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 (2016): United States, Cote d'Ivoire, and China
Top 3 Exported Goods (2016): Prepared Meats, Dairy Products, and Milling Products

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) [1]

GDP, PPP (current international) $11,534,933,236 (2017)
GDP Growth Rate (annual %) 4.158% (2017)
GDP Per Capita, PPP (current international) $1,526 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 154/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 10.883% (2016)
External debt stocks, total (DOD, current US$) $1,472,407,000 (2016)
Total tax rate (% of commercial profits) 31% (2017)
Real Interest Rate (5 year average %) 2.827% (2017)
Manufacturing, value added (% of GDP) 1.958% (2017)
Current Account Balance (BoP, current US$) ($162,359,145) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,534,310 (2017)
Employment in Agriculture (% of total employment) 60.567% (2017)
Employment in Industry (% of total employment) 6.181% (2017)
Employment in Services (% of total employment) 33.252% (2017)
Unemployment Rate 4.473% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $1,938,107,807 (2016)
Exports of goods and services (current US$) $885,954,258 (2016)
Total Merchandise Trade (% of GDP) 61.74% (2016)
FDI, net inflows (BoP, current US$) $137,965,733 (2016)
Commercial Service Exports (current US$) $270,103,075 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank