Current account balance (credit less debit), Net (credits less) in Sierra Leone
Sierra Leone: Current account balance (credit less debit), Net (credits less) was -606.36 million in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Sierra Leone, 2005–2023
Source: International Monetary Fund.
Analysis
Sierra Leone recorded -606.36 million for current account balance (credit less debit), net (credits less debits) in 2023.
Compared with earlier readings it is down 34.1% on the previous year and up 17.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Sierra Leone peaked at -95.02 million in 2006 and was at its lowest, -1.91 billion, in 2011.
Sierra Leone ranks 115th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -104.94 million | — |
| 2006 | -95.02 million | -9.5% |
| 2007 | -160.13 million | +68.5% |
| 2008 | -225.44 million | +40.8% |
| 2009 | -326.99 million | +45.0% |
| 2010 | -585.30 million | +79.0% |
| 2011 | -1.91 billion | +226.9% |
| 2012 | -1.21 billion | -36.8% |
| 2013 | -737.10 million | -39.1% |
| 2014 | -472.73 million | -35.9% |
| 2015 | -1.00 billion | +112.2% |
| 2016 | -293.88 million | -70.7% |
| 2017 | -679.62 million | +131.3% |
| 2018 | -591.45 million | -13.0% |
| 2019 | -508.06 million | -14.1% |
| 2020 | -390.42 million | -23.2% |
| 2021 | -522.82 million | +33.9% |
| 2022 | -452.09 million | -13.5% |
| 2023 | -606.36 million | +34.1% |
Sierra Leone compared with similar countries
- Sierra Leone's -606.36 million is above the median for low income countries, which is -1.71 billion, 35% of the median. (20 countries reporting)
- Sierra Leone's -606.36 million is above the median for Sub-Saharan Africa, which is -606.36 million, 1.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -182.50 million | -326.99 million | -95.02 million | 5 |
| 2010s | -799.49 million | -1.91 billion | -293.88 million | 10 |
| 2020s | -492.92 million | -606.36 million | -390.42 million | 4 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0037 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0027 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0037 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Sierra Leone?
- Current account balance (credit less debit), net (credits less debits) in Sierra Leone was -606.36 million in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Sierra Leone?
- The highest recorded value was -95.02 million in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Sierra Leone?
- The lowest recorded value was -1.91 billion in 2011.
- How does Sierra Leone rank for current account balance (credit less debit), net (credits less debits)?
- Sierra Leone ranks 115th out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Sierra Leone?
- Over the last ten years it is up 17.7%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.