Sierra Leone Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Sierra Leone economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Sierra Leone › Change country
National or Regional Currency: Leone, SLL
Year of data: 2010 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 5,363,669 (July 2011 est.)
Area: total: 71,740 sq km land: 71,620 sq km water: 120 sq km
Natural Resources: diamonds, titanium ore, bauxite, iron ore, gold, chromite
Capital: name: Freetown geographic coordinates: 8 30 N, 13 15 W time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Sierra Leone is an extremely poor country with tremendous inequality in distribution of income. While it possesses substantial mineral, agricultural, agrarian, fisheries and farming, and fishery resources, its physical and social infrastructure and facilities is not well developed, and major social disorders perpetuate to hamper economic progress. Alluvial diamond mining remains the main source of currency revenues.
More on the Sierra Leone Economy
More on the Sierra Leone Export, Import and Trade

Economic Indicator Listing
  For Sierra Leone in year 2010 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.95 %
GDP (Current Prices, National Currency)SLL 7,597.21 Billion.
GDP (Current Prices, US Dollars)US$ 1.905 Billion
GDP Deflator 230.662 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)SLL 563,190.25 .
GDP Per Capita (Current Prices, National Currency)SLL 1,299,068.34 .
GDP Per Capita (Current Prices, US Dollars)US$ 325.761
GDP (PPP), US DollarsUS$ 4.72 Billion
GDP Per Capita (PPP), US DollarsUS$ 807.133
GDP Share of World Total (PPP) 0.006 %
Implied PPP Conversion Rate 1,609.49
Investment (% of GDP) 18.263 %
Gross National Savings (% of GDP) 8.519 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 1,253.81 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 17.782 %
Inflation, End of Year (Indexed to Year 2000) 1,330.46 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 18.397 %
Import Volume of All Items Including Goods and Services (Percent Change) -4.825 %
Import Volumes of Goods Only (Percent Change) 2.268 %
Export Volume of All Items Including Goods and Services (Percent Change) -12.16 %
Export Volumes of Goods Only (Percent Change) 12.102 %
Value of Oil ImportsUS$ 0.151 Billions
Value of Oil ExportsUS$ 0 Billions
Population 5.848 Million
General government revenue (National Currency)SLL 1,551.17 Billions.
General government revenue (% of GDP) 20.418 %
General government total expenditure (National Currency)SLL 2,073.76 Billions.
General government total expenditure (% of GDP) 27.296 %
Total Government Net Lending/ Borrowing (National Currency)SLL -522.59 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -6.879 %
General Government Balance (National Currency)SLL -363.411 Billion.
General Government Balance (% of GDP) -4.783 %
Total Government Net Debt (National Currency)SLL 0 Billion.
Total Government Net Debt (% of GDP) 0 %
Total Government Gross Debt (National Currency)SLL 4,353.55 Billion.
Total Government Gross Debt (% of GDP) 57.305 %
Fiscal Year Gross Domestic Product, Current PricesSLL 7,597.21 Billions.
Current Account Balance (US Dollars)US$ -0.186 Billion
Current Account Balance (% GDP) -9.744 %
Economic Indicators for Sierra Leone 2010

GDP (Constant Prices, National Currency) for Sierra Leone in year 2010 is SLL 3,293.65 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Sierra Leone in year 2010 is 4.95 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Sierra Leone in year 2010 is SLL 7,597.21 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Sierra Leone in year 2010 is US$ 1.905 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Sierra Leone in year 2010 is 230.662 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Sierra Leone in year 2010 is SLL 563,190.25 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Sierra Leone in year 2010 is SLL 1,299,068.34 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Sierra Leone in year 2010 is US$ 325.761 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Sierra Leone in year 2010 is US$ 4.72 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Sierra Leone in year 2010 is US$ 807.133 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Sierra Leone in year 2010 is 0.006 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Sierra Leone in year 2010 is 1,609.49 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Sierra Leone in year 2010 is 18.263 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Sierra Leone in year 2010 is 8.519 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Sierra Leone in year 2010 is 1,253.81 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Sierra Leone in year 2010 is 17.782 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Sierra Leone in year 2010 is 1,330.46 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Sierra Leone in year 2010 is 18.397 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Sierra Leone in year 2010 is -4.825 %.

Import Volumes of Goods Only (Percent Change) for Sierra Leone in year 2010 is 2.268 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Sierra Leone in year 2010 is -12.16 %.

Export Volumes of Goods Only (Percent Change) for Sierra Leone in year 2010 is 12.102 %.

Value of Oil Imports for Sierra Leone in year 2010 is US$ 0.151 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Sierra Leone in year 2010 is US$ 0 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Population for Sierra Leone in year 2010 is 5.848 Million .

General government revenue (National Currency) for Sierra Leone in year 2010 is SLL 1,551.17 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Sierra Leone in year 2010 is 20.418 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Sierra Leone in year 2010 is SLL 2,073.76 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Sierra Leone in year 2010 is 27.296 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Sierra Leone in year 2010 is SLL -522.59 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Sierra Leone in year 2010 is -6.879 %.

General Government Balance (National Currency) for Sierra Leone in year 2010 is SLL -363.411 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Sierra Leone in year 2010 is -4.783 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Net Debt (National Currency) for Sierra Leone in year 2010 is SLL 0 Billion. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.

