a deficit in 23 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to deficit of 5.07% of GDP for Senegal.

Inflation comparison by year

Inflation
Egypt

Senegal
1x
Year Consumer prices inflation
Egypt Senegal
2024 28.3% 0.8%
2023 33.9% 5.94%
2022 13.9% 9.7%
2021 5.21% 2.18%
2020 5.04% 2.54%
2019 9.15% 1.76%
2018 14.4% 0.46%
2017 29.5% 1.32%
2016 13.8% 0.84%
2015 10.4% 0.14%
2014 10.1% -1.09%
2013 9.47% 0.71%
2012 7.11% 1.42%
2011 10.1% 3.4%
2010 11.3% 1.23%
2009 11.8% -2.25%
2008 18.3% 7.35%
2007 9.32% 5.85%
2006 7.64% 2.11%
2005 4.87% 1.71%
2004 11.3% 0.51%
2003 4.51% -0.05%
2002 2.74% 2.34%
2001 2.27% 2.97%
2000 2.68% 0.73%
1999 3.08% 0.83%
1998 3.87% 1.16%
1997 4.63% 1.75%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/senegal | CC BY

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 2.01% in Senegal. In 2024, inflation was 28.3% in Egypt and 0.8% in Senegal.

Top exports between countries

Egypt
Export category Export value
Raw materials & minerals $31M
Chemicals & pharma $22.3M
Metals $9.81M
Processed food, beverages & tobacco $9.41M
Machinery & equipment $7.13M
Raw agricultural goods $5.92M
Textiles & consumer goods $3.98M
Miscellaneous $1.81M
Animal & marine products $657K
Wood & paper products $623K
Senegal
Export category Export value
Machinery & equipment $10.9M
Textiles & consumer goods $2.87M
Weapons & explosives $1.4M
Metals $878K
Animal & marine products $493K
Processed food, beverages & tobacco $115K
Raw agricultural goods $94K
Chemicals & pharma $57K
Raw materials & minerals $5K
Wood & paper products $2K

Balance of trade

Egypt Senegal
Current account balance
-$22.3B
2024
-$6.07B
2023
Current account balance ranking
184/190
2024
170/190
2023
Current account balance, % of GDP
-5.72%
2024
-19.8%
2023
Goods imports
$72.9B
2024
$10.8B
2023
Goods exports
$34.8B
2024
$5.52B
2023
Service imports
$27.5B
2024
$4.08B
2023
Service exports
$29.6B
2024
$1.48B
2023
Imports of goods and services, % of GDP
23.2%
2024
43.4%
2024
Exports of goods and services, % of GDP
16.4%
2024
24.7%
2024

Economic freedom indices

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

Egypt Senegal
Economic freedom 50.3 53.2
Economic freedom ranking 160/197 140/197
Property rights 35.5 57.4
Government integrity 27.1 47.3
Judicial effectiveness 24 50.5
Tax burden 85.7 68.8
Government spending 83.4 63.1
Fiscal health 21.8 0
Business freedom 51.4 55.2
Labor freedom 43.1 54.4
Monetary freedom 56 74.3
Trade freedom 60.2 67
Investment freedom 65 60
Financial freedom 50 40

Economic freedom comparison by year

Egypt
Senegal
1x
Year Economic freedom index
Egypt Senegal
2026 50.3 53.2
2025 50.9 56.4
2024 49.7 55.4
2023 49.6 57.7
2022 49.1 60
2021 55.7 58
2020 54 58
2019 52.5 56.3
2018 53.4 55.7
2017 52.6 55.9
2016 56 58.1
2015 55.2 57.8
2014 52.9 55.4
2013 54.8 55.5
2012 57.9 55.4
2011 59.1 55.7
2010 59 54.6
2009 58 56.3
2008 58.5 58.3
2007 54.4 58.1
2006 53.2 56.2
2005 55.8 57.9
2004 55.5 58.9
2003 55.3 58.1
2002 54.1 58.6
2001 51.5 58.7
2000 51.7 58.9
1999 58 60.6
1998 55.8 59.7
1997 54.5 58.1
1996 52 58.2
1995 45.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/egypt/senegal | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Senegal
Services, % of GDP
48.9%
2024
48.4%
2024
Industry, % of GDP
32.6%
2024
25%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
16.6%
2024
GNI, Atlas method
$409B
2024
$31.1B
2024
GNI per capita, PPP
$18,230
2024
$4,920
2024
Total reserves including gold
$44.9B
2024
n/a
Total reserves ranking
44/177
2024
n/a
Net foreign direct investment
-$46.1B
2024
-$4.72B
2023
Net inflows of foreign direct investment
$46.6B
2024
$2.02B
2024
Net outflows of foreign direct investment
$508M
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
10.8%
2024
Poverty at national poverty lines
33.5%
2021
37.5%
2021
Gross capital formation, % of GDP
13%
2024
37.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/egypt/senegal | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.