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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 7664.00
7838 8031 8228 8431 9292
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 4.30
percent
4.6 5.1 5.1 5.1 10.37
GDP 3.67
USD Billion
3.6 3.6 3.6 3.6 5
GDP per capita 454.60
USD
445 454 462 471 450
GDP per capita PPP 1365.90
USD
1312 1343 1375 1406 1294
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.00
percent
3.1 3.1 3.1 3.1 3.1
Population 7.40
Million
7.4 7.44 7.48 7.52 7.83
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 16.26
percent
17.5 17.4 17.5 17.6 18.6
Food Inflation 18.87
percent
19.15 18.67 18.04 17.41 12.75
CPI Transportation 187.60
Index Points
186 186 185 184 176
Consumer Price Index Cpi 212.50
Index Points
210 208 207 205 192
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 13.00
percent
13 13 13 13 10
Banks Balance Sheet 6718821.62
SLL Million
7152647 7150576 7142911 7132138 7020622
Deposit Interest Rate 4.19
percent
5.85 6.03 6.2 6.38 12.12
Money Supply M1 2572190.00
SLL Million
2516868 2504585 2496329 2489434 2416319
Money Supply M2 5942880.00
SLL Million
5846448 5780848 5720021 5660274 5027045
Central Bank Balance Sheet 8035428.33
SLL Million
8938638 8916378 8885759 8851175 8554650
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -54.39
USD Million
-33.87 -32.75 -31.92 -31.31 -29.72
Exports 5.62
USD Million
14.94 15.87 16.71 17.48 21.48
Imports 60.01
USD Million
62.26 61.71 61.2 60.72 57.76
Current Account -1102.09
USD Million
-1420 -1448 -1477 -1505 -570
Current Account to GDP -16.60
percent
-23 -23 -11.64 -23 -18
Terrorism Index 0.67
0.42 0.63 0.83 1.03 1.78
Tourist Arrivals 24.00
Thousand
7.97 10.77 13.57 13.57 55.48
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 53.40
percent
52 52 60.62 52 46
Government Budget -4.90
percent of GDP
-5.3 -5.45 -5.61 -5.76 -5.25
Government Revenues 251630.00
SLL Million
236463 236827 230722 223666 185987
Fiscal Expenditure 279810.00
SLL Million
305775 302770 301174 300298 299109
Military Expenditure 34.90
USD Million
36.47 36.59 36.71 36.83 30.92
Government Budget Value -28180.00
SLL Million
-123207 -123123 -123123 -123123 -123123
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3361.28
KBps
4005 4042 4031 4006 3451
IP Addresses 824.00
IP
671 703 661 672 616
Ease of Doing Business 160.00
157 158 159 160 159
Corruption Index 30.00
Points
28 28 28 28 25
Corruption Rank 123.00
128 129 130 132 144
Competitiveness Index 3.20
Points
3.12 3.12 3.12 3.12 3.11
Competitiveness Rank 130.00
133 133 133 133 133
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 30.00
percent
31 31 31 31 31
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 25.08
celsius
26.69 26.91 25.02 25.67 26.65