Total Government Net Debt (% of GDP) for Sierra Leone in year 2010 is 0 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (National Currency) for Sierra Leone in year 2010 is SLL 4,353.55 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Sierra Leone in year 2010 is 57.305 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Sierra Leone in year 2010 is SLL 7,597.21 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Sierra Leone in year 2010 is US$ -0.186 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Sierra Leone in year 2010 is -9.744 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Sierra Leone
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Sierra Leone
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Sierra Leone
  Natural Resources, Agricultural Products, Land Use and Water Use for Sierra Leone
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Sierra Leone
  Age Structure, Median Age, Gender and Urbanization for Sierra Leone
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Sierra Leone
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Sierra Leone
  HIV, AIDS and Other Major Infectious Disease Rates for Sierra Leone
  Nationality, Ethnic Groups, Languages and Religions for Sierra Leone
  Literacy Rate, Educational Expenditure and School Life Expectancy for Sierra Leone
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Sierra Leone
  Labor Force by Occupation for Sierra Leone
  Poverty Line, Gini Index, Household Income and Consumption for Sierra Leone
  National Budget and Public Debt for Sierra Leone
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Sierra Leone
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Sierra Leone
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Sierra Leone
  Industries and Industrial Growth Production Rate for Sierra Leone
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Sierra Leone
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Sierra Leone
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Sierra Leone
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Sierra Leone
  Foreign Exchange Reserves and Gold Reserves for Sierra Leone
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Sierra Leone
  Exchange Rate Statistics for Sierra Leone
  Television and Radio Statistics (TV Stats, Radio Stats) for Sierra Leone
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Sierra Leone
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Sierra Leone
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Sierra Leone
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Sierra Leone
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Sierra Leone
* Source: CIA
Internet Indicators for Sierra Leone
Indicators
  Number of Internet Users for Sierra Leone
  Internet Penetration Rate for Sierra Leone
  Number of Facebook Accounts for Sierra Leone
  Facebook Penetration Rate for Sierra Leone
* Source: IWS
Economic Freedom Indicators for Sierra Leone
Indicators
  Economic Freedom World Rank for Sierra Leone
  Economic Freedom Regional Ranking for Sierra Leone
  Business Freedom for Sierra Leone
  Trade Freedom for Sierra Leone
  Fiscal Freedom for Sierra Leone
  Government Spending for Sierra Leone
  Monetary Freedom for Sierra Leone
  Investment Freedom for Sierra Leone
  Financial Freedom for Sierra Leone
  Property Rights for Sierra Leone
  Freedom from Corruption for Sierra Leone
  Labor Freedom for Sierra Leone
  Tariff Rate for Sierra Leone
  Income Tax Rate for Sierra Leone
  Corporate Tax Rate for Sierra Leone
  Tax Burden % of GDP for Sierra Leone
  Government Expenditure % of GDP for Sierra Leone
* Source: HFO
Corruption Perceptions Index Rank and Score for Sierra Leone
Indicator
  Corruption Perceptions Index Rank and Score for Sierra Leone
* Source: TIO
Sierra Leone Economic Indicators in other Years
  Sierra Leone Economic Indicators for Year 2016 (Forecast)
  Sierra Leone Economic Indicators for Year 2015 (Forecast)
  Sierra Leone Economic Indicators for Year 2014 (Forecast)
  Sierra Leone Economic Indicators for Year 2013 (Forecast)
  Sierra Leone Economic Indicators for Year 2012 (Forecast)
  Sierra Leone Economic Indicators for Year 2011 (Forecast)
Sierra Leone Economic Indicators for Year 2010 (Current)
  Sierra Leone Economic Indicators for Year 2009
  Sierra Leone Economic Indicators for Year 2008
  Sierra Leone Economic Indicators for Year 2007
  Sierra Leone Economic Indicators for Year 2006
  Sierra Leone Economic Indicators for Year 2005
  Sierra Leone Economic Indicators for Year 2004
  Sierra Leone Economic Indicators for Year 2003
  Sierra Leone Economic Indicators for Year 2002
  Sierra Leone Economic Indicators for Year 2001
  Sierra Leone Economic Indicators for Year 2000
  Sierra Leone Economic Indicators for Year 1999
  Sierra Leone Economic Indicators for Year 1998
  Sierra Leone Economic Indicators for Year 1997
  Sierra Leone Economic Indicators for Year 1996
  Sierra Leone Economic Indicators for Year 1995
  Sierra Leone Economic Indicators for Year 1994
  Sierra Leone Economic Indicators for Year 1993
  Sierra Leone Economic Indicators for Year 1992
  Sierra Leone Economic Indicators for Year 1991
  Sierra Leone Economic Indicators for Year 1990
  Sierra Leone Economic Indicators for Year 1989
  Sierra Leone Economic Indicators for Year 1988
  Sierra Leone Economic Indicators for Year 1987
  Sierra Leone Economic Indicators for Year 1986
  Sierra Leone Economic Indicators for Year 1985
  Sierra Leone Economic Indicators for Year 1984
  Sierra Leone Economic Indicators for Year 1983
  Sierra Leone Economic Indicators for Year 1982
  Sierra Leone Economic Indicators for Year 1981
  Sierra Leone Economic Indicators for Year 1980