Estimating the First Demographic Dividend in Senegal: The National Transfers Account Approach

Abstract

Aim: To estimate the first demographic dividend in Senegal and discuss the conditions to enjoy it. Study Design: Cross-sectional study. Place and Duration of Study: Dakar. Methodology: We implemented the national transfers account (NTA) system that allow estimating what each individual gets at each age of the lifecycle. The calculations are based on two mains surveys conducted in Senegal several years ago, namely the “Enquête de Suivi de la Pauvreté au Senegal” (ESPS-2005) and the “Enquête 1-2-3”. Results: We came with estimations of individual needs for consumption and labor income, first demographic dividend as a contribution in income growth and our calculations indicate that Senegal is in a period of enjoying its first demographic dividend. Conclusion: In order to take advantage from the population structural change due to demographic transition, Government has to implement structural reform aiming at improving worker’s productivity and creating more job opportunities.