Source
Central bank

Bank of Sierra Leone

International Reserves

US$ 533 million (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 6 billion (2014 estimate)

GDP (Purchasing Power Parity)

11 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
9.5% 7.4% 4.5% 4.2% 8.0% 5.2% 3.2% 5.3%
2011 2012 2013 2014*        
6.0% 15.2% 16.3% 13.9%        

*Estimate

GDP per capita - current prices

US$ 914 (2014 estimate)

GDP per capita - PPP

$1,746 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.02% 0.02% 0.01% 0.01% 0.01%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 47.9% 
  • industry: 18.6% 
  • services: 33.5% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
18.5% 13.8% 9.8% 7.8%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
46.8% 44.9% 37.1% 32.6% 31.9%
         

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-5.0% -4.6% -5.2% -2.2% -4.0%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Sierra Leone

N/A

 
 
Source
Current account balance

US$ -533 million (2014 estimate)

Current account balance by percentage of GDP

-9.364% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

16.3% (2011)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0% (2012)

(Data were released in 2014)

Total exports

US$1.563 billion (2013 estimate) 

Export commodities

diamonds, rutile, cocoa, coffee, fish

Total imports

US$1.637 billion (2013 estimate) 

 
 
Source
Import commodities

foodstuffs, machinery and equipment, fuels and lubricants, chemicals

Exports - major partners

China 51.1%, Belgium 18.2%, Japan 7.7%, Turkey 4.8% (2012)

Imports - major partners

China 16.5%, India 10.2%, South Africa 7.6%, US 6.7%, UK 6.7%, Belgium 4.6% (2012)

FDI inflows
2011 2012 2013
US$ 950 million US$ 548 million US$ 579 million
FDI outflows
2011 2012 2013  
US$ 0 million US$ 0 million US$ 0 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 million US$ 0 million US$ 0 million US$ 0 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 142 out of 189 countries (2013)

Subcategories:

Starting a business: 75 out of 189 countries

Enforcing Contracts: 149 out of 189 countries

Registering Property: 170 out of 189 countries

Getting credit: 86 out of 189 countries

Protecting investors: 22 out of 189 countries

Trading across border: 140 out of 189 countries

Paying Taxes: 128 out of 189 countries

Dealing with Construction Permits: 176 out of 189 countries

Getting Electricity: 179 out of 189 countries

Resolving Insolvency: 158 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

138

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 148 Score: 50.5 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC 0

Total area

71,740 sq km

Capital

Freetown

Currency

leones (SLL)

Government type

constitutional democracy

Languages

English (official, regular use limited to literate minority), Mende (principal vernacular in the south), Temne (principal vernacular in the north), Krio (English-based Creole, spoken by the descendants of freed Jamaican slaves who were settled in the Freetown area, a lingua franca and a first language for 10% of the population but understood by 95%)

Religions

Muslim 60%, Christian 10%, indigenous beliefs 30%

Total population
1990 2000 2010 2014* 2019**
3.454 million 4.14 million 5.752 million 6.232 million 6.813 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
17.4% 30% 36% 39%
Population median age

19 years (2014 est.)

Population growth rate

2.33% (2014 est.)

Life expectancy

57.39 years  (2014 est.)

Adult literacy

43.3% (2011 estimate)

% of population living on less than $2 a day

82.5% (2011)

Inequality of wealth distribution (Gini index)

35.4 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  0.3%   Mobile  44.1% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

1.70% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.1 (2010)

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2013

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