Sierra Leone: Economy

Economic Trivia

Sierra Leone is one of the top diamond producers in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Senegal, United Kingdom, and United Arab Emirates
Top 3 Exported Goods (2015): Cocoa, Plastics, and Coffee & Spices

Top Industries Source: CIA World Factbook

Diamond Mining; Small-Scale Manufacturing (Beverages, Textiles, Cigarettes, Footwear); Petroleum Refining; Small Commercial Ship Repair

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $10,264,448,142 (2015)
GDP Growth Rate (annual %) -20.301% (2015)
GDP Per Capita, PPP (current international) $1,591 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 152/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 7.982% (2015)
External debt stocks, total (DOD, current US$) $1,237,857,000 (2014)
Total tax rate (% of commercial profits) 31% (2015)
Real Interest Rate (5 year average %) -5.741% (2015)
Manufacturing, value added (% of GDP) 1.746% (2015)
Current Account Balance (BoP, current US$) ($910,410,846) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 2,440,884 (2014)
Employment in Agriculture (% of total employment) 68.5% (2004)
Employment in Industry (% of total employment) 6.5% (2004)
Employment in Services (% of total employment) 25% (2004)
Unemployment Rate 3.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $1,761,618,855 (2015)
Exports of goods and services (current US$) $886,224,475 (2015)
Total Merchandise Trade (% of GDP) 69.768% (2014)
FDI, net inflows (BoP, current US$) $518,680,000 (2015)
Commercial Service Exports (current US$) $202,491,458 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Sierra Leone’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary