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Economy of Poland vs Senegal compared: GDP & Debt

Updated on by Georank team

Poland has a GDP of $918B compared to $32.8B for Senegal, ranking 21/197 and 109/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $42.1B (128.4% of GDP) in Senegal.

Poland vs Senegal GDP by year

Poland
Senegal
1x
Year GDP, current $
Poland Senegal
2024 $917,767,106,147 $32,808,056,601
2023 $812,451,193,396 $30,696,331,296
2022 $695,607,470,875 $27,783,332,223
2021 $689,170,230,665 $27,520,784,130
2020 $605,914,237,904 $24,530,513,038
2019 $602,683,770,145 $23,403,995,992
2018 $594,616,687,350 $23,116,701,556
2017 $528,356,676,667 $20,996,562,944
2016 $473,259,583,970 $19,040,312,333
2015 $480,054,118,583 $17,774,766,696
2014 $542,134,167,179 $19,797,253,440
2013 $518,179,836,405 $18,918,667,725
2012 $498,148,649,703 $17,660,870,412
2011 $527,848,543,023 $17,814,283,639
2010 $478,111,630,684 $16,121,315,909
2009 $440,891,472,247 $16,145,867,495
2008 $535,612,030,672 $16,853,989,628
2007 $429,715,132,138 $13,994,218,413
2006 $345,897,630,736 $11,697,918,243
2005 $306,999,913,151 $11,009,033,438
2004 $256,268,656,145 $10,076,816,667
2003 $218,561,225,998 $8,768,721,563
2002 $199,694,463,256 $7,006,402,320
2001 $191,823,200,371 $6,507,824,829
2000 $172,953,527,033 $6,013,185,004
1999 $170,704,452,715 $6,592,834,933
1998 $175,282,269,667 $6,505,607,909
1997 $159,893,964,917 $6,041,478,726
1996 $160,813,026,223 $6,559,712,166
1995 $142,838,527,115 $6,326,342,633
1994 $110,803,635,288 $5,034,588,196
1993 $96,043,157,273 $7,367,986,241
1992 $94,337,050,693 $7,769,817,840
1991 $85,500,935,935 $7,255,210,470
1990 $65,977,748,211 $7,390,967,360
1989 - $6,366,039,373
1988 - $6,418,419,389
1987 - $6,487,353,103
1986 - $5,392,093,446
1985 - $3,818,944,918
1984 - $3,485,165,432
1983 - $3,569,356,125
1982 - $4,013,951,443
1981 - $4,095,892,781
1980 - $4,510,108,291
1979 - $4,084,877,823
1978 - $3,280,354,921
1977 - $2,938,046,463
1976 - $2,869,777,884
1975 - $2,830,388,405
1974 - $2,099,325,229
1973 - $1,863,398,590
1972 - $1,620,857,104
1971 - $1,339,549,033
1970 - $1,297,407,655
1969 - $1,245,234,931
1968 - $1,309,384,862
1967 - $1,246,480,766
1966 - $1,246,908,186
1965 - $1,210,058,228
1964 - $1,188,930,645
1963 - $1,122,139,862
1962 - $1,085,475,791
1961 - $1,058,975,257
1960 - $1,003,692,370

