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HarryMoore Offline

Beiträge: 6

14.10.2022 16:21
Economy of Senegal Antworten

The country's currency is the West African CFA franc. The symbol used for this currency is Fr and is abbreviated as XOF. 4.8% of the country's population is unemployed. The total number of unemployed in Senegal is 782,125. Senegal exports about US$2.69 billion and imports about US$5.61 billion each year. The country's Gini index is 40.3. Senegal has a Human Development Index (HDI) of 0.485. The Global Peace Index (GPI) for Senegal is 1.805. Senegal has a public debt of 33.6% of the country's gross domestic product (GDP) as estimated in 2012. Senegal is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The country's main industries are agriculture and fish processing, phosphate mining, fertilizer manufacturing, petroleum refining, zirconium and gold mining, building materials, ship building and repair.

The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Senegal is US$34,201 billion. Every year, consumers spend around $10,032 million. The ratio of consumer spending to GDP in Senegal is 0% and the ratio of consumer spending to world consumer market is 0.0289. Corporate tax in Senegal is 25%. Personal income tax ranges from 0% to 50% depending on your specific situation and income level. Value added tax in Senegal is 20%. In 2013, Senegal received US$1080.1 million in foreign aid. In 2014, foreign aid amounted to USD 1060.

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