A 2014 Senegal Social Accounting Matrix: A Detailed Segmentation of the Skills Market

The purpose of this article is to carry out a descriptive analysis of the Senegalese economy, in particular the skills market.The SAM from the 2014 national accounts provides a consistent accounting framework for the analysis of strategic options for employment and economic growth in Senegal. The composite labor includes ten socio-professional categories, which are disaggregated into sixteen subcategories each. This results in a disaggregation of 160 types of labor according to the educational levels and training of individuals. The institutional unit is subdivided into four units: households, firms, government and the rest of the world. Households are distinguished according to ten deciles of consumption. The branches and products were aggregated according to the nomenclature to finally obtain 37 branches of production and 37 products. The SAM’s results show that market services contribute 44% to the Gross Added Value (GVA) formation. Besides the capital factor that receives the largest share (61%), unskilled labour receives 25% of GVA and skilled labour receives only 14%. Therefore, future research is encouraged to use the CGE models. The paper includes implications on the nature and skills needs of the different sectors of the Senegalese economy