Sierra Leone Economic Statistics and Indicators

19, Jan 2021, EST. 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: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,743,725 (July 2014 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 29 N, 13 14 W ; time difference: UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Sierra Leone is extremely poor. Nearly half of the working-age population engages in subsistence agriculture. The country possesses substantial mineral, agricultural, and fishery resources, but it is still recovering from a civil war that ended in the early 2000s that destroyed most institutions. In recent years economic growth has been driven by mining - particularly of iron ore and oil exploration. The country exports rutile, diamonds, and bauxite, and is vulnerable to fluctuations in international commodity prices. The country relies on external assistance to meet its budgetary needs; overseas grants make up one-fourth of total revenue. Corruption is a hindrance to foreign investment, although from 2011 to 2012 the country’s Anti-Corruption Commission increased convictions of high-level officials from nine to 22 and recovered millions of dollars. In December 2013, the US Millennium Challenge Corporation (MCC) did not hold a vote on the reselection of Sierra Leone because the country did not pass MCC’s Scorecard Corruption indicator; however, MCC continues compact development through a more limited engagement.
More on the Sierra Leone Economy
More on the Sierra Leone Export, Import and Trade

GDP (Constant Prices, National Currency) for Sierra Leone in year 2015 is SLL 8,367.56 Billion.

GDP Growth (Constant Prices, National Currency) for Sierra Leone in year 2015 is -21.473 %.

GDP (Current Prices, National Currency) for Sierra Leone in year 2015 is SLL 22,069.30 Billion.

GDP (Current Prices, US Dollars) for Sierra Leone in year 2015 is US$ 4.167 Billion.

GDP Deflator for Sierra Leone in year 2015 is 263.748 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Sierra Leone in year 2015 is SLL 1,324,190.65 .

GDP Per Capita (Current Prices, National Currency) for Sierra Leone in year 2015 is SLL 3,492,529.70 .

GDP Per Capita (Current Prices, US Dollars) for Sierra Leone in year 2015 is US$ 659.438 .

GDP (PPP), US Dollars for Sierra Leone in year 2015 is US$ 9.966 Billion.

GDP Per Capita (PPP), US Dollars for Sierra Leone in year 2015 is US$ 1,577.19 .

GDP Share of World Total (PPP) for Sierra Leone in year 2015 is 0.009 %.

Implied PPP Conversion Rate for Sierra Leone in year 2015 is 2,214.40 .

Investment (% of GDP) for Sierra Leone in year 2015 is 16.293 %.

Gross National Savings (% of GDP) for Sierra Leone in year 2015 is 3.852 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Sierra Leone in year 2015 is 2,190.15 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Sierra Leone in year 2015 is 8.969 %.

Inflation, End of Year (Indexed to Year 2000) for Sierra Leone in year 2015 is 2,286.67 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Sierra Leone in year 2015 is 10.068 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Sierra Leone in year 2015 is -24.318 %.

Import Volumes of Goods Only (Percent Change) for Sierra Leone in year 2015 is -1.043 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Sierra Leone in year 2015 is -27.708 %.

Export Volumes of Goods Only (Percent Change) for Sierra Leone in year 2015 is -36.066 %.

Population for Sierra Leone in year 2015 is 6.319 Million .

General government revenue (National Currency) for Sierra Leone in year 2015 is SLL 3,504.72 Billions.

General government revenue (% of GDP) for Sierra Leone in year 2015 is 15.881 %.

General government total expenditure (National Currency) for Sierra Leone in year 2015 is SLL 4,471.98 Billions.

General government total expenditure (% of GDP) for Sierra Leone in year 2015 is 20.263 %.

Total Government Net Lending/ Borrowing (National Currency) for Sierra Leone in year 2015 is SLL -967.263 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Sierra Leone in year 2015 is -4.383 %.

Fiscal Year Gross Domestic Product, Current Prices for Sierra Leone in year 2015 is SLL 22,069.30 Billions.

Current Account Balance (US Dollars) for Sierra Leone in year 2015 is US$ -0.574 Billion.

Current Account Balance (% GDP) for Sierra Leone in year 2015 is -13.775 %.