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EIU Senegal

Overview

Following his re-election in February, Abdoulaye Wade is expected to remain in power over the forecast period, although tensions could arise within the ruling Parti democratique senegalais (PDS) over Mr Wade's succession. Given its parliamentary majority, the PDS-dominated government will be in a strong position to continue its donor-supported economic reform programme and the implementation of large infrastructure projects. However, Mr Wade and the goverment will also have to address persistent difficulties at the country's largest state-owned companies, which are hampering economic performance. Real GDP growth is expected to rise to 4.8% in 2008 and 5% in 2009, driven by stronger growth in phosphates, construction and services.

Key Reports Available for Senegal
  • Country Report
  • Country Profile
  • Country Risk Service
  • Basic Data

    Total area
    197,161 sq km
    Population
    12.4m (mid-2007; IMF estimate)
    Main towns
    Population in '000 (World Gazetteer estimates)
    Dakar (capital): 2,462
    Thies: 262
    Kaolack: 179
    Saint-Louis: 164
    Climate
    Tropical
    Weather in Dakar (altitude 40 metres)
    Hottest months, September-October, 24-32°C; coldest month, January, 18-26°C; driest months, April-May, 1 mm average rainfall; wettest month, August, 254 mm average rainfall
    Languages
    French, Wolof, other local languages
    Measures
    Metric system
    Currency
    CFA franc (CFAfr), fixed to the euro, backed by a guarantee from the Banque de France. It was devalued from CFAfr50:FFr1 to CFAfr100:FFr1 in 1994, then converted at par when France adopted the euro in 1999 to trade at CFAfr655.96:€1. Average exchange rate in 2007: CFAfr479.27:US$1; exchange rate on October 28th 2008: CFAfr443.67:US$1
    Time
    GMT
    Public holidays
    January 1st; April 4th (Independence Day); May 1st; Christian holidays of Christmas, All Saints' Day, Assumption and variable dates for Easter Monday and Ascension; Muslim holidays with variable dates for Mawlid al-Nabi, Eid al-Fitr (Korite), Eid al-Adha (Tabaski)
    SOURCE: Country Profile


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