Markets Actual Q1 Q2 Q3 Q4 2022
Currency 10102.00 10284 10469 10658 10850 11233

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 5.40 2.7 2.7 2.7 2.7 4
Unemployment Rate (%) 4.30 4.8 4.8 4.8 4.8 4.8
Inflation Rate (%) 10.45 12 14 15.3 13 15
Interest Rate (%) 14.00 14 14 14 14 12
Balance of Trade (USD Million) -883.10 -65.89 -65.94 -65.97 -65.95 -65.94
Current Account to GDP (%) -11.70 -18 -18 -18 -18 -17.2
Government Debt to GDP (%) 70.00 76 76 76 76 73
Government Budget (% of GDP) -3.50 -7 -7 -7 -7 -5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 5.40 2.7 2.7 2.7 2.7 4
GDP (USD Billion) 3.94 3.7 3.7 3.7 3.7 4.3
GDP per capita (USD) 488.50 465 465 465 465 540
GDP per capita PPP (USD) 1718.40 1630 1630 1630 1630 1665

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 4.30 4.8 4.8 4.8 4.8 4.8
Population (Million) 7.98 8.2 8.2 8.2 8.13 8.29

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 10.45 12 14 15.3 13 15
Inflation Rate Mom (%) 0.25 1.7 1.4 1.4 1.6 2.1
Food Inflation (%) 15.10 15 13 11 12 8
CPI Transportation (points) 272.40 287 281 298 321 321
Consumer Price Index CPI (points) 310.60 322 309 335 361 361

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 14.00 14 14 14 14 12
Deposit Interest Rate (%) 10.00 10 10 10 10 10
Central Bank Balance Sheet (SLL Million) 13015054.07 14800000 15500000 15500000 15000000 14500000

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -883.10 -65.89 -65.94 -65.97 -65.95 -65.94
Current Account to GDP (%) -11.70 -18 -18 -18 -18 -17.2
Tourist Arrivals (Persons) 7530.00 4700 4700 4700 5800 6300

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 70.00 76 76 76 76 73
Government Budget (% of GDP) -3.50 -7 -7 -7 -7 -5
Military Expenditure (USD Million) 27.80 28 28 28 31 31
Government Budget Value (SLL Million) 171033.00 -44559 -44559 -44559 -44525 -44525

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 15.00 15 15 15 15 15


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.