Senegal's central government and public enterprise debt stood at 27.13tn FCFA (€41bn) at the end of 2025, equivalent to 105.3% of revised GDP of 25.77tn FCFA (€39bn), according to figures presented at an October 6 meeting with external creditors and reported by Seneweb. External debt accounted for 18.39tn FCFA (€28bn), or 71.4% of GDP. A staff-level agreement reached with the International Monetary Fund on September 1 for a $2.2bn Extended Credit Facility remains subject to approval by the IMF's Executive Board.
Analysis: Before the upward revision to GDP, estimated at around 20%, Senegal's debt burden would have stood at 124%–126% of economic output. The revision reduces the debt-to-GDP ratio without changing the amount owed. External creditors account for roughly two-thirds of total debt, with the remaining 8.74tn FCFA (€13bn) not necessarily all denominated in CFA francs. Agreements in principle with creditors could be reached in December, according to a source cited by Le Soleil, while the IMF has yet to set a date for its Executive Board to consider the proposed lending program.
Source: Ministry of Finance and Budget, presentation to external creditors, 6 Oct 2026 (via Seneweb); IMF press release 26/282, 1 Sep 2026