Workers' remittances, payments (BoP, current US$) in Sierra Leone
Sierra Leone: Workers' remittances, payments (BoP, current US$) was 18.44 million BoP, current US$ in 2011. ◆ Volatile
Workers' remittances, payments in Sierra Leone, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for workers' remittances, payments in Sierra Leone is 18.44 million BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.
That represents a change of up 108.8% on the previous year and up 18,049.2% over ten years.
Sierra Leone ranks 26th of 34 countries on this measure, in the bottom quarter.
Workers' remittances, payments (BoP, current US$) in Sierra Leone, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 101,621 BoP, current US$ | — |
| 2006 | 2.23 million BoP, current US$ | +2092.4% |
| 2007 | 606,869 BoP, current US$ | -72.8% |
| 2008 | 1.88 million BoP, current US$ | +209.3% |
| 2009 | 1.71 million BoP, current US$ | -9.1% |
| 2010 | 8.83 million BoP, current US$ | +417.7% |
| 2011 | 18.44 million BoP, current US$ | +108.8% |
Sierra Leone compared with similar countries
- Sierra Leone's 18.44 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 32.47 million BoP, current US$, 57% of the median. (28 countries reporting)
- Sierra Leone's 18.44 million BoP, current US$ is below the median for low income countries, which is 29.57 million BoP, current US$, 62% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.30 million BoP, current US$ | 101,621 BoP, current US$ | 2.23 million BoP, current US$ | 5 |
| 2010s | 13.64 million BoP, current US$ | 8.83 million BoP, current US$ | 18.44 million BoP, current US$ | 2 |
Countries ranked near Sierra Leone
- 23 Gambia 22.96 million BoP, current US$ compare
- 24 Guinea-Bissau 19.41 million BoP, current US$ compare
- 25 Ethiopia 19.08 million BoP, current US$ compare
- 27 Seychelles 17.56 million BoP, current US$ compare
- 28 Tunisia 13.07 million BoP, current US$ compare
- 29 Djibouti 12.86 million BoP, current US$ 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 workers' remittances, payments in Sierra Leone?
- Workers' remittances, payments in Sierra Leone was 18.44 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, payments recorded in Sierra Leone?
- The highest recorded value was 18.44 million BoP, current US$ in 2011.
- What is the lowest workers' remittances, payments recorded in Sierra Leone?
- The lowest recorded value was 101,621 BoP, current US$ in 2005.
- How does Sierra Leone rank for workers' remittances, payments?
- Sierra Leone ranks 26th out of 34 countries with data for 2011.
- Is workers' remittances, payments rising or falling in Sierra Leone?
- Over the last ten years it is up 18,049.2%. 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 Workers' remittances, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.