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Senegal vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Senegal ranked 111st with $24.1B. By GDP 5-years average growth and GDP per capita, South Africa and Senegal ranked 151st vs 20th and 95th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalSouth Africa
GDP$24.1B$368.3B
GDP growth, 1 year6.2%0.8%
GDP growth, 5-years average6.5%1.1%
Population14.1M57.7M
GDP per capita$1.5k$6.4k
GDP per capita growth3.84%-0.57%
Purchasing Power Parity conversion factor223.66.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.47
GDP per capita, PPP adjusted$3.7k$14k
GNI, Atlas method$22.4B$332.3B
GNI per capita$1.4k$5.8k
GNI, PPP adjusted$58.2B$765.8B
GNI per capita, PPP adjusted$3.7k$13k

Financial system and Human development

StatSenegalSouth Africa
Income Tax Rate40%45%
Corporate Tax Rate30%28%
Inflation, consumer prices0.5%4.6%
Inflation, GDP deflator2.3%3.9%
Unemployment6.5%27%
Economic Freedom Index5858.8
Personal Freedom Index6.676.92
Human Freedom Index6.296.78
Property Rights Index52.458.4
Judical Effectiveness Index39.838
Business Freedom Index50.462
Fiscal Health Index75.264
Labor Freedom Index38.158.8
Investment Freedom Index6045
Financial Freedom Index4050
Trade Freedom Index65.475.8
Monetary Freedom Index79.775.9
Government Spending Index84.467.4
Tax Burden Index70.263.7
Government Integrity Index40.646.6
Corruption Perceptions Index4543
Life expectancy at birth, years67.463.5
Suicide mortality rate, per 100,000 people611.6
Mortality caused by road traffic injury, per 100,000 people23.425.9
Intentional homicides, per 100,000 people7.435.9
International tourism, number of arrivals1.4M10.5M

Government debt & reserves

StatSenegalSouth Africa
Central government debt, % of GDP64.4%56.7%
External debt stocks, % of GNI52.4%50.6%
External debt stocks$12.3B$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary income13.5%19.9%
Adjusted net savings including particulate emission damage, % of GNI12.3%0.6%
Gross savings, % of GDP20.4%14.9%
Gross capital formation, % of GDP28.7%17.9%
Total reserves including goldN/A$51.6B
Foreign direct investment net inflows$629.3M$5.5B

Exports, imports and economic structure

StatSenegalSouth Africa
Exports of goods and services, % of GDP21.9%29.9%
Imports of goods and services, % of GDP36.1%29.6%
Current account balance (balance of payments)-$1.5B-$13.4B
Revenue excluding grants, % of GDP19.2%30.9%
Grants excluding technical cooperation, BoP$478.7M$817.9M
Personal remittances received$2.4B$929M
Industry including construction value added, % of GDP25.8%25.9%
Agriculture, forestry and fishing value added, % of GDP16.6%2.2%
Charges for the use of intellectual property, payments BoP$8.1M$1.8B
Charges for the use of intellectual property, receipts BoP$4.9M$120.7M
Expense, % of GDP18.3%34.4%
Government Expenditure, % of GDP22.8%33%

Compare with countries close by GDP per capita

Senegal vs

CountryGDP
per capita
Population
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M