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Economy of Senegal vs Uganda compared: GDP & Debt

Updated on by Georank

Senegal has a GDP of $37B compared to $62B for Uganda, ranking 107/197 and 89/197 by economy size, respectively.

Senegal has $48.2B in government debt (130.2% of GDP), compared to $33.6B (54.2% of GDP) in Uganda.

Senegal vs Uganda GDP by year

Senegal
Uganda
1x
Year GDP, current $
Senegal Uganda
2025 $37,006,536,238 $61,985,829,288
2024 $32,169,996,052 $53,911,907,079
2023 $30,696,331,296 $48,768,955,863
2022 $27,783,332,223 $45,565,333,211
2021 $27,520,784,130 $40,529,788,749
2020 $24,530,513,038 $37,600,368,242
2019 $23,403,995,992 $35,353,061,003
2018 $23,116,701,556 $32,927,025,620
2017 $20,965,069,573 $30,744,473,841
2016 $19,040,312,333 $29,203,988,696
2015 $17,774,766,696 $32,387,183,730
2014 $19,797,253,440 $32,612,397,257
2013 $18,918,667,725 $28,915,786,517
2012 $17,660,870,412 $27,305,915,911
2011 $17,814,283,639 $27,871,725,241
2010 $16,121,315,909 $26,673,441,431
2009 $16,145,867,495 $25,127,805,567
2008 $16,853,989,628 $14,440,404,132
2007 $13,994,218,413 $11,902,564,495
2006 $11,697,918,243 $9,977,647,683
2005 $11,009,033,438 $9,239,221,763
2004 $10,076,816,667 $7,939,487,548
2003 $8,768,721,563 $6,606,884,275
2002 $7,006,402,320 $6,178,563,591
2001 $6,507,824,829 $5,840,503,869
2000 $6,013,185,004 $6,193,246,837
1999 $6,592,834,933 $5,998,563,258
1998 $6,505,607,909 $6,584,815,847
1997 $6,041,478,726 $6,269,333,313
1996 $6,559,712,166 $6,044,585,327
1995 $6,326,342,633 $5,755,818,842
1994 $5,034,588,196 $3,990,430,447
1993 $7,367,986,241 $3,220,439,044
1992 $7,769,817,840 $2,857,457,762
1991 $7,255,210,470 $3,321,729,160
1990 $7,390,967,360 $4,304,399,310
1989 $6,366,039,373 $5,276,480,799
1988 $6,418,419,389 $6,508,931,652
1987 $6,487,353,103 $6,269,522,042
1986 $5,392,093,446 $3,923,244,050
1985 $3,818,944,918 $3,519,695,444
1984 $3,485,165,432 $3,615,647,477
1983 $3,569,356,125 $2,240,333,333
1982 $4,013,951,443 $2,177,500,000
1981 $4,095,892,781 $1,337,300,000
1980 $4,510,108,291 $1,244,610,000
1979 $4,084,877,823 $2,139,025,000
1978 $3,280,354,921 $2,420,260,870
1977 $2,938,046,463 $2,936,470,588
1976 $2,869,777,884 $2,447,300,000
1975 $2,830,388,405 $2,359,555,556
1974 $2,099,325,229 $2,098,944,967
1973 $1,863,398,590 $1,701,829,789
1972 $1,620,857,104 $1,490,970,181
1971 $1,339,549,033 $1,417,191,656
1970 $1,297,407,655 $1,259,554,809
1969 $1,245,234,931 $1,168,556,629
1968 $1,309,384,862 $1,037,379,252
1967 $1,246,480,766 $967,240,655
1966 $1,246,908,186 $925,381,492
1965 $1,210,058,228 $884,502,310
1964 $1,188,930,645 $589,247,687
1963 $1,122,139,862 $516,315,231
1962 $1,085,475,791 $449,158,233
1961 $1,058,975,257 $441,667,335
1960 $1,003,692,370 $423,145,605

