Gross Domestic Product … Standard Local Currency annual growth rate in Sierra Leone
Sierra Leone: Gross Domestic Product … Standard Local Currency annual growth rate was 4 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Sierra Leone, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Sierra Leone stood at 4 % change on previous year.
The figure is down 29.9% on the previous year and down 12.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Sierra Leone peaked at 26.42 % change on previous year in 2002 and was at its lowest, -24.79 % change on previous year, in 1996.
That places Sierra Leone 72nd out of 223 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product … Standard Local Currency annual growth rate in Sierra Leone, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.43 % change on previous year | — |
| 1972 | 0.9113 % change on previous year | +111.9% |
| 1973 | 3.48 % change on previous year | +282.3% |
| 1974 | 3.49 % change on previous year | +0.2% |
| 1975 | 0 % change on previous year | -100.0% |
| 1976 | -0.7228 % change on previous year | — |
| 1977 | 0.8494 % change on previous year | -217.5% |
| 1978 | 3.85 % change on previous year | +353.4% |
| 1979 | 5.1 % change on previous year | +32.4% |
| 1980 | 2.87 % change on previous year | -43.8% |
| 1981 | 3.97 % change on previous year | +38.3% |
| 1982 | 1.75 % change on previous year | -55.8% |
| 1983 | -0.1013 % change on previous year | -105.8% |
| 1984 | 4.36 % change on previous year | -4405.1% |
| 1985 | 2.33 % change on previous year | -46.6% |
| 1986 | 1.46 % change on previous year | -37.4% |
| 1987 | 4.04 % change on previous year | +176.5% |
| 1988 | 2.47 % change on previous year | -38.9% |
| 1989 | 3.39 % change on previous year | +37.7% |
| 1990 | 3.64 % change on previous year | +7.3% |
| 1991 | -7.99 % change on previous year | -319.5% |
| 1992 | -9.65 % change on previous year | +20.7% |
| 1993 | 0.054 % change on previous year | -100.6% |
| 1994 | 3.5 % change on previous year | +6380.3% |
| 1995 | -10.03 % change on previous year | -386.4% |
| 1996 | -24.79 % change on previous year | +147.2% |
| 1997 | -17.6 % change on previous year | -29.0% |
| 1998 | -0.8375 % change on previous year | -95.2% |
| 1999 | -8.12 % change on previous year | +869.8% |
| 2000 | 3.81 % change on previous year | -146.9% |
| 2001 | 18.17 % change on previous year | +377.2% |
| 2002 | 26.42 % change on previous year | +45.4% |
| 2003 | 9.31 % change on previous year | -64.7% |
| 2004 | 6.6 % change on previous year | -29.2% |
| 2005 | 4.5 % change on previous year | -31.7% |
| 2006 | 4.22 % change on previous year | -6.2% |
| 2007 | 8.06 % change on previous year | +90.7% |
| 2008 | 5.4 % change on previous year | -33.0% |
| 2009 | 3.19 % change on previous year | -41.0% |
| 2010 | 5.35 % change on previous year | +67.9% |
| 2011 | 6.31 % change on previous year | +18.1% |
| 2012 | 15.18 % change on previous year | +140.4% |
| 2013 | 20.71 % change on previous year | +36.4% |
| 2014 | 4.56 % change on previous year | -78.0% |
| 2015 | -11.08 % change on previous year | -343.0% |
| 2016 | 18.93 % change on previous year | -270.8% |
| 2017 | 16.05 % change on previous year | -15.2% |
| 2018 | 15.71 % change on previous year | -2.1% |
| 2019 | 5.5 % change on previous year | -65.0% |
| 2020 | -1.25 % change on previous year | -122.8% |
| 2021 | 5.9 % change on previous year | -570.4% |
| 2022 | 5.31 % change on previous year | -9.9% |
| 2023 | 5.71 % change on previous year | +7.5% |
| 2024 | 4 % change on previous year | -29.9% |
Sierra Leone compared with similar countries
- Sierra Leone's 4 % change on previous year is above the median for low income countries, which is 4 % change on previous year, 1.0× the median. (23 countries reporting)
- Sierra Leone's 4 % change on previous year is above the median for Sub-Saharan Africa, which is 4 % change on previous year, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product … Standard Local Currency annual growth rate 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 |
|---|---|---|---|
| 1994 | +6380.3% | 0.054 % change on previous year | 3.5 % change on previous year |
| 1984 | +4405.1% | -0.1013 % change on previous year | 4.36 % change on previous year |
| 1999 | -869.8% | -0.8375 % change on previous year | -8.12 % change on previous year |
| 2021 | +570.4% | -1.25 % change on previous year | 5.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.93 % change on previous year | -0.7228 % change on previous year | 5.1 % change on previous year | 9 |
| 1980s | 2.65 % change on previous year | -0.1013 % change on previous year | 4.36 % change on previous year | 10 |
| 1990s | -7.18 % change on previous year | -24.79 % change on previous year | 3.64 % change on previous year | 10 |
| 2000s | 8.97 % change on previous year | 3.19 % change on previous year | 26.42 % change on previous year | 10 |
| 2010s | 9.72 % change on previous year | -11.08 % change on previous year | 20.71 % change on previous year | 10 |
| 2020s | 3.93 % change on previous year | -1.25 % change on previous year | 5.9 % change on previous year | 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 gross domestic product — value standard local currency, 2015 prices in Sierra Leone?
- Gross domestic product — value standard local currency, 2015 prices in Sierra Leone was 4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Sierra Leone?
- The highest recorded value was 26.42 % change on previous year in 2002.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Sierra Leone?
- The lowest recorded value was -24.79 % change on previous year in 1996.
- How does Sierra Leone rank for gross domestic product — value standard local currency, 2015 prices?
- Sierra Leone ranks 72nd out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Sierra Leone?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.