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The monthly minimum wage in Senegal is USD 67. Senegal has a public debt equivalent to 33.6% of the country's gross domestic product (GDP), estimated in 2012. In terms of consumer prices, Senegal's inflation rate is 0.8%. The currency of Senegal is the West African CFA Franc. The plural form of the word West African CFA franc is CFA francs. The symbol used for this currency is Fr and is abbreviated as XOF. The West African CFA franc is subdivided into centimes; there are 100 in a CFA franc. Every year, consumers spend around $10,032 million. The ratio of consumer spending to GDP in Senegal is 0.07%, and the ratio of consumer spending to world consumer market is 2.89%. 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.

Gross domestic product
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Senegal is US$34,201 billion. The gross domestic product (GDP) per capita calculated as purchasing power parity (PPP) in Senegal was last at $2,098,959. In an international comparison, PPP in Senegal is considered to be very good. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Senegal is 15.152 billion. Based on this statistic, Senegal is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in Senegal was last seen at $929,897. The average citizen in Senegal has very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Senegal averaged 4.5% in 2014. According to this percentage, Senegal is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.