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

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

GDP per capita in Poland vs Senegal by year

Poland
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 $1,773 $5,071
2023 $22,145 $48,473 $1,698 $4,778
2022 $18,891 $46,778 $1,574 $4,530
2021 $18,636 $41,060 $1,598 $4,174
2020 $16,151 $37,089 $1,461 $3,753
2019 $15,875 $35,882 $1,431 $3,648
2018 $15,658 $32,345 $1,453 $3,380
2017 $13,913 $30,170 $1,357 $3,234
2016 $12,464 $28,360 $1,266 $3,101
2015 $12,638 $26,988 $1,218 $2,994
2014 $14,262 $25,460 $1,399 $2,854
2013 $13,622 $24,434 $1,380 $2,769
2012 $13,087 $23,728 $1,327 $2,764
2011 $13,868 $22,809 $1,375 $2,685
2010 $12,568 $20,991 $1,276 $2,663
2009 $11,556 $19,300 $1,309 $2,606
2008 $14,049 $18,372 $1,399 $2,581
2007 $11,273 $16,833 $1,189 $2,499
2006 $9,069 $15,205 $1,017 $2,422
2005 $8,044 $13,936 $980 $2,350
2004 $6,712 $13,413 $918 $2,236
2003 $5,721 $12,329 $818 $2,131
2002 $5,223 $11,841 $669 $2,027
2001 $5,015 $11,175 $637 $2,044
2000 $4,521 $10,721 $603 $1,963
1999 $4,416 $10,081 $678 $1,893
1998 $4,534 $9,521 $685 $1,798
1997 $4,137 $8,967 $651 $1,719
1996 $4,164 $8,310 $723 $1,679
1995 $3,701 $7,715 $715 $1,656
1994 $2,875 $7,040 $584 $1,578
1993 $2,497 $6,560 $878 $1,588
1992 $2,459 $6,193 $951 $1,573
1991 $2,236 $5,925 $913 $1,561
1990 $1,731 $6,185 $957 $1,513
1989 - - $849 -
1988 - - $880 -
1987 - - $916 -
1986 - - $784 -
1985 - - $571 -
1984 - - $536 -
1983 - - $564 -
1982 - - $652 -
1981 - - $683 -
1980 - - $772 -
1979 - - $716 -
1978 - - $589 -
1977 - - $540 -
1976 - - $541 -
1975 - - $547 -
1974 - - $417 -
1973 - - $381 -
1972 - - $342 -
1971 - - $291.1 -
1970 - - $290.5 -
1969 - - $287.3 -
1968 - - $311 -
1967 - - $305 -
1966 - - $315 -
1965 - - $314 -
1964 - - $318 -
1963 - - $309 -
1962 - - $307 -
1961 - - $308 -
1960 - - $300 -

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

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

Poland's GDP per capita is $25,104, ranking 48/197, compared to $1,773 in Senegal, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while Senegal ranks 158th at $5,071.

Economic indicators

Poland Senegal
Gross domestic product
$918B
2024
$32.8B
2024
GDP rank
21/197
2024
109/197
2024
GDP growth
3.03%
2023-2024
6.06%
2023-2024
GDP per capita
$25,104
2024
$1,773
2024
GDP per capita rank
48/197
2024
159/197
2024
GDP per capita, PPP
$51,263
2024
$5,071
2024
GDP per capita PPP rank
43/197
2024
158/197
2024
Government debt
$507B
2024
$42.1B
2024
Debt-to-GDP ratio
55.3%
2024
128.4%
2024
Government debt per person
$13,874
2024
$2,277
2024
Government debt per person rank
41/185
2024
115/185
2024
Average annual personal income after taxes
$20,736
2026
$2,194
2026
Market capitalization of domestic companies
$197B
2024
n/a
Number of billionaires
10
2025
n/a
Income share by richest 10%
22.9%
2023
28.8%
2021
Income share by poorest 10%
3.3%
2023
3%
2021
Government expenditure, % of GDP
49.4%
2024
33.5%
2024
Consumer prices inflation
3.78%
2023-2024
0.8%
2023-2024
Central bank interest rate
4%
2025
n/a
Unemployment rate
2.81%
2024
5.78%
2024
Population
35806942
19491599

