WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO

Diplomatic representation in the US: chief of mission: Ambassador
Mamadou Mansour SECK

chancery: 2112 Wyoming Avenue NW, Washington, DC 20008

telephone: [1] (202) 234-0540

Diplomatic representation from the US: chief of mission: Ambassador
Harriet L. ELAM-THOMAS

embassy: Avenue Jean XXIII at the corner of Rue Kleber, Dakar

mailing address: B. P. 49, Dakar

telephone: [221] 823-4296, 823-7384

FAX: [221] 822-2991

Flag description: 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

Economy - overview: In January 1994, Senegal undertook a bold and
ambitious economic reform program with the support of the
international donor community. This reform began with a 50%
devaluation of Senegal's currency, the CFA franc, which is linked at
a fixed rate to the French franc. Government price controls and
subsidies have been steadily dismantled. After seeing its economy
contract by 2.1% in 1993, Senegal made an important turnaround,
thanks to the reform program, with real growth in GDP averaging 5%
annually in 1995-99. Annual inflation has been pushed down to 2%,
and the fiscal deficit has been cut to less than 1.5% of GDP.
Investment rose steadily from 13.8% of GDP in 1993 to 16.5% in 1997.
As a member of the West African Economic and Monetary Union (UEMOA),
Senegal is working toward greater regional integration with a
unified external tariff. Senegal also realized full Internet
connectivity in 1996, creating a miniboom in information
technology-based services. Private activity now accounts for 82% of
GDP. On the negative side, Senegal faces deep-seated urban problems
of chronic unemployment, juvenile delinquency, and drug addiction.
Real GDP growth is expected to rise above 6%, while inflation is
likely to hold at 2% in 2001-02.

GDP: purchasing power parity - $16 billion (2000 est.)

GDP - real growth rate: 5.7% (2000 est.)

GDP - per capita: purchasing power parity - $1,600 (2000 est.)

GDP - composition by sector: agriculture: 19%

industry: 20%

services: 61% (1997 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%:
1.4%

highest 10%: 42.8% (1991)

Inflation rate (consumer prices): 1.5% (2000 est.)

Labor force: NA

Labor force - by