Sierra Leone | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Sierra Leone including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Sierra Leone economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 7520.00 7580 7650 7880 7800 9000 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate -21.50 3.48 -2.12 3.73 -3.69 10.37 percent [+]
GDP 4.21 4.13 3.9 3.67 3.65 5 USD Billion [+]
GDP per capita 490.56 557 532 507 527 549 USD [+]
GDP per capita PPP 1473.91 1598 1499 1401 1448 1557 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 3.30 3.4 3.32 3.3 3.3 3.3 percent [+]
Population 6.45 6.51 6.54 6.56 6.59 6.9 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 19.80 16.7 16.5 17.2 17.5 18.6 percent [+]
Food Inflation 20.90 20.51 20.22 20.08 20.02 19.98 Index points [+]
Cpi Transportation 180.00 179 179 178 178 178 Index Points [+]
Consumer Price Index Cpi 197.70 197 197 197 197 197 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 12.00 12 14 14 14 10 percent [+]
Banks Balance Sheet 6368122.00 6907592 7094572 7278373 7462335 9434330 SLL Million [+]
Deposit Interest Rate 4.48 5.12 4.69 4.25 4.43 5.53 percent [+]
Money Supply M1 2601705.00 2816122 2886416 2955963 3024770 3735033 SLL Million [+]
Money Supply M2 6392992.00 6765270 6968375 7170483 7371200 9491542 SLL Million [+]
Central Bank Balance Sheet 6993249.00 7990490 8306034 8614191 8915100 11792477 SLL Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -52.89 -48.13 -47.82 -47.61 -47.47 -47.17 USD Million [+]
Exports 60.86 56.75 59.04 55.88 57.79 57.3 USD Million [+]
Imports 113.75 101 101 101 101 101 USD Million [+]
Current Account -1102.09 -1949 -2289 -2629 -2595 -4745 USD Million [+]
Current Account to GDP -33.00 -35.78 -35.06 -34.34 -34.47 -34.13 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Tourist Arrivals 44.00 50.96 44.81 38.66 32.6 43.35 Thousand [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 53.40 49.79 51.43 53.07 52.73 49.2 percent [+]
Government Budget -3.10 -3.72 -3.74 -3.75 -3.75 -3.29 percent of GDP [+]
Government Revenues 176168.00 250177 248183 246639 245868 245439 SLL Million [+]
Fiscal Expenditure 279203.00 355075 355043 355073 355106 355103 SLL Million [+]
Government Budget Value -103035.00 -130480 -129971 -129587 -129621 -129541 SLL Million [+]
Military Expenditure 34.90 38.14 38.26 38.39 37.42 34.78 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Business Confidence 66.10 63.84 63.81 63.79 63.78 63.71 [+]
Ease of Doing Business 148.00 149 148 147 147 144 [+]
Corruption Index 30.00 29 30 31 31 30 Points [+]
Corruption Rank 123.00 123 123 124 124 124 [+]
Competitiveness Index 3.16 3.03 3.03 3.03 3.08 3.03 Points [+]
Competitiveness Rank 132.00 138 138 138 134 137 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]