10 Heavily Indebted Poor Countries

Page 6 of 10

5. Senegal

External Debt Stocks: $28.931 billion 

GNI Per Capita: $4100

Below $2.15 Poverty Rate: 39%

Composite Ranking: 5

Senegal boasts a more diversified economy than its neighbors, with fisheries, agriculture, and tourism as its key sectors. However, the high poverty rate and growing external debts hinder its progress. Furthermore, Senegal’s infrastructure is lacking, ranking 141st out of 167 countries on the Aggregate Logistics Performance Index.

Page 6 of 10