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Senegal vs Uganda by year

Senegal
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Senegal Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,955 - $1,206 -
2024 $1,739 $5,071 $1,078 $3,273
2023 $1,698 $4,778 $1,002 $3,098
2022 $1,574 $4,530 $963 $2,919
2021 $1,598 $4,174 $883 $2,685
2020 $1,461 $3,753 $846 $2,532
2019 $1,431 $3,648 $822 $2,441
2018 $1,453 $3,380 $792 $2,312
2017 $1,355 $3,234 $765 $2,158
2016 $1,266 $3,101 $753 $2,165
2015 $1,218 $2,994 $863 $2,190
2014 $1,399 $2,854 $896 $2,134
2013 $1,380 $2,769 $818 $2,045
2012 $1,327 $2,764 $795 $2,032
2011 $1,375 $2,685 $836 $2,268
2010 $1,276 $2,663 $823 $2,092
2009 $1,309 $2,606 $799 $2,015
2008 $1,399 $2,581 $473 $1,931
2007 $1,189 $2,499 $401 $1,795
2006 $1,017 $2,422 $347 $1,660
2005 $980 $2,350 $330 $1,497
2004 $918 $2,236 $292.4 $1,405
2003 $818 $2,131 $250.7 $1,320
2002 $669 $2,027 $242 $1,255
2001 $637 $2,044 $236 $1,173
2000 $603 $1,963 $258.1 $1,124
1999 $678 $1,893 $257.9 $1,100
1998 $685 $1,798 $292.5 $1,037
1997 $651 $1,719 $286.8 $1,007
1996 $723 $1,679 $284.7 $969
1995 $715 $1,656 $278.5 $897
1994 $584 $1,578 $198.4 $809
1993 $878 $1,588 $165.6 $770
1992 $951 $1,573 $152.1 $719
1991 $913 $1,561 $183 $703
1990 $957 $1,513 $245 $666
1989 $849 - $310 -
1988 $880 - $395 -
1987 $916 - $393 -
1986 $784 - $253.6 -
1985 $571 - $234.3 -
1984 $536 - $247.5 -
1983 $564 - $157.5 -
1982 $652 - $157 -
1981 $683 - $98.6 -
1980 $772 - $93.8 -
1979 $716 - $164.5 -
1978 $589 - $190.7 -
1977 $540 - $237.6 -
1976 $541 - $203.3 -
1975 $547 - $201.2 -
1974 $417 - $183.7 -
1973 $381 - $152.7 -
1972 $342 - $137 -
1971 $291.1 - $133.5 -
1970 $290.5 - $122 -
1969 $287.3 - $116.7 -
1968 $311 - $106.9 -
1967 $305 - $102.8 -
1966 $315 - $101.4 -
1965 $314 - $100 -
1964 $318 - $68.6 -
1963 $309 - $62 -
1962 $307 - $55.5 -
1961 $308 - $56.2 -
1960 $300 - $55.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Senegal's GDP per capita is $1,955, ranking 160/197, compared to $1,206 in Uganda, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Senegal ranks 158th at $5,071, while Uganda ranks 176th at $3,273.

Economic indicators

Senegal Uganda
Gross domestic product
$37B
2025
$62B
2025
GDP rank
107/197
2025
89/197
2025
GDP growth
6.68%
2024-2025
6.33%
2024-2025
GDP per capita
$1,955
2025
$1,206
2025
GDP per capita rank
160/197
2025
173/197
2025
GDP per capita, PPP
$5,071
2024
$3,273
2024
GDP per capita PPP rank
158/197
2024
176/197
2024
Government debt
$48.2B
2025
$33.6B
2025
Debt-to-GDP ratio
130.2%
2025
54.2%
2025
Government debt per person
$2,544
2025
$654
2025
Government debt per person rank
112/185
2025
157/185
2025
Average annual personal income after taxes
$1,979
2026
$1,595
2026
Income share by richest 10%
28.8%
2021
34.5%
2019
Income share by poorest 10%
3%
2021
2.4%
2019
Government expenditure, % of GDP
29.2%
2025
22.2%
2025
Consumer prices inflation
1.46%
2024-2025
3.6%
2024-2025
Central bank interest rate n/a
9.75%
2024
Unemployment rate
5.78%
2024
3.42%
2021
Population
19596169
53495325

Spending and national debt comparison by year

Senegal
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Senegal Uganda
Government spending Government debt Government spending Government debt
2025 29.2% 130.2% 22.2% 54.2%
2024 33.5% 132.4% 18.4% 51.8%
2023 35.5% 118.4% 19.3% 50.4%
2022 36.1% 104.7% 19.5% 49.9%
2021 33.7% 98.7% 22% 50.3%
2020 29.6% 90.1% 21.4% 46.8%
2019 34.3% 81.5% 18.3% 38%
2018 22.6% 61.5% 16.2% 35%
2017 22.5% 61.1% 16.3% 33.6%
2016 24% 47.5% 15.2% 31.3%
2015 22.9% 44.5% 14.9% 28%
2014 23.1% 42.4% 13.6% 24.8%
2013 22.1% 36.9% 13.3% 22.1%
2012 23% 34.5% 13.1% 19.5%
2011 23.3% 32.9% 13.2% 18%
2010 21.7% 34.6% 15.4% 18.4%
2009 21.1% 29.9% 11.8% 14.8%
2008 20.9% 19.1% 12.9% 15.7%
2007 22.2% 19% 13.2% 17%
2006 21.3% 17.5% 13.7% 27.8%
2005 18.7% 36.1% 14.5% 42.6%
2004 18.1% 38% 15.6% 49%
2003 17.1% 42.9% 16.5% 55.1%
2002 15.5% 52% 16.8% 54.7%
2001 15.7% 53.2% 16.2% 51.4%
2000 14% 57.5% 15.2% 48.5%
1999 14.6% 15% 14.7% 47.7%
1998 13.5% 18.8% 14% 45.1%
1997 14.1% 67.8% 13.9% 44.2%
1996 15.4% 0.07% - -
1995 14.4% 65.3% - -
1994 15.9% 77.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-07-08).

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

In 2025, Senegal's government spending was $10.8B, accounting for 29.2% of its GDP, while Uganda spent $13.8B, or 22.2% of GDP.

Debt-to-GDP ratio is 130.2% in Senegal and 54.2% in Uganda, ranking 10/185 and 93/185, respectively.

Government deficit by year

Deficit/surplus
Senegal

Uganda
1x
Year Deficit/surplus, % of GDP
Senegal Uganda
2025 -7.9% -7.13%
2024 -13.4% -3.93%
2023 -14.8% -4.87%
2022 -16.1% -5.44%
2021 -13.7% -7.76%
2020 -9.62% -7.76%
2019 -13.9% -4.82%
2018 -3.66% -3.02%
2017 -2.97% -3.83%
2016 -3.27% -2.64%
2015 -3.66% -2.59%
2014 -3.9% -2.74%
2013 -4.34% -3.19%
2012 -4.18% -2.39%
2011 -4.92% -2.04%
2010 -3.94% -4.64%
2009 -3.66% -1.61%
2008 -3.53% -1.99%
2007 -2.8% -0.82%
2006 -3.67% -0.64%
2005 -0.26% -0.17%
2004 0.18% 0.34%
2003 -0.52% -0.97%
2002 0.19% -2.07%
2001 -1.44% -0.99%
2000 0.78% -0.62%
1999 -0.62% -1.24%
1998 0.93% -0.7%
1997 0.98% -0.83%
1996 0.92% -
1995 2.41% -
1994 5.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08).

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

In 2025, Senegal's government deficit, the difference between spending and revenue, was $2.92B, equivalent to 7.9% of GDP. This compares to Uganda's deficit of $4.42B, or 7.13% of GDP.

Over the past 29 years, Senegal recorded a fiscal deficit in 24 of those years, while Uganda ran a deficit in 28 years. On average, Senegal posted an annual deficit equal to 4.75% of GDP, compared to deficit of 2.8% of GDP for Uganda.

Inflation comparison by year

Inflation
Senegal

Uganda
1x
Year Consumer prices inflation
Senegal Uganda
2025 1.46% 3.6%
2024 0.8% 3.3%
2023 5.94% 5.4%
2022 9.7% 7.2%
2021 2.18% 2.2%
2020 2.54% 2.8%
2019 1.76% 2.1%
2018 0.46% 2.5%
2017 1.32% 5.6%
2016 0.84% 5.2%
2015 0.14% 3.7%
2014 -1.09% 4.3%
2013 0.71% 5.5%
2012 1.42% 14%
2011 3.4% 18.7%
2010 1.23% 4%
2009 -2.25% 13%
2008 7.35% 12%
2007 5.85% 6.1%
2006 2.11% 7.2%
2005 1.71% 8.6%
2004 0.51% 3.7%
2003 -0.05% 8.7%
2002 2.34% -0.3%
2001 2.97% 1.9%
2000 0.73% 3.4%
1999 0.83% 5.8%
1998 1.16% 5.8%
1997 1.75% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Senegal has recorded an average annual inflation rate of 1.99%, compared with 5.99% in Uganda. In 2025, inflation was 1.46% in Senegal and 3.6% in Uganda.

Top exports between countries

Senegal
Export category Export value
Chemicals & pharma $1.03M
Machinery & equipment $331K
Textiles & consumer goods $50K
Raw materials & minerals $25K
Metals $16K
Animal & marine products $12K
Raw agricultural goods $5K
Wood & paper products $5K
Precious metals & jewellery $2K
Processed food, beverages & tobacco $1K
Uganda
Export category Export value
Raw agricultural goods $524K
Processed food, beverages & tobacco $343K
Machinery & equipment $45K
Chemicals & pharma $28K
Metals $9K
Textiles & consumer goods $7K
Raw materials & minerals $1K

Balance of trade

Senegal Uganda
Current account balance
-$6.07B
2023
-$4.19B
2024
Current account balance ranking
168/190
2023
160/190
2024
Current account balance, % of GDP
-19.8%
2023
-7.78%
2024
Goods imports
$10.8B
2023
$11.7B
2024
Goods exports
$5.52B
2023
$8.67B
2024
Service imports
$4.08B
2023
$4.45B
2024
Service exports
$1.48B
2023
$2.56B
2024
Imports of goods and services, % of GDP
38.6%
2025
28.8%
2025
Exports of goods and services, % of GDP
32.5%
2025
21.4%
2025

Economic freedom indices

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

Senegal Uganda
Economic freedom 53.2 52.4
Economic freedom ranking 140/197 149/197
Property rights 57.4 42.2
Government integrity 47.3 25.1
Judicial effectiveness 50.5 29.4
Tax burden 68.8 73.4
Government spending 63.1 89
Fiscal health 0 58.3
Business freedom 55.2 50.2
Labor freedom 54.4 55.9
Monetary freedom 74.3 77.1
Trade freedom 67 58
Investment freedom 60 30
Financial freedom 40 40

Economic freedom comparison by year

Senegal
Uganda
1x
Year Economic freedom index
Senegal Uganda
2026 53.2 52.4
2025 56.4 51.3
2024 55.4 50.7
2023 57.7 51.4
2022 60 54.2
2021 58 58.6
2020 58 59.5
2019 56.3 59.7
2018 55.7 62
2017 55.9 60.9
2016 58.1 59.3
2015 57.8 59.7
2014 55.4 59.9
2013 55.5 61.1
2012 55.4 61.9
2011 55.7 61.7
2010 54.6 62.2
2009 56.3 63.5
2008 58.3 63.8
2007 58.1 63.1
2006 56.2 63.9
2005 57.9 62.9
2004 58.9 64.1
2003 58.1 60.1
2002 58.6 61
2001 58.7 60.4
2000 58.9 58.2
1999 60.6 64.8
1998 59.7 64.7
1997 58.1 66.6
1996 58.2 66.2
1995 - 62.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Senegal is 53.2, ranking 140/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Senegal Uganda
Services, % of GDP
46.3%
2025
42.1%
2025
Industry, % of GDP
26.1%
2025
24.3%
2025
Agriculture, forestry, and fishing, % of GDP
17.1%
2025
26.1%
2025
GNI, Atlas method
$33.6B
2025
$57.8B
2025
GNI per capita, PPP
$5,100
2025
$3,410
2025
Total reserves including gold n/a
$3.48B
2024
Total reserves ranking n/a
116/177
2024
Net foreign direct investment
-$4.72B
2023
-$3.26B
2024
Net inflows of foreign direct investment
$2.02B
2024
$3.26B
2024
Net outflows of foreign direct investment
$48.1M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
2.97%
2024
Poverty at national poverty lines
37.5%
2021
16.1%
2023
Gross capital formation, % of GDP
26.9%
2025
22.6%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1994–1995, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.