Current account balance (credit less debit), Percent of GDP (Balance) in Sierra Leone
Sierra Leone: Current account balance (credit less debit), Percent of GDP (Balance) was -2.9 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Sierra Leone, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, current account balance (credit less debit), percent of gdp (balance) in Sierra Leone stood at -2.9. That is the highest value across all 28 years on record.
The figure is up 11.3% on the previous year and up 75.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Sierra Leone peaked at -2.9 in 2027 and was at its lowest, -39.88, in 2011.
That places Sierra Leone 23rd out of 45 countries with data for 2027, putting it 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), Percent of GDP (Balance) in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -7.5 | — |
| 2001 | -5.67 | -24.3% |
| 2002 | -3.68 | -35.1% |
| 2003 | -3.73 | +1.5% |
| 2004 | -4.23 | +13.4% |
| 2005 | -3.83 | -9.5% |
| 2006 | -3.02 | -21.2% |
| 2007 | -4.64 | +53.5% |
| 2008 | -5.74 | +23.7% |
| 2009 | -8.62 | +50.0% |
| 2010 | -14.02 | +62.8% |
| 2011 | -39.88 | +184.4% |
| 2012 | -21.06 | -47.2% |
| 2013 | -10.94 | -48.0% |
| 2014 | -7.25 | -33.8% |
| 2015 | -14.86 | +105.0% |
| 2016 | -4.87 | -67.2% |
| 2017 | -11.67 | +139.8% |
| 2018 | -9.26 | -20.7% |
| 2019 | -7.79 | -15.8% |
| 2020 | -5.84 | -25.0% |
| 2021 | -7.3 | +24.9% |
| 2022 | -6.35 | -13.0% |
| 2023 | -9.47 | +49.2% |
| 2024 | -6.89 | -27.2% |
| 2025 | -5.08 | -26.3% |
| 2026 | -3.27 | -35.7% |
| 2027 | -2.9 | -11.3% |
Sierra Leone compared with similar countries
- Sierra Leone's -2.9 is above the median for Sub-Saharan Africa, which is -2.9, 1.0× the median. (45 countries reporting)
- Sierra Leone's -2.9 is above the median for low income countries, which is -3.6, 80% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.07 | -8.62 | -3.02 | 10 |
| 2010s | -14.16 | -39.88 | -4.87 | 10 |
| 2020s | -5.89 | -9.47 | -2.9 | 8 |
Countries ranked near Sierra Leone
- 20 Equatorial Guinea -2.39 compare
- 21 Uganda -2.73 compare
- 22 Togo -2.77 compare
- 24 Cote d'Ivoire -3.1 compare
- 25 Central African Republic -3.6 compare
- 26 Kenya -3.73 compare
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), percent of gdp (balance) in Sierra Leone?
- Current account balance (credit less debit), percent of gdp (balance) in Sierra Leone was -2.9 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Sierra Leone?
- The highest recorded value was -2.9 in 2027.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Sierra Leone?
- The lowest recorded value was -39.88 in 2011.
- How does Sierra Leone rank for current account balance (credit less debit), percent of gdp (balance)?
- Sierra Leone ranks 23rd out of 45 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Sierra Leone?
- Over the last ten years it is up 75.2%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.