Spending and national debt comparison by year

Poland
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Poland Senegal
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 33.5% 128.4%
2023 46.9% 49.5% 35.5% 118.4%
2022 43.2% 48.8% 36.2% 105%
2021 43.6% 53% 33.6% 98.6%
2020 47.7% 56.6% 29.6% 90.2%
2019 41.4% 45.2% 34.3% 81.5%
2018 41% 48.2% 22.6% 61.5%
2017 41.1% 50.4% 22.5% 61.1%
2016 41.1% 54.1% 24% 47.5%
2015 41.5% 51.1% 22.9% 44.5%
2014 42.7% 51.1% 23.1% 42.4%
2013 43.2% 56.9% 22.1% 36.9%
2012 43.2% 54.5% 23% 34.5%
2011 44.1% 54.8% 23.3% 32.9%
2010 46% 53.7% 21.7% 34.6%
2009 44.9% 49.7% 21.1% 29.9%
2008 44% 46.6% 20.9% 19.1%
2007 42.8% 44.4% 22.2% 19%
2006 44.3% 47.1% 21.3% 17.5%
2005 44.1% 46.5% 18.7% 36.1%
2004 43.3% 44.9% 18.1% 38%
2003 45.5% 46.4% 17.1% 42.9%
2002 45.1% 41.6% 15.5% 52%
2001 44.7% 37.2% 15.7% 53.2%
2000 43.1% 36.4% 14% 57.5%
1999 42.5% 39.4% 14.6% 15%
1998 44% 38.7% 13.5% 18.8%
1997 46.1% 42.7% 14.1% 67.8%
1996 50.7% 43.2% 15.4% 0.07%
1995 47.5% 48.7% 14.4% 65.3%
1994 - 64.3% 15.9% 77.3%
1993 - 83.9% - -
1992 - 81.9% - -
1991 - 76.9% - -
1990 - 89.7% - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 35.6% - - -
1978 35.8% - - -
1977 35.6% - - -
1976 34.8% - - -
1975 34.1% - - -
1974 28.6% - - -
1973 24.5% - - -
1972 24.1% - - -
1971 24.1% - - -
1970 25.8% - - -
1969 26.3% - - -
1968 27.3% - - -
1967 29.6% - - -
1966 31.7% - - -
1965 31.8% - - -
1964 33.5% - - -
1963 33.3% - - -
1962 43% - - -
1961 42.8% - - -
1960 39.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

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

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while Senegal spent $11B, or 33.5% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 128.4% in Senegal, ranking 95/185 and 11/185, respectively.

Government deficit by year

Deficit/surplus
Poland

Senegal
1x
Year Deficit/surplus, % of GDP
Poland Senegal
2024 -6.59% -13.4%
2023 -5.27% -14.8%
2022 -3.44% -16.1%
2021 -1.75% -13.7%
2020 -6.85% -9.64%
2019 -0.73% -13.9%
2018 -0.24% -3.66%
2017 -1.49% -2.97%
2016 -2.38% -3.27%
2015 -2.59% -3.66%
2014 -3.66% -3.9%
2013 -4.25% -4.34%
2012 -3.8% -4.18%
2011 -4.97% -4.92%
2010 -7.43% -3.94%
2009 -7.24% -3.66%
2008 -3.6% -3.53%
2007 -1.88% -2.8%
2006 -3.53% -3.67%
2005 -3.93% -0.26%
2004 -4.99% 0.18%
2003 -6.02% -0.52%
2002 -4.8% 0.19%
2001 -4.73% -1.44%
2000 -4% 0.78%
1999 -2.3% -0.62%
1998 -4.25% 0.93%
1997 -4.61% 0.98%
1996 -4.84% 0.92%
1995 -4.39% 2.41%
1994 - 5.9%

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

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

In 2024, Poland's government deficit, the difference between spending and revenue, was $60.4B, equivalent to 6.59% of GDP. This compares to Senegal's deficit of $4.4B, or 13.4% of GDP.

Over the past 30 years, Poland recorded a fiscal deficit in 30 of those years, while Senegal ran a deficit in 23 years. On average, Poland posted an annual deficit equal to 4.02% of GDP, compared to deficit of 4.22% of GDP for Senegal.

Inflation comparison by year

Inflation
Poland

Senegal
1x
Year Consumer prices inflation
Poland Senegal
2024 3.78% 0.8%
2023 11.5% 5.94%
2022 14.4% 9.7%
2021 5.06% 2.18%
2020 3.37% 2.54%
2019 2.23% 1.76%
2018 1.81% 0.46%
2017 2.08% 1.32%
2016 -0.66% 0.84%
2015 -0.87% 0.14%
2014 0.05% -1.09%
2013 0.99% 0.71%
2012 3.56% 1.42%
2011 4.24% 3.4%
2010 2.58% 1.23%
2009 3.8% -2.25%
2008 4.16% 7.35%
2007 2.46% 5.85%
2006 1.28% 2.11%
2005 2.18% 1.71%
2004 3.38% 0.51%
2003 0.68% -0.05%
2002 1.91% 2.34%
2001 5.41% 2.97%
2000 9.9% 0.73%
1999 7.15% 0.83%
1998 11.6% 1.16%
1997 14.9% 1.75%

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

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

Over the past 28 years, Poland has recorded an average annual inflation rate of 4.39%, compared with 2.01% in Senegal. In 2024, inflation was 3.78% in Poland and 0.8% in Senegal.

