1. Senegal Economy
Thomas Cook

2. General Facts Capital: Dakar Currency: West African CFA franc
President: Macky Sall
Language: French
Government: Semi-presidential system, Republic
Population: 12,767,556 (2011)

3. History
Gained independence August 20th , 1960 after 300 years of French rule
The first President was President Senghor
They adopted a new
Constitution in March
1963 and revised it in
1991

4. Government
Has had one of Africa’s most stable governments since their independence
Has kept close economic, political, and cultural ties to France
One threat of instability occurred when former President Wade attempted to run for a third term

5. Religious
Senegal is known as the black country because it is over 90% Islamic.
It has been said that Senegal has played an important role in communicating between the Islamic people and the rest of Africa

6. Video http://www.youtube.com/watch?v=gMJOULPUuHo
This video was released before the 2012 elections which relieved President Wade from power and President Sall took over

7. Economics GDP: $25.47 Billion
With an average income of $1,040 per person per year
Inflation rate: 5.4%
Unemployment is at 48%

8. Economics Labor force: 4.8 million people
Population below poverty line: 43%
The average wage per day of the working person is $4-$5 which is really unbelievable

9. Economics Agriculture is roughly 25% of the Economy this consists of :
peanuts,
millet,
corn,
rice,
cotton,
tomatoes,
green vegetables;
cattle,
poultry,
pigs;
fish

10. Imports and Exports
Major trading partners are China, India, Mali, France, Italy, Netherlands, UK, and Nigeria
Imports: $5.319 Billion of foods and beverages, fuels, and capital goods
Exports: $2.413 Billion of fish, peanuts, petroleum products, phosphates, and cotton

11. Economics
Fishing has replaced groundnuts (peanuts) as the number one export
Even though Senegal’s economy is ranked 116th in the world they have seen a steady increase every year to a more suitable living conditions

12. Sources http://www.nationmaster.com/country/sg-senegal/eco-economy