The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
In Senegal, average annual real GDP growth has been more than 5 percent since 1995, with inflation well below 3 percent. Senegal's economic performance has been broadly satisfactory in 2000 and during the first quarter of 2001. Yet, despite this economic performance, poverty is still prevalent. According to the household survey of 1995 Enquête Sénégalaise Auprès des Ménages (ESAM), 65 percent of the population is below the poverty line. The human development index of the United Nations Development Program (UNDP) ranks Senegal 154th out of 174 countries.