Current account balance in Sierra Leone
Sierra Leone: Current account balance was -38.5% in 2011. ◆ Volatile
Current account balance in Sierra Leone, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in % of GNP.
Analysis
In 2011, current account balance in Sierra Leone stood at -38.5%. That is the lowest value across all 7 years on record.
The figure is down 94.6% on the previous year and down 483.6% over ten years.
That places Sierra Leone 39th out of 41 countries with data for 2011, putting it in the bottom quarter.
Current account balance in Sierra Leone, year by year
| Year | % of GNP | Change |
|---|---|---|
| 2005 | -6.6% | — |
| 2006 | -5.2% | -21.2% |
| 2007 | -7.6% | +47.0% |
| 2008 | -9.3% | +21.1% |
| 2009 | -13.8% | +49.3% |
| 2010 | -19.8% | +43.1% |
| 2011 | -38.5% | +94.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.5% | -13.8% | -5.2% | 5 |
| 2010s | -29.2% | -38.5% | -19.8% | 2 |
Countries ranked near Sierra Leone
- 36 Niger -21.1% compare
- 37 Seychelles -22.4% compare
- 38 Guinea -25.1% compare
- 40 Sao Tome and Principe -43.4% compare
- 41 Liberia -52.9% compare
More trade data for Sierra Leone
- Commodity Net Export Price Index, Individual Commodities Weighted by 138.73 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.67 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.55 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 138.81 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.9 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.29 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5399 (2018)
- Imports of low carbon technology products, US dollar (World), per 4.57 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.0054 units per US$ of GDP (2018)
- Exports of low carbon technology products, US dollar (World), gaps 1.85 million (2018)
Frequently asked questions
- What is current account balance in Sierra Leone?
- Current account balance in Sierra Leone was -38.5% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current account balance recorded in Sierra Leone?
- The highest recorded value was -5.2% in 2006.
- What is the lowest current account balance recorded in Sierra Leone?
- The lowest recorded value was -38.5% in 2011.
- How does Sierra Leone rank for current account balance?
- Sierra Leone ranks 39th out of 41 countries with data for 2011.
- Is current account balance rising or falling in Sierra Leone?
- Over the last ten years it is down 483.6%. 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, Balance of Payments Statistics Yearbook and data files, published as part of Current account balance (% of GNP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.