Markets Actual Q3 Q4 Q1 Q2 2022
Currency 10474.00 10360 10391 10422 10454 10517

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -2.70 3 3 4 4 4
Unemployment Rate (%) 4.60 4.6 4.6 4.4 4.4 4.4
Inflation Rate (%) 10.50 9.7 9.3 8.7 8.5 8.2
Interest Rate (%) 14.00 14 14 14 15 15
Balance of Trade (USD Million) -53.84 -65.89 -65.95 -65.97 -65.97 -65.94
Current Account to GDP (% of GDP) -15.60 -14.4 -14.4 -13.5 -13.5 -13.5
Government Debt to GDP (% of GDP) 71.90 73 73 71.8 71.8 71.8
Government Budget (% of GDP) -5.70 -4.1 -4.1 -3.6 -3.6 -3.6
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 35 15 15 15

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -2.70 3 3 4 4 4
GDP (USD Billion) 3.87 3.91 3.91 4.1 4.1 4.1
GDP per capita (USD) 468.49 465 465 465 465 540
GDP per capita PPP (USD) 1648.05 1630 1630 1630 1630 1665

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 4.60 4.6 4.6 4.4 4.4 4.4
Population (Million) 7.98 8.2 8.13 8.13 8.13 8.29

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 10.50 9.7 9.3 8.7 8.5 8.2
Inflation Rate Mom (%) 1.50 2.1 1.7 1.3 0.7 1.1
Food Inflation (%) 15.40 16.5 15 14 10 12
CPI Transportation (points) 306.49 299 298 307 307 322
Consumer Price Index CPI (points) 343.50 349 339 354 367 367

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 14.00 14 14 14 15 15
Deposit Interest Rate (%) 8.00 8 8 8 9 9
Lending Rate (%) 17.00 17 17 17 18 18
Interbank Rate (%) 14.45 16 18 17 16 17
Central Bank Balance Sheet (SLL Million) 19403831.83 15500000 15000000 15000000 15000000 14500000

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -53.84 -65.89 -65.95 -65.97 -65.97 -65.94
Current Account to GDP (% of GDP) -15.60 -14.4 -14.4 -13.5 -13.5 -13.5
Tourist Arrivals (Persons) 3164.00 4700 5800 5800 5800 6300

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 71.90 73 73 71.8 71.8 71.8
Government Budget (% of GDP) -5.70 -4.1 -4.1 -3.6 -3.6 -3.6
Military Expenditure (USD Million) 20.20 28 31 31 31 31
Government Budget Value (SLL Million) 171033.00 -44559 -44525 -44525 -44525 -44525

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 35 15 15 15
Sales Tax Rate (%) 15.00 15 15 15 15 15


This page has economic forecasts for Sierra Leone including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Sierra Leone economy.