- … Current Sierra Leone GDP Growth Rate is 6.30%. Current Sierra Leone GDP Growth Rate is 6.30%. Sierra Leone gdp growth rate for 2016 was 6.06%, a 26.65% increase from 2015. Sierra Leone’s GDP was projected to grow by 4.2% in 2020. Sierra Leone gdp growth rate for 2019 was, Sierra Leone gdp growth rate for 2018 was, Sierra Leone gdp growth rate for 2017 was, Sierra Leone gdp growth rate for 2016 was. GDP Annual Growth Rate in Sierra Leone averaged 2.65 percent from 1961 until 2019, reaching an all time high of 20.70 percent in 2013 and a record low of -20.50 percent in 2015. Sierra Leone Population Growth. GDP growth (annual %) - Sierra Leone. Sierra-Leone BNP Sidste Forrige Højeste Laveste Unit; Bnp, Årlig Growth Rate 5.40: 3.50: 20.70-20.50: Procent: BNP 3.94 Sierra Leone GDP Value was 3.94 B USD in 2020. Sierra Leone's main exports include ores, motor vehicles & parts, and plastics. In 2008 its GDP in PPP ranked between 147th and 153rd largest in the world. 5 years Real GDP Growth Rate in Sierra Leone ... Sierra Leone: GDP/cap growth, 5 years (%). It measures whether production has increased or decreased, and by how much. Annual percentage growth rate of GDP at market prices based on constant local currency. Sierra Leone Economic Outlook Macroeconomic performance and outlook Real GDP growth was weak in 2018 at 3.5% but improved slightly to an estimated 5.0% in 2019, driven by agriculture and services, and in the first half of 2019 by extractives. Recent government efforts to develop the industry and fight corruption irradiation seem to be successful and the country is expected to keep current pace of expansion. The impressive growth rates were, however, disrupted by the twin-shocks of: i) unprecedented decline in international iron ore prices starting in late 2013; and ii) the outbreak of Ebola Virus Disease (EVD) in 2014, together culminating in GDP contraction of 21.1% in 2015. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Direct access to our calendar releases and historical data. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Sierra Leone economic outlook, debt to GDP ratio, international trade performance and population … (see Data FAQs) Source: IMF World Economic Outlook Database. How Do I ... GDP Growth Rate (annual %) 3.446% (2018) GDP Per Capita, PPP (current international) $1,704 (2018) Click on a row to display its 5-year graph on the right. Though Sierra Leone GDP growth fluctuated substantially in recent years, it tended to increase through 1970 - 2019 period ending at 5.5 % in 2019. Structure of Sierra Leone GDP: from … In 2018, Sierra Leone exported $677M and imported $1.03B, resulting in a negative trade balance of -$355M. The result is: 26.27 %. -20.5% (2015 est.) The result is: -19.01 %. Looking across many countries and over long periods of time, the average rate of economic growth is about 2-3 percent per year. However, the economic impact of the COVID-19 outbreak will be transmitted through the real, fiscal and external In some instances, these figures are estimates. Aggregates are based on constant 2010 U.S. dollars. Sierra Leone GDP Growth Rate chart, historic, and current data. Country Report 2017 - Includes Sierra Leone real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Please check your download folder. As the graph below shows, over the past 57 years this indicator reached a maximum value of 26.42 in 2002 and a minimum value of -20.60 in 2015. Compare Countries. GDP Growth Rate in 2017 was 4.21%, representing a change of 141,301,373 US$ over 2016, when Real GDP was $3,355,384,560. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP - real growth rate: 3.7% (2017 est.) We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Download historical data for 20 million indicators using your browser. GDP in Sierra Leone averaged 1.38 USD Billion from 1960 until 2019, reaching an all time high of 5.02 USD Billion in 2014 and a record low of 0.32 USD Billion in 1960. Sierra Leone Government Debt to GDP at 70.00 percent, Sierra Leone Balance of Trade at -883.10 USD Million, Sierra Leone Current Account at -646.10 USD Million, Sierra Leone Current Account to GDP at -11.70 percent, Sierra Leone Exports at 25.47 USD Million, Sierra Leone GDP Annual Growth Rate at 5.40 percent, Sierra Leone GDP per capita at 488.50 USD, Sierra Leone GDP per capita PPP at 1718.40 USD, Sierra Leone Imports at 908.57 USD Million, Brazilian Stocks Trade At Over 9-Month High, Fitch Downgrades Malaysia Credit Rating to BBB+, Canadian Shares Rise for 4th Day at 10-Month Highs, Cocoa Set for 1st Weekly Drop Since October, US Stocks Higher as Payrolls Miss Forecasts. GDP: Gross domestic product (million current US$) 2010: 2578 : GDP: Gross domestic product (million current US$) 2005: 1651 : GDP growth rate (annual %, const. This page provides - Sierra Leone GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Sierra Leone's economic development has always been hampered by an … 1961-2019 Data | 2020-2022 Forecast | Historical. Sierra Leone has been a source of and destination for refugees. Below you will find the last recordings for the indicator : Growth rate of GDP (%). Sierra Leone’s economy is expected to con- In 2018, Sierra