Senegal’s Economy Expands by 3.1% in Second Quarter of 2026

Senegal’s economy grew 3.1% year-on-year in the second quarter of 2026, easing from 4.3% in the first quarter, the National Agency for Statistics and Demography said.

Services led the expansion, rising 6.0%. Industry grew 5.1% and the primary sector 1.5%. Net taxes on products jumped 18.1%. Stripping out hydrocarbons, growth was stronger: non-oil GDP rose 6.4%.

On the demand side, investment did most of the work. Gross fixed capital formation increased 8.0% and final consumption 5.5%. Trade pulled in the other direction—exports of goods and services fell 2.7% while imports rose 4.8%.

Quarter on quarter, seasonally adjusted output was almost flat, up just 0.1%. The figures come as West African governments try to rein in deficits without choking off growth.

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