Sierra Leone - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 7830.00
7960 8143 8332 8525 9340
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 5.70
percent
5.1 5.1 5.1 4.9 3.8
GDP 3.67
USD Billion
3.6 3.55 3.5 4.9 5
GDP per capita 454.60
USD
484 509 525 488 513
GDP per capita PPP 1365.90
USD
1454 1516 1578 1466 1541
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4.50
percent
3 3 3 3 3
Population 7.40
Million
7.47 7.51 7.55 7.58 8.07
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 15.33
percent
13.5 13 13 12 12
Food Inflation 17.93
percent
16.5 16.3 15.31 14.2 15
CPI Transportation 189.00
Index Points
209 211 214 212 268
Consumer Price Index Cpi 216.10
Index Points
228 233 244 242 306
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 14.50
percent
13 13 13 12.5 10
Banks Balance Sheet 6718821.62
SLL Million
8029825 8248712 8466726 8683903 11017909
Deposit Interest Rate 4.07
percent
4.33 4.3 4.27 4.14 2.52
Money Supply M1 3044040.00
SLL Million
2673752 2675576 2679666 2679328 2679119
Money Supply M2 6522320.00
SLL Million
6093358 6063576 6060614 6091611 6045212
Central Bank Balance Sheet 8035428.33
SLL Million
8934664 8938127 8939618 8940262 8940751
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -54.39
USD Million
-66.21 -65.93 -65.91 -66.05 -65.95
Exports 5.62
USD Million
7.34 7.62 7.71 7.5 7.6
Imports 60.01
USD Million
73.55 73.55 73.55 73.55 73.55
Current Account -1102.09
USD Million
-1426 -1418 -1410 -1379 -1323
Current Account to GDP -16.60
percent
-23 -23 -23 -20 -18
Terrorism Index 0.67
0.46 0.69 0.92 1 1.46
Tourist Arrivals 55.00
Thousand
31.97 31.97 31.97 51.02 55.48
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 60.30
percent
52 52 52 49 46
Government Budget -5.80
percent of GDP
-5.45 -5.61 -5.76 -5.79 -4.69
Government Revenues 472920.00
SLL Million
280923 280924 280924 280924 280924
Fiscal Expenditure 517070.00
SLL Million
367156 367155 367155 367155 367155
Military Expenditure 24.90
USD Million
36.89 37.9 38.91 38.04 35.87
Government Budget Value -44150.00
SLL Million
-86233 -86231 -86231 -86231 -86231
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 3361.28
KBps
4393 4461 4586 4657 5085
IP Addresses 824.00
IP
775 706 758 730 740
Ease of Doing Business 160.00
160 160 160 160 160
Corruption Index 30.00
Points
29 29 29 29 27
Corruption Rank 130.00
134 135 137 138 141
Competitiveness Index 3.20
Points
3.18 3.18 3.18 3.18 3.18
Competitiveness Rank 130.00
131 131 131 131 131
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 25.08
celsius
26.91 25.02 25.67 26.75 26.65