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Economy of Sierra Leone. Statistics, Data and Indicators

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Sierra Leone
N/AN/A Credit rank #
N/A Quality of life #
110 Corruption rank#118
163 Ease of doing business#142
Sierra Leone


Sierra Leone Major Economic Indicators

Indicator Data Period
GDP Value 3.97 USD Billion 2022
GDP Annual Growth Rate 3.8 % 2022
GDP per capita 627 USD 2022
Inflation Rate YoY 50.94 % Aug/23
Interest Rate 21.25 % Sep/23
Unemployment Rate 3.6 % 2022
Balance of Trade -61.87 USD Million | -0.062 B USD Dec/22
Current Account -358390208 USD Million | -358390.219 B USD 2021


GDP Indicators

Indicator Data Period
GDP Value 3.97 USD Billion 2022
GDP Annual Growth Rate 3.8 % 2022
GDP per capita 627 USD 2022
GDP per capita PPP 1635 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 98.8 % 2022
Government Budget Value 1039 SLL Million | 0 B USD Dec/22
Government Revenues 2879 SLL Million | 0 B USD Dec/22
Fiscal Expenditure  1836 SLL Million | 0 B USD Dec/22
Government Budget to GDP -4.8 % 2022
Military Expenditure 24.5 USD Million | 0.024 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 185 Index Points Aug/23
Food Inflation 62.75 % Aug/23
Inflation Rate YoY 50.94 % Aug/23
Inflation Rate Mom 5.31 % Aug/23
CPI Housing Utilities 145 Index Points Aug/23
CPI Transportation 177 Index Points Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -10.3 % 2022
Balance of Trade -61.87 USD Million | -0.062 B USD Dec/22
Current Account -358390208 USD Million | -358390.219 B USD 2021
Exports 104 USD Million | 0.104 B USD Dec/22
Imports 166 USD Million | 0.166 B USD Dec/22
Tourist Arrivals 3545 Thousand Persons | 3.545 Million Persons 2022


Money Indicators

Indicator Data Period
Interest Rate 21.25 % Sep/23
Money Supply M1 9822 SLL Million | 0 B USD Apr/23
Money Supply M2 22469 SLL Million | 0.001 B USD Apr/23
Central Bank Balance Sheet 28108 SLL Million | 0.001 B USD Dec/22
Deposit Interest Rate 14.75 % 2023


Labor Indicators

Indicator Data Period
Unemployment Rate 3.6 % 2022


Taxes

Indicator Data Period
Corporate Tax Rate 25 % 2023
Personal Income Tax Rate 15 % 2023
Sales Tax Rate 15 % 2023


Business Indicators

Indicator Data Period
Corruption Index 34 Index Points 2022
Corruption Rank 110 place 2022
Ease of Doing Business 163 place 2019
Competitiveness Index 38.8 Index Points 2018
Competitiveness Rank 134 2018