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:Senegal Government

Flag:
three equal vertical bands of green (hoist side), yellow, and red with a
small green five-pointed star centered in the yellow band; uses the popular
pan-African colors of Ethiopia

:Senegal Economy

Overview:
The agricultural sector accounts for about 20% of GDP and provides
employment for about 75% of the labor force. About 40% of the total
cultivated land is used to grow peanuts, an important export crop. The
principal economic resource is fishing, which brought in about $200 million
or about 25% of total foreign exchange earnings in 1987. Mining is dominated
by the extraction of phosphate, but production has faltered because of
reduced worldwide demand for fertilizers in recent years. Over the past 10
years tourism has become increasingly important to the economy.
GDP:
exchange rate conversion - $5.0 billion, per capita $615; real growth rate
3.6% (1990)
Inflation rate (consumer prices):
2.0% (1990)
Unemployment rate:
3.5% (1987)
Budget:
revenues $921 million; expenditures $1,024 million; including capital
expenditures of $14 million (FY89 est.)
Exports:
$814 million (f.o.b., 1990 est.)
commodities:
manufactures 30%, fish products 27%, peanuts 11%, petroleum products 11%,
phosphates 10%
partners:
France, other EC members, Mali, Ivory Coast, India
Imports:
$1.05 billion (c.i.f., 1990 est.)
commodities:
semimanufactures 30%, food 27%, durable consumer goods 17%, petroleum 12%,
capital goods 14%
partners:
France, other EC, Ivory Coast, Nigeria, Algeria, China, Japan
External debt:
$2.9 billion (1990)
Industrial production:
growth rate 4.7% (1989); accounts for 15% of GDP
Electricity:
215,000 kW capacity; 760 million kWh produced, 100 kWh per capita (1991)
Industries:
agricultural and fish processing, phosphate mining, petroleum refining,
building materials
Agriculture:
including fishing, accounts for 20% of GDP and more than 75% of labor force;
major products - peanuts (cash crop), millet, corn, sorghum, rice, cotton,
tomatoes, green vegetables; estimated two-thirds self-sufficient in food;
fish catch of 299,000 metric tons in 1987
Economic aid:
US commitments, including Ex-Im (FY70-89), $551 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $5.23 b