Debt service as a proportion of exports of goods, services and in Sierra Leone
Sierra Leone: Debt service as a proportion of exports of goods, services and was 11.2% in 2023. ◆ Volatile
Latest (2023)
11.2%
Change on year
up 18.1%
World rank
30th
of 125 countries
All-time high
112.3%
in 2001
All-time low
1.4%
in 2013
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Sierra Leone, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Sierra Leone recorded 11.2% for debt service as a proportion of exports of goods, services and in 2023.
That represents a change of up 18.1% on the previous year and up 718.3% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Sierra Leone peaked at 112.3% in 2001 and was at its lowest, 1.4%, in 2013.
That places Sierra Leone 30th out of 125 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 75.7% | — |
| 2001 | 112.3% | +48.4% |
| 2002 | 13.1% | -88.4% |
| 2003 | 10.2% | -21.7% |
| 2004 | 10.0% | -1.8% |
| 2005 | 6.7% | -33.1% |
| 2006 | 7.8% | +16.6% |
| 2007 | 2.8% | -64.1% |
| 2008 | 1.6% | -41.5% |
| 2009 | 2.0% | +23.7% |
| 2010 | 2.7% | +31.4% |
| 2011 | 3.4% | +25.0% |
| 2012 | 1.7% | -50.7% |
| 2013 | 1.4% | -17.5% |
| 2014 | 2.3% | +69.0% |
| 2015 | 6.5% | +181.9% |
| 2016 | 4.5% | -30.3% |
| 2017 | 6.4% | +40.4% |
| 2018 | 7.1% | +11.6% |
| 2019 | 10.6% | +48.8% |
| 2020 | 14.1% | +33.4% |
| 2021 | 9.3% | -34.0% |
| 2022 | 9.5% | +1.5% |
| 2023 | 11.2% | +18.1% |
Sierra Leone compared with similar countries
- Sierra Leone's 11.2% is above the median for low income countries, which is 9.7%, 1.2× the median. (20 countries reporting)
- Sierra Leone's 11.2% is above the median for Sub-Saharan Africa, which is 9.0%, 1.2× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.2% | 1.6% | 112.3% | 10 |
| 2010s | 4.6% | 1.4% | 10.6% | 10 |
| 2020s | 11.0% | 9.3% | 14.1% | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -33,272 BoP, current US$ (2010)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0 BoP, current US$ per US$ of GDP (2010)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.0053 BoP, current US$ per person (2010)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 121.78 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -16.53 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0175 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.09 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -12.59 % change on previous year (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Sierra Leone?
- Debt service as a proportion of exports of goods, services and in Sierra Leone was 11.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Sierra Leone?
- The highest recorded value was 112.3% in 2001.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Sierra Leone?
- The lowest recorded value was 1.4% in 2013.
- How does Sierra Leone rank for debt service as a proportion of exports of goods, services and?
- Sierra Leone ranks 30th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Sierra Leone?
- Over the last ten years it is up 718.3%. 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 Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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