Senegal vs Tanzania: Economic Indicators Comparison

Tanzania with a GDP of $58B ranked the 80th largest economy in the world, while Senegal ranked 111th with $24.1B. By GDP 5-years average growth and GDP per capita, Tanzania and Senegal ranked 18th vs 20th and 169th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalTanzania
GDP$24.1B$58B
GDP growth, 1 year6.2%6.6%
GDP growth, 5-years average6.5%6.6%
Population15.9M57.3M
GDP per capita$1.5k$1.1k
GDP per capita growth3.84%2.12%
Purchasing Power Parity conversion factor223.6741.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.33
GDP per capita, PPP adjusted$3.7k$3.4k
GNI, Atlas method$22.4B$55.7B
GNI per capita$1.4k$1k
GNI, PPP adjusted$58.2B$171.7B
GNI per capita, PPP adjusted$3.7k$3.2k

Financial system and Human development

StatSenegalTanzania
Income Tax Rate40%30%
Corporate Tax Rate30%30%
Inflation, consumer prices0.5%3.5%
Inflation, GDP deflator2.3%4.8%
Unemployment6.5%1.9%
Economic Freedom Index5861.7
Personal Freedom Index6.676.51
Human Freedom Index6.296.37
Property Rights Index52.441.9
Judical Effectiveness Index39.843.4
Business Freedom Index50.445.9
Fiscal Health Index75.292.9
Labor Freedom Index38.166.4
Investment Freedom Index6055
Financial Freedom Index4050
Trade Freedom Index65.467.8
Monetary Freedom Index79.772.2
Government Spending Index84.491.6
Tax Burden Index70.280.6
Government Integrity Index40.632.5
Corruption Perceptions Index4536
Life expectancy at birth, years67.464.5
Suicide mortality rate, per 100,000 people65.4
Mortality caused by road traffic injury, per 100,000 people23.429.2
Intentional homicides, per 100,000 people7.47
International tourism, number of arrivals1.4M1.4M

Government debt & reserves

StatSenegalTanzania
Central government debt, % of GDP64.4%36%
External debt stocks, % of GNI52.4%33.1%
External debt stocks$12.3B$18.6B
Short-term debt, % of total reservesN/A35.9%
Total debt service, % of exports and primary income13.5%8.4%
Adjusted net savings including particulate emission damage, % of GNI12.3%23.1%
Gross savings, % of GDP20.4%30.5%
Gross capital formation, % of GDP28.7%34%
Total reserves including goldN/A$5B
Foreign direct investment net inflows$629.3M$1.1B

Exports, imports and economic structure

StatSenegalTanzania
Exports of goods and services, % of GDP21.9%15.1%
Imports of goods and services, % of GDP36.1%17.1%
Current account balance (balance of payments)-$1.5B-$1.9B
Revenue excluding grants, % of GDP19.2%13.7%
Grants excluding technical cooperation, BoP$478.7M$1.6B
Personal remittances received$2.4B$412.9M
Industry including construction value added, % of GDP25.8%25.1%
Agriculture, forestry and fishing value added, % of GDP16.6%28.7%
Charges for the use of intellectual property, payments BoP$8.1M$6.1M
Charges for the use of intellectual property, receipts BoP$4.9M$83k
Expense, % of GDP18.3%14.3%
Government Expenditure, % of GDP22.8%16.8%

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
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M

Tanzania vs

CountryGDP
per capita
Population
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
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M