Markets Actual Q2 Q3 Q4 Q1 2022
Currency 10154.00 10294 10479 10668 10860 11245

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.70 3 3 3 4 4
Unemployment Rate (%) 4.30 4.8 4.8 4.8 4.4 4.4
Inflation Rate (%) 8.95 10 8 8 6.7 6.5
Interest Rate (%) 14.00 14 14 14 14 12
Balance of Trade (USD Million) -883.10 -65.89 -65.94 -65.95 -65.95 -65.94
Current Account to GDP (%) -13.50 -18 -18 -18 -18 -17.2
Government Debt to GDP (%) 70.00 76 76 76 76 73
Government Budget (% of GDP) -2.90 -7 -7 -7 -7 -5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 15.00 15 15 15 15 15

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.70 3 3 3 4 4
GDP (USD Billion) 3.94 3.7 3.7 3.7 3.7 4.3
GDP per capita (USD) 488.50 465 465 465 465 540
GDP per capita PPP (USD) 1718.40 1630 1630 1630 1630 1665

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 4.30 4.8 4.8 4.8 4.4 4.4
Population (Million) 7.98 8.2 8.2 8.13 8.13 8.29

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 8.95 10 8 8 6.7 6.5
CPI Transportation (points) 282.40 300 295 294 301 313
Consumer Price Index CPI (points) 323.00 338 344 335 345 357
Food Inflation (%) 15.50 18 16 14 12 8
Inflation Rate Mom (%) 0.84 1.4 1.4 1.6 1.6 2.1

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 14.00 14 14 14 14 12
Deposit Interest Rate (%) 8.00 8 8 8 8 6
Central Bank Balance Sheet (SLL Million) 13015054.07 15500000 15500000 15000000 15000000 14500000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -883.10 -65.89 -65.94 -65.95 -65.95 -65.94
Current Account to GDP (%) -13.50 -18 -18 -18 -18 -17.2
Tourist Arrivals (Persons) 7530.00 4700 4700 5800 5800 6300

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 70.00 76 76 76 76 73
Government Budget (% of GDP) -2.90 -7 -7 -7 -7 -5
Government Budget Value (SLL Million) 171033.00 -44559 -44559 -44525 -44525 -44525
Military Expenditure (USD Million) 27.80 28 28 31 31 31

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