Leone's real gross domestic product grew by around 3.46 percent compared to the previous year. 6.3% (2016 est.) The Trading Economics Application Programming Interface (API) provides direct access to our data. Sierra Leone GDP (Nominal, $USD) 2003-2017 It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The economy of Sierra Leone is that of a least developed country with a gross domestic product of approximately US$1.9 billion in 2009. Economic growth in Sierra Leone and other countries is calculated as the percent change in the GDP from one year to the next. It's ranking among other countries is 41. Since the end of the civil war in 2002 the economy is gradually recovering with a GDP growth rate between 4 and 7%. However, Sierra Leone has been steadily growing since the end of a devastating civil war in 2002. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Source: World Bank. Sierra Leone is one of the poorest countries in the world. The information collected for the GDP Real Growth Rate of Sierra Leone has been obtained from the Central Intelligence Agency. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Sierra Leone GDP - real growth rate GDP - real growth rate: 3.7% (2017 est.) Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. FREETOWN, April 3 (Reuters) - The rapid expansion of Sierra Leone’s nascent iron ore mining industry fuelled economic growth of 20 percent last … Sierra Leone GDP Growth Rate table by year, historic, and current data. The average applied tariff rate is 10.3 percent. GDP per Capita in Sierra Leone (with a population of 7,488,423 people) was $467 in 2017, an increase of $9 from $458 in 2016; this represents a change of 2.0% in GDP per capita. Aggregates are based on constant U.S. dollars. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. The GDP value of Sierra Leone represents less than 0.01 percent of the world economy. Sierra Leone GDP (Gross Domestic Product) was INT$10.90billion for 2019 in PPP terms. The highest data : 2002 is the highest year for the indicator : Growth rate of GDP (%). Value & Rank The GDP growth rate of Sierra Leone is 13.3 (%) with a global rank of 3. The total value of exports and imports of goods and services equals 74.1 percent of GDP. After slowing to 3.5% in 2018 from 3.8% in the previous year, economic growth in Sierra Leone is projected to rebound to 4.8% in 2019 driven by increased activities in agriculture and construction as well as the resumption of iron ore production and exports. Sierra Leone - Gross domestic product in constant prices growth rate 5.4 (%) in 2019 In 2019, real GDP growth for Sierra Leone was 5.4 %. Annual percentage growth rate of GDP at market prices based on constant local currency. The analysed country is : Sierra Leone Sierra Leone’s civil war internally displaced as many as 2 million people, or almost half the population, and forced almost another half million to seek refuge in neighboring countries (370,000 Sierra … The latest comprehensive information for - Sierra Leone GDP Annual Growth Rate - including latest news, historical data table, charts and more. It is expected to stabilize around 4 percent in 2021. As a relatively new country, the growth rate in Sierra Leone has been above average throughout its history, and the steady increase in population is still going on today and the annual rate of change has been over 2% since around the turn of the century. Growth in demand is driven by consumption and investment. Sierra Leone's budget balance in relation to GDP 2021 Gross domestic product (GDP) growth rate in Sierra Leone 2021 Gross domestic product (GDP) per capita in Sierra Leone 2024 Population, GDP, life expectancy, birth rate and other key metrics for Sierra Leone. 2005 prices) 2014: 7.0 : GDP growth rate (annual %, const. It would lead to negative growth rates, the severity of which will also depend on what is happening in the wider world. 2005 prices) 2010: 5.4 : GDP growth rate (annual %, const. More than 50 percent of government revenue comes from foreign aid and the majority of the population rely on subsistence agriculture. Please check your download folder. economic activity. 6.3% (2016 est.) World Bank national accounts data, and OECD National Accounts data files. Diamond production is an important source of revenue and accounts for 63 percent of total exports. In 2019, GDP growth for Sierra Leone was 5.5 %. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Though Sierra Leone real GDP growth fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 5.4 % in 2019. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Publish your articles and forecasts in our website. SIERRA LEONE FIGURE 1 Sierra Leone / Real GDP growth and contribu-tions to real GDP growth FIGURE 2 Sierra Leone / Actual and projected poverty rates and real GDP per capita Sources: Sierra Leonean authorities and World Bank staff estimates and projec-tions. Sierra Leone - GDP growth (annual %) The value for GDP growth (annual %) in Sierra Leone was 3.45 as of 2018. Test Your Knowledge. The lowest data : 1992 is the lowest year for the indicator : Growth rate of GDP (%). 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2020 sierra leone gdp growth rate