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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 8450.00
8257 8315 8373 8432 8671
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.70
percent
3.7 3.7 3.9 4 3.8
GDP 3.77
USD Billion
4 4 4.5 4.5 5
GDP per capita 462.50
USD
470 470 480 480 500
GDP per capita PPP 1390.30
USD
1440 1435 1466 1466 1388
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.50
percent
4.42 4.4 4.37 4.35 4.2
Population 7.60
Million
7.8 7.8 8 8 8.2
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 17.70
percent
13 13 12 12.3 12
Food Inflation 19.07
percent
16.3 15.31 14.2 16.2 15
Cpi Housing Utilities 197.70
Index Points
203 209 216 223 287
CPI Transportation 211.80
Index Points
211 214 216 220 268
Consumer Price Index Cpi 238.80
Index Points
233 244 252 263 306
Inflation Rate Mom 2.00
percent
0.5 0.65 0.63 0.63 0.63
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 16.50
percent
16.5 16.5 16 16 10
Banks Balance Sheet 6718821.62
SLL Million
8248712 8466726 8683903 8900234 11017909
Deposit Interest Rate 4.07
percent
4.07 4.07 3.57 3.57 -2.43
Money Supply M1 3241250.00
SLL Million
3344827 3425014 3504604 3583689 4347145
Money Supply M2 6815850.00
SLL Million
6777143 6757947 6765199 6763929 6764063
Central Bank Balance Sheet 8035428.33
SLL Million
8938127 8939618 8940262 8940540 8940751
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -54.39
USD Million
-65.93 -65.91 -66.05 -65.89 -65.95
Exports 5.62
USD Million
7.62 7.71 7.5 7.66 7.6
Imports 60.01
USD Million
73.55 73.55 73.55 73.55 73.55
Current Account -1102.09
USD Million
-1418 -1410 -1379 -1349 -1323
Current Account to GDP -13.00
percent
-23 -23 -20 -20 -18
Terrorism Index 0.67
0.69 0.92 1 1.08 1.46
Tourist Arrivals 51.00
Thousand
31.97 31.97 51.02 51.02 55.48
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 60.30
percent
52 52 49 49 46
Government Budget -5.80
percent of GDP
-5.35 -5.44 -5.32 -5.2 -4.04
Government Revenues 335150.00
SLL Million
300904 289631 302744 292031 297230
Fiscal Expenditure 338040.00
SLL Million
390349 384355 392515 387162 389234
Military Expenditure 24.90
USD Million
26.07 24.9 25.39 25.88 31.02
Government Budget Value -2890.00
SLL Million
-89444 -93926 -89771 -95131 -92004
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 3361.28
KBps
4461 4586 4657 4741 5085
IP Addresses 824.00
IP
706 758 730 735 740
Ease of Doing Business 160.00
159 160 159 158 157
Corruption Index 30.00
Points
30 29 30 30 30
Corruption Rank 130.00
135 137 138 139 141
Competitiveness Index 3.20
Points
3.21 3.21 3.18 3.16 3.17
Competitiveness Rank 130.00
133 133 132 131 134
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 25.08
celsius
25.02 25.67 26.75 26.77 26.65