Senegal’s public debt statistics cover external and domestic debt issued by the central government (including debt guaranteed by the government). External debt is defined as debt borrowed or serviced in a currency other than the CFA franc, regardless of the residency of the creditor. The baseline DSA incorporates remittances, as they represent a significant share of GDP (12.1 percent over 2013-2015) and exports of goods (61 percent over 2013-2015). Senegal’s policy performance is ranked “strong” by the CPIA with a score of 3.8.
For a more detailed discussion, see the Staff Report and the Selected Issues paper entitled “Enabling Private Sector-Led Growth.”