Secondary income balance (credit less debit), Net (credits less) in Sierra Leone
Sierra Leone: Secondary income balance (credit less debit), Net (credits less) was 329.43 million in 2023. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Sierra Leone, 2005–2023
Source: International Monetary Fund.
Analysis
Sierra Leone recorded 329.43 million for secondary income balance (credit less debit), net (credits less) in 2023.
That represents a change of down 32.3% on the previous year and up 63.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Sierra Leone peaked at 1.28 billion in 2014 and was at its lowest, 77.30 million, in 2006.
That places Sierra Leone 100th out of 197 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 137.23 million | — |
| 2006 | 77.30 million | -43.7% |
| 2007 | 103.38 million | +33.7% |
| 2008 | 111.04 million | +7.4% |
| 2009 | 89.99 million | -19.0% |
| 2010 | 179.33 million | +99.3% |
| 2011 | 250.03 million | +39.4% |
| 2012 | 236.32 million | -5.5% |
| 2013 | 201.93 million | -14.5% |
| 2014 | 1.28 billion | +532.6% |
| 2015 | 557.39 million | -56.4% |
| 2016 | 436.88 million | -21.6% |
| 2017 | 170.49 million | -61.0% |
| 2018 | 226.92 million | +33.1% |
| 2019 | 463.06 million | +104.1% |
| 2020 | 430.72 million | -7.0% |
| 2021 | 530.42 million | +23.1% |
| 2022 | 486.88 million | -8.2% |
| 2023 | 329.43 million | -32.3% |
Sierra Leone compared with similar countries
- Sierra Leone's 329.43 million is below the median for low income countries, which is 930.01 million, 35% of the median. (20 countries reporting)
- Sierra Leone's 329.43 million is below the median for Sub-Saharan Africa, which is 679.29 million, 48% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) in Sierra Leone changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +532.6% | 201.93 million | 1.28 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 103.79 million | 77.30 million | 137.23 million | 5 |
| 2010s | 399.98 million | 170.49 million | 1.28 billion | 10 |
| 2020s | 444.36 million | 329.43 million | 530.42 million | 4 |
Countries ranked near Sierra Leone
- 97 Iraq 357.40 million compare
- 98 Mauritania 335.30 million compare
- 99 New Caledonia 330.89 million compare
- 101 Comoros 323.58 million compare
- 102 Samoa 281.02 million compare
- 103 Papua New Guinea 276.26 million 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 secondary income balance (credit less debit), net (credits less) in Sierra Leone?
- Secondary income balance (credit less debit), net (credits less) in Sierra Leone was 329.43 million in 2023, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Sierra Leone?
- The highest recorded value was 1.28 billion in 2014.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Sierra Leone?
- The lowest recorded value was 77.30 million in 2006.
- How does Sierra Leone rank for secondary income balance (credit less debit), net (credits less)?
- Sierra Leone ranks 100th out of 197 countries with data for 2023.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Sierra Leone?
- Over the last ten years it is up 63.1%. 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 Secondary income 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.