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Economy of Senegal vs Tonga compared: GDP & Debt

Updated on by Georank team

Senegal has a GDP of $32.8B compared to $591M for Tonga, ranking 109/197 and 191/197 by economy size, respectively.

Senegal has $42.1B in government debt (128.4% of GDP), compared to $256M (37% of GDP) in Tonga.

Senegal vs Tonga GDP by year

Senegal
Tonga
1x
Year GDP, current $
Senegal Tonga
2024 $32,808,056,601 -
2023 $30,696,331,296 $591,139,749
2022 $27,783,332,223 $556,514,555
2021 $27,520,784,130 $519,306,353
2020 $24,530,513,038 $506,571,468
2019 $23,403,995,992 $506,031,239
2018 $23,116,701,556 $493,530,783
2017 $20,996,562,944 $459,976,850
2016 $19,040,312,333 $420,828,262
2015 $17,774,766,696 $437,525,514
2014 $19,797,253,440 $440,997,738
2013 $18,918,667,725 $451,788,498
2012 $17,660,870,412 $471,122,971
2011 $17,814,283,639 $414,143,828
2010 $16,121,315,909 $366,887,375
2009 $16,145,867,495 $312,415,028
2008 $16,853,989,628 $344,438,844
2007 $13,994,218,413 $298,519,623
2006 $11,697,918,243 $292,232,703
2005 $11,009,033,438 $261,823,805
2004 $10,076,816,667 $230,678,011
2003 $8,768,721,563 $202,246,591
2002 $7,006,402,320 $182,764,281
2001 $6,507,824,829 $181,117,230
2000 $6,013,185,004 $204,848,488
1999 $6,592,834,933 $199,208,718
1998 $6,505,607,909 $191,504,893
1997 $6,041,478,726 $214,991,452
1996 $6,559,712,166 $222,100,576
1995 $6,326,342,633 $208,871,666
1994 $5,034,588,196 $195,990,986
1993 $7,367,986,241 $138,489,884
1992 $7,769,817,840 $137,066,291
1991 $7,255,210,470 $132,201,141
1990 $7,390,967,360 $113,563,822
1989 $6,366,039,373 $106,344,855
1988 $6,418,419,389 $106,657,267
1987 $6,487,353,103 $81,667,133
1986 $5,392,093,446 $68,195,856
1985 $3,818,944,918 $60,058,663
1984 $3,485,165,432 $64,248,355
1983 $3,569,356,125 $60,863,964
1982 $4,013,951,443 $62,068,161
1981 $4,095,892,781 $62,242,013
1980 $4,510,108,291 $53,260,077
1979 $4,084,877,823 $44,667,002
1978 $3,280,354,921 $41,567,472
1977 $2,938,046,463 $34,139,388
1976 $2,869,777,884 $30,036,417
1975 $2,830,388,405 $32,506,742
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/senegal/tonga | CC BY

GDP per capita in Senegal vs Tonga by year

Senegal
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Senegal Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,773 $5,071 - -
2023 $1,698 $4,778 $5,652 $7,803
2022 $1,574 $4,530 $5,298 $7,296
2021 $1,598 $4,174 $4,923 $6,929
2020 $1,461 $3,753 $4,792 $6,676
2019 $1,431 $3,648 $4,789 $6,473
2018 $1,453 $3,380 $4,675 $6,393
2017 $1,357 $3,234 $4,366 $6,229
2016 $1,266 $3,101 $3,988 $5,920
2015 $1,218 $2,994 $4,124 $5,472
2014 $1,399 $2,854 $4,137 $5,336
2013 $1,380 $2,769 $4,219 $5,120
2012 $1,327 $2,764 $4,384 $4,996
2011 $1,375 $2,685 $3,850 $4,855
2010 $1,276 $2,663 $3,416 $4,465
2009 $1,309 $2,606 $2,914 $4,384
2008 $1,399 $2,581 $3,218 $4,600
2007 $1,189 $2,499 $2,797 $4,316
2006 $1,017 $2,422 $2,750 $4,327
2005 $980 $2,350 $2,478 $4,315
2004 $918 $2,236 $2,195 $4,235
2003 $818 $2,131 $1,936 $4,231
2002 $669 $2,027 $1,759 $4,171
2001 $637 $2,044 $1,754 $3,955
2000 $603 $1,963 $1,995 $3,834
1999 $678 $1,893 $1,952 $3,636
1998 $685 $1,798 $1,889 $3,527
1997 $651 $1,719 $2,136 $3,434
1996 $723 $1,679 $2,215 $3,410
1995 $715 $1,656 $2,084 $3,347
1994 $584 $1,578 $1,957 $3,088
1993 $878 $1,588 $1,383 $2,882
1992 $951 $1,573 $1,370 $2,716
1991 $913 $1,561 $1,323 $2,652
1990 $957 $1,513 $1,139 $2,416
1989 $849 - $1,070 -
1988 $880 - $1,078 -
1987 $916 - $830 -
1986 $784 - $696 -
1985 $571 - $613 -
1984 $536 - $656 -
1983 $564 - $621 -
1982 $652 - $633 -
1981 $683 - $636 -
1980 $772 - $545 -
1979 $716 - $458 -
1978 $589 - $428 -
1977 $540 - $353 -
1976 $541 - $315 -
1975 $547 - $349 -
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/senegal/tonga | CC BY

