Senegal vs Switzerland: Economic Indicators Comparison

Switzerland with a GDP of $705.1B ranked the 20th largest economy in the world, while Senegal ranked 111th with $24.1B. By GDP 5-years average growth and GDP per capita, Switzerland and Senegal ranked 134th vs 20th and 4th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalSwitzerland
GDP$24.1B$705.1B
GDP growth, 1 year6.2%2.5%
GDP growth, 5-years average6.5%1.9%
Population15.9M8.5M
GDP per capita$1.5k$83k
GDP per capita growth3.84%1.97%
Purchasing Power Parity conversion factor223.61.19
Price level ratio of PPP conversion factor GDP to market exchange rate0.41.22
GDP per capita, PPP adjusted$3.7k$65k
GNI, Atlas method$22.4B$718.9B
GNI per capita$1.4k$84k
GNI, PPP adjusted$58.2B$586.1B
GNI per capita, PPP adjusted$3.7k$69k

Financial system and Human development

StatSenegalSwitzerland
Income Tax Rate40%11.5%
Corporate Tax Rate30%8.5%
Inflation, consumer prices0.5%0.9%
Inflation, GDP deflator2.3%0.2%
Unemployment6.5%4.9%
Economic Freedom Index5882
Personal Freedom Index6.679.31
Human Freedom Index6.298.83
Property Rights Index52.487.4
Judical Effectiveness Index39.881.5
Business Freedom Index50.474.2
Fiscal Health Index75.296.7
Labor Freedom Index38.172.4
Investment Freedom Index6085
Financial Freedom Index4090
Trade Freedom Index65.486.6
Monetary Freedom Index79.784.4
Government Spending Index84.465.3
Tax Burden Index70.270.1
Government Integrity Index40.690.1
Corruption Perceptions Index4585
Life expectancy at birth, years67.483.6
Suicide mortality rate, per 100,000 people617.2
Mortality caused by road traffic injury, per 100,000 people23.42.7
Intentional homicides, per 100,000 people7.40.5
International tourism, number of arrivals1.4M10.4M

Government debt & reserves

StatSenegalSwitzerland
Central government debt, % of GDP64.4%40.5%
External debt stocks, % of GNI52.4%N/A
External debt stocks$12.3BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income13.5%N/A
Adjusted net savings including particulate emission damage, % of GNI12.3%16.4%
Gross savings, % of GDP20.4%34.7%
Gross capital formation, % of GDP28.7%22.7%
Total reserves including goldN/A$787B
Foreign direct investment net inflows$629.3M-$67.7B

Exports, imports and economic structure

StatSenegalSwitzerland
Exports of goods and services, % of GDP21.9%66.1%
Imports of goods and services, % of GDP36.1%53.9%
Current account balance (balance of payments)-$1.5B$74.1B
Revenue excluding grants, % of GDP19.2%18%
Grants excluding technical cooperation, BoP$478.7MN/A
Personal remittances received$2.4B$2.6B
Industry including construction value added, % of GDP25.8%25%
Agriculture, forestry and fishing value added, % of GDP16.6%0.7%
Charges for the use of intellectual property, payments BoP$8.1M$13.6B
Charges for the use of intellectual property, receipts BoP$4.9M$25.8B
Expense, % of GDP18.3%17%
Government Expenditure, % of GDP22.8%34%

Compare with countries close by GDP per capita

Senegal vs

CountryGDP
per capita
Population
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M

Switzerland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k