Gross Domestic Product — Value Standard Local Currency in Sierra Leone
Sierra Leone: Gross Domestic Product — Value Standard Local Currency was 170,484 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Sierra Leone, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Sierra Leone stood at 170,484 million SLC. That is the highest value across all 55 years on record.
The figure is up 24.8% on the previous year and up 651.4% over ten years.
Over the whole period, gross domestic product — value standard local currency in Sierra Leone peaked at 170,484 million SLC in 2024 and was at its lowest, 0.3795 million SLC, in 1970.
That places Sierra Leone 142nd out of 218 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 — Value Standard Local Currency in Sierra Leone, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0.3795 million SLC | — |
| 1971 | 0.4029 million SLC | +6.2% |
| 1972 | 0.4281 million SLC | +6.2% |
| 1973 | 0.4978 million SLC | +16.3% |
| 1974 | 0.6006 million SLC | +20.7% |
| 1975 | 0.6784 million SLC | +12.9% |
| 1976 | 0.7761 million SLC | +14.4% |
| 1977 | 0.911 million SLC | +17.4% |
| 1978 | 1.07 million SLC | +17.9% |
| 1979 | 1.25 million SLC | +16.3% |
| 1980 | 1.4 million SLC | +12.0% |
| 1981 | 1.66 million SLC | +18.3% |
| 1982 | 1.99 million SLC | +20.2% |
| 1983 | 2.63 million SLC | +32.3% |
| 1984 | 4.29 million SLC | +63.2% |
| 1985 | 7.01 million SLC | +63.2% |
| 1986 | 15.53 million SLC | +121.6% |
| 1987 | 27.88 million SLC | +79.5% |
| 1988 | 41.73 million SLC | +49.7% |
| 1989 | 72.46 million SLC | +73.6% |
| 1990 | 133.17 million SLC | +83.8% |
| 1991 | 311.8 million SLC | +134.1% |
| 1992 | 459.66 million SLC | +47.4% |
| 1993 | 590.54 million SLC | +28.5% |
| 1994 | 724.15 million SLC | +22.6% |
| 1995 | 890.07 million SLC | +22.9% |
| 1996 | 1,174 million SLC | +31.9% |
| 1997 | 1,130 million SLC | -3.8% |
| 1998 | 1,423 million SLC | +26.0% |
| 1999 | 1,635 million SLC | +14.9% |
| 2000 | 1,801 million SLC | +10.2% |
| 2001 | 2,166 million SLC | +20.3% |
| 2002 | 2,631 million SLC | +21.5% |
| 2003 | 3,254 million SLC | +23.7% |
| 2004 | 3,913 million SLC | +20.3% |
| 2005 | 4,769 million SLC | +21.9% |
| 2006 | 5,584 million SLC | +17.1% |
| 2007 | 6,444 million SLC | +15.4% |
| 2008 | 7,470 million SLC | +15.9% |
| 2009 | 8,308 million SLC | +11.2% |
| 2010 | 10,256 million SLC | +23.4% |
| 2011 | 12,798 million SLC | +24.8% |
| 2012 | 16,515 million SLC | +29.1% |
| 2013 | 21,317 million SLC | +29.1% |
| 2014 | 22,690 million SLC | +6.4% |
| 2015 | 24,138 million SLC | +6.4% |
| 2016 | 30,388 million SLC | +25.9% |
| 2017 | 38,418 million SLC | +26.4% |
| 2018 | 50,687 million SLC | +31.9% |
| 2019 | 58,779 million SLC | +16.0% |
| 2020 | 65,748 million SLC | +11.9% |
| 2021 | 74,801 million SLC | +13.8% |
| 2022 | 100,007 million SLC | +33.7% |
| 2023 | 136,604 million SLC | +36.6% |
| 2024 | 170,484 million SLC | +24.8% |
Sierra Leone compared with similar countries
- Sierra Leone's 170,484 million SLC is below the median for low income countries, which is 11.93 million million SLC, 1% of the median. (23 countries reporting)
- Sierra Leone's 170,484 million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 2% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 1991 | +134.1% | 133.17 million SLC | 311.8 million SLC |
| 1986 | +121.6% | 7.01 million SLC | 15.53 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6997 million SLC | 0.3795 million SLC | 1.25 million SLC | 10 |
| 1980s | 17.66 million SLC | 1.4 million SLC | 72.46 million SLC | 10 |
| 1990s | 847.01 million SLC | 133.17 million SLC | 1,635 million SLC | 10 |
| 2000s | 4,634 million SLC | 1,801 million SLC | 8,308 million SLC | 10 |
| 2010s | 28,599 million SLC | 10,256 million SLC | 58,779 million SLC | 10 |
| 2020s | 109,529 million SLC | 65,748 million SLC | 170,484 million SLC | 5 |
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 gross domestic product — value standard local currency in Sierra Leone?
- Gross domestic product — value standard local currency in Sierra Leone was 170,484 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Sierra Leone?
- The highest recorded value was 170,484 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Sierra Leone?
- The lowest recorded value was 0.3795 million SLC in 1970.
- How does Sierra Leone rank for gross domestic product — value standard local currency?
- Sierra Leone ranks 142nd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Sierra Leone?
- Over the last ten years it is up 651.4%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).