Senegal, Guyana, and Bermuda report economic growth

Several economies are reporting growth driven by specific industrial sectors.

In Senegal, economic growth reached 6.5% in 2025, up from 6.3% in 2024. According to the ANSD, this increase was primarily driven by the hydrocarbons sector, following the first full year of crude oil exploitation at the Sangomar field and the start of gas production via the Grand Tortue Ah-meyim (GTA) project. The secondary sector saw a 15.9% increase, fueled by extractive activities and oil refining, while the primary sector grew by 5.5% due to gains in agriculture and livestock.

Guyana's economy grew by an estimated 33.3% in the first half of 2026. President Irfaan Ali attributed this surge to the expansion of the oil and gas sector, which grew by 41.3%, and the mining sector, which expanded by 40.7%. The non-oil economy also grew by approximately 10.1%. Consequently, the government has raised its full-year real GDP growth forecast to 20.8%.

Bermuda recorded an estimated 0.5% growth in the first quarter of 2026. This expansion was supported by increased household spending and activity in the construction sector. Real GDP increased by 2.3% at current prices, with household spending rising by 2.6% year-on-year. Tourism also showed improvement, with visitor spending increasing to 55.3 million dollars compared to 48.5 million dollars in the same period the previous year.