Annual growth of the gross capital formation (%) in Sierra Leone
Sierra Leone: Annual growth of the gross capital formation (%) was 25.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Sierra Leone, 2002–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Sierra Leone recorded 25.2% for annual growth of the gross capital formation in 2024.
That represents a change of down 43.0% on the previous year and up 566.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Sierra Leone peaked at 255.7% in 2010 and was at its lowest, -28.3%, in 2015.
Sierra Leone ranks 11th of 175 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 26.6% | — |
| 2003 | 16.1% | -39.4% |
| 2004 | 0.6% | -96.0% |
| 2005 | 25.7% | +3867.8% |
| 2006 | -3.1% | -112.1% |
| 2007 | 2.8% | -189.4% |
| 2008 | 3.0% | +7.7% |
| 2009 | 8.3% | +176.2% |
| 2010 | 255.7% | +2984.8% |
| 2011 | 42.9% | -83.2% |
| 2012 | -27.1% | -163.1% |
| 2013 | -17.4% | -35.6% |
| 2014 | -5.4% | -69.0% |
| 2015 | -28.3% | +423.1% |
| 2016 | -4.4% | -84.6% |
| 2017 | 14.4% | -429.5% |
| 2018 | -12.3% | -185.6% |
| 2019 | 0.4% | -103.0% |
| 2020 | -8.7% | -2470.2% |
| 2021 | -9.9% | +13.5% |
| 2022 | 9.0% | -190.9% |
| 2023 | 44.2% | +391.6% |
| 2024 | 25.2% | -43.0% |
Sierra Leone compared with similar countries
- Sierra Leone's 25.2% is above the median for low income countries, which is 11.3%, 2.2× the median. (19 countries reporting)
- Sierra Leone's 25.2% is above the median for Sub-Saharan Africa, which is 6.1%, 4.1× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Sierra Leone changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +3867.8% | 0.6% | 25.7% |
| 2010 | +2984.8% | 8.3% | 255.7% |
| 2020 | -2470.2% | 0.4% | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.0% | -3.1% | 26.6% | 8 |
| 2010s | 21.9% | -28.3% | 255.7% | 10 |
| 2020s | 12.0% | -9.9% | 44.2% | 5 |
Countries ranked near Sierra Leone
More economy & growth data for Sierra Leone
- Real gdp growth, annual growth rate -24.83 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -18.54 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0324 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 27.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.43 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0236 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 20.01 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Sierra Leone?
- Annual growth of the gross capital formation in Sierra Leone was 25.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Sierra Leone?
- The highest recorded value was 255.7% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Sierra Leone?
- The lowest recorded value was -28.3% in 2015.
- How does Sierra Leone rank for annual growth of the gross capital formation?
- Sierra Leone ranks 11th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Sierra Leone?
- Over the last ten years it is up 566.5%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under UN SDG Global Database (open, attribution requested).