Top exports between countries

Poland
Export category Export value
Processed food, beverages & tobacco $135M
Raw agricultural goods $23.3M
Animal & marine products $12.8M
Machinery & equipment $6.79M
Textiles & consumer goods $2.98M
Raw materials & minerals $2.32M
Wood & paper products $2.11M
Chemicals & pharma $1.39M
Metals $1.25M
Miscellaneous $1M
Senegal
Export category Export value
Raw materials & minerals $8.44M
Metals $1.7M
Machinery & equipment $116K
Raw agricultural goods $27K
Animal & marine products $21K
Processed food, beverages & tobacco $6K
Precious metals & jewellery $5K
Textiles & consumer goods $4K
Chemicals & pharma $1K
Wood & paper products $1K

Balance of trade

Poland Senegal
Current account balance
$2.8B
2024
-$6.07B
2023
Current account balance ranking
40/190
2024
170/190
2023
Current account balance, % of GDP
+0.3%
2024
-19.8%
2023
Goods imports
$367B
2024
$10.8B
2023
Goods exports
$361B
2024
$5.52B
2023
Service imports
$74.9B
2024
$4.08B
2023
Service exports
$118B
2024
$1.48B
2023
Imports of goods and services, % of GDP
48.2%
2024
43.4%
2024
Exports of goods and services, % of GDP
52.2%
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.

Poland Senegal
Economic freedom 68.5 53.2
Economic freedom ranking 46/197 140/197
Property rights 71.8 57.4
Government integrity 60.7 47.3
Judicial effectiveness 62.5 50.5
Tax burden 72.7 68.8
Government spending 35.1 63.1
Fiscal health 74.8 0
Business freedom 77.5 55.2
Labor freedom 53.7 54.4
Monetary freedom 73.8 74.3
Trade freedom 79.4 67
Investment freedom 80 60
Financial freedom 80 40

Economic freedom comparison by year

Poland
Senegal
1x
Year Economic freedom index
Poland Senegal
2026 68.5 53.2
2025 67.1 56.4
2024 66 55.4
2023 67.7 57.7
2022 68.7 60
2021 69.7 58
2020 69.1 58
2019 67.8 56.3
2018 68.5 55.7
2017 68.3 55.9
2016 69.3 58.1
2015 68.6 57.8
2014 67 55.4
2013 66 55.5
2012 64.2 55.4
2011 64.1 55.7
2010 63.2 54.6
2009 60.3 56.3
2008 60.3 58.3
2007 58.1 58.1
2006 59.3 56.2
2005 59.6 57.9
2004 58.7 58.9
2003 61.8 58.1
2002 65 58.6
2001 61.8 58.7
2000 60 58.9
1999 59.6 60.6
1998 59.2 59.7
1997 56.8 58.1
1996 57.8 58.2
1995 50.7 -

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

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

The Economic Freedom Index for Poland is 68.5, ranking 46/197, 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

Poland Senegal
Services, % of GDP
59.1%
2024
48.4%
2024
Industry, % of GDP
27.2%
2024
25%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
16.6%
2024
GNI, Atlas method
$789B
2024
$31.1B
2024
GNI per capita, PPP
$49,540
2024
$4,920
2024
Total reserves including gold
$223B
2024
n/a
Total reserves ranking
17/177
2024
n/a
Net foreign direct investment
-$10.6B
2024
-$4.72B
2023
Net inflows of foreign direct investment
$20.6B
2024
$2.02B
2024
Net outflows of foreign direct investment
$10B
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI n/a
10.8%
2024
Poverty at national poverty lines
13.3%
2024
37.5%
2021
Gross capital formation, % of GDP
17.8%
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/poland/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. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  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.