Unlock deeper multi-jurisdiction research

Full sub-pages, saves, and alerts are available on paid plans.

See plans

Senegal flag Senegal Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Senegal, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
29.7
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Average time to clear exports through customs (days)
5.5
2024 · Average number of days to clear direct exports through customs.
Time to obtain an electrical connection (days)
10.6
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Firms visited or required meetings with tax officials (% of firms)
34.5
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
New business density (new registrations per 1,000 people ages 15-64)
1.3
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
45.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Merchandise trade (% of GDP)
56.4504179997974
2024 · World Bank
Value lost due to electrical outages (% of sales for affected firms)
0
2024 · World Bank
Firms using banks to finance working capital (% of firms)
19.32498169
2024 · World Bank
Firms visited or required meetings with tax officials (% of firms)
34.5189476
2024 · World Bank
Merchandise exports (current US$)
6408000000
2024 · World Bank
Firms offering formal training (% of firms)
20.92705727
2024 · World Bank
Time spent dealing with the requirements of government regulations (% of senior management time)
12.04950619
2024 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
0.9976861477
2024 · World Bank
Number of visits or required meetings with tax officials (average for affected firms)
1.583942652
2024 · World Bank
Firms using banks to finance investment (% of firms)
34.65287018
2024 · World Bank
Average time to clear exports through customs (days)
5.477538586
2024 · World Bank
Time to obtain an electrical connection (days)
10.59490299
2024 · World Bank
Firms expected to give gifts in meetings with tax officials (% of firms)
0.3815813363
2024 · World Bank
Average time to clear imports through customs (days)
8.538014412
2024 · World Bank
Firms with female top manager (% of firms)
15.77882671
2024 · World Bank
Informal payments to public officials (% of firms)
7.040329933
2024 · World Bank
Domestic credit to private sector (% of GDP)
29.7220619976041
2024 · World Bank
Firms experiencing electrical outages (% of firms)
55.03804779
2024 · World Bank
Domestic credit to private sector by banks (% of GDP)
29.6945203136728
2024 · World Bank
Firms formally registered when operations started (% of firms)
90.45124054
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

Subscribe to unlock the full sub-page depth for additional jurisdictions.

You can keep discovering Oyster publicly, but full multi-jurisdiction depth, tracking, alerts, and exports are part of paid access.