Services balance (credit less debit), Net (credits less debits) in Sierra Leone
Sierra Leone: Services balance (credit less debit), Net (credits less debits) was -304.99 million in 2023. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Sierra Leone, 2005–2023
Source: International Monetary Fund.
Analysis
Sierra Leone recorded -304.99 million for services balance (credit less debit), net (credits less debits) in 2023.
That represents a change of down 15.1% on the previous year and up 34.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Sierra Leone peaked at -13.22 million in 2005 and was at its lowest, -1.03 billion, in 2014.
Sierra Leone ranks 116th of 197 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.
Services balance (credit less debit), Net (credits less debits) in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -13.22 million | — |
| 2006 | -43.97 million | +232.7% |
| 2007 | -50.95 million | +15.9% |
| 2008 | -62.00 million | +21.7% |
| 2009 | -31.44 million | -49.3% |
| 2010 | -194.94 million | +520.0% |
| 2011 | -270.96 million | +39.0% |
| 2012 | -347.67 million | +28.3% |
| 2013 | -467.91 million | +34.6% |
| 2014 | -1.03 billion | +120.8% |
| 2015 | -682.39 million | -33.9% |
| 2016 | -374.44 million | -45.1% |
| 2017 | -313.54 million | -16.3% |
| 2018 | -304.89 million | -2.8% |
| 2019 | -355.37 million | +16.6% |
| 2020 | -111.99 million | -68.5% |
| 2021 | -198.95 million | +77.6% |
| 2022 | -264.99 million | +33.2% |
| 2023 | -304.99 million | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -40.31 million | -62.00 million | -13.22 million | 5 |
| 2010s | -434.52 million | -1.03 billion | -194.94 million | 10 |
| 2020s | -220.23 million | -304.99 million | -111.99 million | 4 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Net domestic credit (current LCU), per capita 4,743 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.6 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.74 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 104.67 million SDR (2024)
- Reserves excluding gold 332.23 million SDR (2024)
- Total reserves (gold at market value) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 38.44 SDR per person (2024)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Sierra Leone?
- Services balance (credit less debit), net (credits less debits) in Sierra Leone was -304.99 million in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Sierra Leone?
- The highest recorded value was -13.22 million in 2005.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Sierra Leone?
- The lowest recorded value was -1.03 billion in 2014.
- How does Sierra Leone rank for services balance (credit less debit), net (credits less debits)?
- Sierra Leone ranks 116th out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Sierra Leone?
- Over the last ten years it is up 34.8%. 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 Services 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.