Senegal's GDP per capita is $1,773, ranking 159/197, compared to $5,652 in Tonga, ranking 115/197. Adjusted for purchasing power (GDP per capita PPP), Senegal ranks 158th at $5,071, while Tonga ranks 144th at $7,803.

Economic indicators

Senegal Tonga
Gross domestic product
$32.8B
2024
$591M
2023
GDP rank
109/197
2024
191/197
2023
GDP growth
6.06%
2023-2024
2.79%
2022-2023
GDP per capita
$1,773
2024
$5,652
2023
GDP per capita rank
159/197
2024
115/197
2023
GDP per capita, PPP
$5,071
2024
$7,803
2023
GDP per capita PPP rank
158/197
2024
144/197
2023
Government debt
$42.1B
2024
$256M
2023
Debt-to-GDP ratio
128.4%
2024
37%
2024
Government debt per person
$2,277
2024
$2,445
2023
Government debt per person rank
115/185
2024
111/185
2023
Average annual personal income after taxes
$2,194
2026
$3,886
2026
Income share by richest 10%
28.8%
2021
22%
2021
Income share by poorest 10%
3%
2021
4%
2021
Government expenditure, % of GDP
33.5%
2024
51.3%
2024
Consumer prices inflation
0.8%
2023-2024
3.18%
2023-2024
Unemployment rate
5.78%
2024
1.65%
2023
Population
19491599
103309

Spending and national debt comparison by year

Senegal
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Senegal Tonga
Government spending Government debt Government spending Government debt
2024 33.5% 128.4% 51.3% 37%
2023 35.5% 118.4% 48.2% 43.3%
2022 36.2% 105% 44.4% 43.2%
2021 33.6% 98.6% 44.6% 43%
2020 29.6% 90.2% 37.9% 42.6%
2019 34.3% 81.5% 39.9% 42.8%
2018 22.6% 61.5% 39.6% 45.8%
2017 22.5% 61.1% 39.7% 44.7%
2016 24% 47.5% 37.2% 49.4%
2015 22.9% 44.5% 37.4% 51.1%
2014 23.1% 42.4% 31.5% 47.4%
2013 22.1% 36.9% 34.3% 48.9%
2012 23% 34.5% 32% 60%
2011 23.3% 32.9% 32.6% 51.9%
2010 21.7% 34.6% 28.4% 44.7%
2009 21.1% 29.9% 23.9% 39.7%
2008 20.9% 19.1% 24% 34%
2007 22.2% 19% 23.2% 37.8%
2006 21.3% 17.5% 25.6% 39.6%
2005 18.7% 36.1% 19.8% 43.3%
2004 18.1% 38% 19.3% 52.2%
2003 17.1% 42.9% 20% 56.2%
2002 15.5% 52% 21.3% 60.7%
2001 15.7% 53.2% 19.1% 53.4%
2000 14% 57.5% 20% 43.6%
1999 14.6% 15% 18.8% 38.4%
1998 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/senegal/tonga | CC BY

In 2024, Senegal's government spending was $11B, accounting for 33.5% of its GDP, while Tonga spent $285M, or 51.3% of GDP.

Debt-to-GDP ratio is 128.4% in Senegal and 37% in Tonga, ranking 11/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Senegal

Tonga
1x
Year Deficit/surplus, % of GDP
Senegal Tonga
2024 -13.4% 4.17%
2023 -14.8% 6.14%
2022 -16.1% -0.1%
2021 -13.7% -0.87%
2020 -9.64% 5.25%
2019 -13.9% 3.28%
2018 -3.66% 2.92%
2017 -2.97% 3.58%
2016 -3.27% 1.47%
2015 -3.66% -2.75%
2014 -3.9% 6.38%
2013 -4.34% -1.3%
2012 -4.18% -1.74%
2011 -4.92% -6.02%
2010 -3.94% -1.22%
2009 -3.66% 6.85%
2008 -3.53% 2.14%
2007 -2.8% 5.39%
2006 -3.67% 1.34%
2005 -0.26% 4.23%
2004 0.18% 4.23%
2003 -0.52% 2.37%
2002 0.19% 2.59%
2001 -1.44% 2.23%
2000 0.78% 1.35%
1999 -0.62% 1.55%
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/senegal/tonga | CC BY

In 2023, Senegal's government deficit, the difference between spending and revenue, was $4.53B, equivalent to 14.8% of GDP. This compares to Tonga's surplus of $36.3M, or 6.14% of GDP.

