Adjusted savings: net national savings in Sierra Leone
Sierra Leone: Adjusted savings: net national savings was -5.3% in 2020. ◆ Volatile
Adjusted savings: net national savings in Sierra Leone, 1977–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2020, adjusted savings: net national savings in Sierra Leone stood at -5.3%.
The figure is up 30.1% on the previous year and down 133.7% over ten years.
Over the whole period, adjusted savings: net national savings in Sierra Leone peaked at 15.7% in 2010 and was at its lowest, -20.9%, in 2016.
That places Sierra Leone 166th out of 177 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Sierra Leone, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 5.1% | — |
| 1978 | 13.3% | +160.4% |
| 1979 | 10.2% | -23.0% |
| 1980 | -5.3% | -151.9% |
| 1981 | -5.1% | -4.3% |
| 1982 | -3.6% | -29.2% |
| 1983 | -4.8% | +33.4% |
| 1984 | 4.1% | -185.8% |
| 1985 | -7.3% | -278.0% |
| 1986 | 1.5% | -120.1% |
| 1987 | 9.5% | +542.9% |
| 1988 | 9.4% | -0.4% |
| 1989 | 3.4% | -63.7% |
| 1990 | -1.8% | -153.3% |
| 1991 | 1.1% | -161.1% |
| 1992 | -9.4% | -945.5% |
| 1993 | -5.9% | -37.0% |
| 1994 | -0.4% | -93.3% |
| 1995 | -10.0% | +2403.1% |
| 1996 | -4.2% | -57.6% |
| 1997 | -9.6% | +126.3% |
| 1998 | -3.8% | -60.8% |
| 1999 | -5.5% | +45.3% |
| 2000 | -15.9% | +190.8% |
| 2001 | -6.7% | -57.7% |
| 2002 | -3.4% | -49.7% |
| 2003 | -2.1% | -36.6% |
| 2004 | -1.0% | -53.7% |
| 2005 | 1.5% | -254.7% |
| 2006 | 0.0% | -97.8% |
| 2007 | 5.8% | +16742.8% |
| 2008 | 4.7% | -18.3% |
| 2009 | 2.2% | -53.3% |
| 2010 | 15.7% | +606.1% |
| 2011 | -4.6% | -129.4% |
| 2012 | 4.0% | -187.5% |
| 2013 | -18.1% | -548.3% |
| 2014 | 10.3% | -156.7% |
| 2015 | -6.8% | -166.1% |
| 2016 | -20.9% | +208.9% |
| 2017 | -6.6% | -68.4% |
| 2018 | -15.3% | +131.7% |
| 2019 | -7.6% | -50.7% |
| 2020 | -5.3% | -30.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.6% | 5.1% | 13.3% | 3 |
| 1980s | 0.2% | -7.3% | 9.5% | 10 |
| 1990s | -5.0% | -10.0% | 1.1% | 10 |
| 2000s | -1.5% | -15.9% | 5.8% | 10 |
| 2010s | -5.0% | -20.9% | 15.7% | 10 |
| 2020s | -5.3% | -5.3% | -5.3% | 1 |
Countries ranked near Sierra Leone
More economy & growth data for Sierra Leone
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.55 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.03 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 17.71 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 14,989 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.49 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.21 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,023 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 5.27 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8412 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Sierra Leone?
- Adjusted savings: net national savings in Sierra Leone was -5.3% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Sierra Leone?
- The highest recorded value was 15.7% in 2010.
- What is the lowest adjusted savings: net national savings recorded in Sierra Leone?
- The lowest recorded value was -20.9% in 2016.
- How does Sierra Leone rank for adjusted savings: net national savings?
- Sierra Leone ranks 166th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Sierra Leone?
- Over the last ten years it is down 133.7%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.