Over the past 25 years, Senegal recorded a fiscal deficit in 22 of those years, while Tonga ran a deficit in 7 years. On average, Senegal posted an annual deficit equal to 4.73% of GDP, compared to surplus of 1.97% of GDP for Tonga.

Inflation comparison by year

Inflation
Senegal

Tonga
1x
Year Consumer prices inflation
Senegal Tonga
2024 0.8% 3.18%
2023 5.94% 6.35%
2022 9.7% 11%
2021 2.18% 5.64%
2020 2.54% -0.35%
2019 1.76% 1.18%
2018 0.46% 5.03%
2017 1.32% 7.52%
2016 0.84% 2.58%
2015 0.14% -1.05%
2014 -1.09% 2.51%
2013 0.71% 0.78%
2012 1.42% 1.15%
2011 3.4% 6.27%
2010 1.23% 3.53%
2009 -2.25% 1.43%
2008 7.35% 10.4%
2007 5.85% 5.84%
2006 2.11% 6.15%
2005 1.71% 8.67%
2004 0.51% 11%
2003 -0.05% 11.6%
2002 2.34% 10.4%
2001 2.97% 8.29%
2000 0.73% 6.33%
1999 0.83% 4.46%
1998 1.16% 3.27%
1997 1.75% 2.12%

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

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

Over the past 28 years, Senegal has recorded an average annual inflation rate of 2.01%, compared with 5.19% in Tonga. In 2024, inflation was 0.8% in Senegal and 3.18% in Tonga.

Top exports between countries

Senegal
Export category Export value
Machinery & equipment $25K
Animal & marine products $24K
Wood & paper products $1K
Tonga
Export category Export value

Balance of trade

Senegal Tonga
Current account balance
-$6.07B
2023
-$43.5M
2024
Current account balance ranking
170/190
2023
83/190
2024
Current account balance, % of GDP
-19.8%
2023
-7.93%
2023
Goods imports
$10.8B
2023
$232M
2024
Goods exports
$5.52B
2023
$10.8M
2024
Service imports
$4.08B
2023
$161M
2024
Service exports
$1.48B
2023
$93.6M
2024
Imports of goods and services, % of GDP
43.4%
2024
64.9%
2023
Exports of goods and services, % of GDP
24.7%
2024
14.7%
2023

Economic freedom indices

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

Senegal Tonga
Economic freedom 53.2 58.9
Economic freedom ranking 140/197 107/197
Property rights 57.4 71.1
Government integrity 47.3 45.1
Judicial effectiveness 50.5 64.9
Tax burden 68.8 85.6
Government spending 63.1 31
Fiscal health 0 97.3
Business freedom 55.2 59.2
Labor freedom 54.4 55.9
Monetary freedom 74.3 61
Trade freedom 67 75.4
Investment freedom 60 40
Financial freedom 40 20

Economic freedom comparison by year

Senegal
Tonga
1x
Year Economic freedom index
Senegal Tonga
2026 53.2 58.9
2025 56.4 58.5
2024 55.4 59.2
2023 57.7 60
2022 60 60.8
2021 58 57.5
2020 58 58.8
2019 56.3 57.7
2018 55.7 63.1
2017 55.9 63
2016 58.1 59.6
2015 57.8 59.3
2014 55.4 58.2
2013 55.5 56
2012 55.4 57
2011 55.7 55.8
2010 54.6 53.4
2009 56.3 54.1
2008 58.3 -
2007 58.1 -
2006 56.2 -
2005 57.9 -
2004 58.9 -
2003 58.1 -
2002 58.6 -
2001 58.7 -
2000 58.9 -
1999 60.6 -
1998 59.7 -
1997 58.1 -
1996 58.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Senegal is 53.2, ranking 140/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Senegal Tonga
Services, % of GDP
48.4%
2024
50%
2023
Industry, % of GDP
25%
2024
14.9%
2023
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
19%
2023
GNI, Atlas method
$31.1B
2024
$619M
2023
GNI per capita, PPP
$4,920
2024
$8,400
2023
Total reserves including gold n/a
$377M
2024
Total reserves ranking n/a
163/177
2024
Net foreign direct investment
-$4.72B
2023
$13.3M
2024
Net inflows of foreign direct investment
$2.02B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$48.1M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
10.8%
2024
2.76%
2023
Poverty at national poverty lines
37.5%
2021
20.6%
2021
Gross capital formation, % of GDP
37.5%
2024
25.9%
2023

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/senegal/tonga | 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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (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.