Gross Fixed Capital Formation — Value Standard Local Currency in Sierra Leone
Sierra Leone: Gross Fixed Capital Formation — Value Standard Local Currency was 50,285 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Sierra Leone, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Sierra Leone recorded 50,285 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 55 years on record.
The figure is up 85.8% on the previous year and up 1,590.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Sierra Leone peaked at 50,285 million SLC in 2024 and was at its lowest, 0.0497 million SLC, in 1972.
Sierra Leone ranks 145th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Sierra Leone, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0.0523 million SLC | — |
| 1971 | 0.0514 million SLC | -1.7% |
| 1972 | 0.0497 million SLC | -3.3% |
| 1973 | 0.0577 million SLC | +16.1% |
| 1974 | 0.076 million SLC | +31.7% |
| 1975 | 0.0874 million SLC | +15.0% |
| 1976 | 0.0903 million SLC | +3.3% |
| 1977 | 0.1034 million SLC | +14.6% |
| 1978 | 0.1303 million SLC | +26.0% |
| 1979 | 0.1714 million SLC | +31.6% |
| 1980 | 0.2332 million SLC | +36.0% |
| 1981 | 0.252 million SLC | +8.1% |
| 1982 | 0.2515 million SLC | -0.2% |
| 1983 | 0.324 million SLC | +28.9% |
| 1984 | 0.4321 million SLC | +33.3% |
| 1985 | 0.6595 million SLC | +52.6% |
| 1986 | 1.48 million SLC | +123.9% |
| 1987 | 2.36 million SLC | +59.8% |
| 1988 | 4.49 million SLC | +90.1% |
| 1989 | 9.6 million SLC | +114.0% |
| 1990 | 12.72 million SLC | +32.5% |
| 1991 | 26.59 million SLC | +109.0% |
| 1992 | 38.15 million SLC | +43.5% |
| 1993 | 45.47 million SLC | +19.2% |
| 1994 | 61.55 million SLC | +35.4% |
| 1995 | 49.84 million SLC | -19.0% |
| 1996 | 117.55 million SLC | +135.8% |
| 1997 | 49.14 million SLC | -58.2% |
| 1998 | 78.2 million SLC | +59.1% |
| 1999 | 56.89 million SLC | -27.3% |
| 2000 | 123.8 million SLC | +117.6% |
| 2001 | 221.57 million SLC | +79.0% |
| 2002 | 285.58 million SLC | +28.9% |
| 2003 | 350.78 million SLC | +22.8% |
| 2004 | 387.12 million SLC | +10.4% |
| 2005 | 519.27 million SLC | +34.1% |
| 2006 | 542.81 million SLC | +4.5% |
| 2007 | 586.07 million SLC | +8.0% |
| 2008 | 684.42 million SLC | +16.8% |
| 2009 | 799.4 million SLC | +16.8% |
| 2010 | 3,150 million SLC | +294.1% |
| 2011 | 5,316 million SLC | +68.8% |
| 2012 | 4,228 million SLC | -20.5% |
| 2013 | 3,080 million SLC | -27.1% |
| 2014 | 2,975 million SLC | -3.4% |
| 2015 | 3,860 million SLC | +29.8% |
| 2016 | 4,865 million SLC | +26.0% |
| 2017 | 6,786 million SLC | +39.5% |
| 2018 | 7,799 million SLC | +14.9% |
| 2019 | 10,226 million SLC | +31.1% |
| 2020 | 10,200 million SLC | -0.3% |
| 2021 | 12,180 million SLC | +19.4% |
| 2022 | 18,676 million SLC | +53.3% |
| 2023 | 27,067 million SLC | +44.9% |
| 2024 | 50,285 million SLC | +85.8% |
Sierra Leone compared with similar countries
- Sierra Leone's 50,285 million SLC is below the median for low income countries, which is 2.25 million million SLC, 2% of the median. (23 countries reporting)
- Sierra Leone's 50,285 million SLC is below the median for Sub-Saharan Africa, which is 1.26 million million SLC, 4% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — 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 |
|---|---|---|---|
| 2010 | +294.1% | 799.4 million SLC | 3,150 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.087 million SLC | 0.0497 million SLC | 0.1714 million SLC | 10 |
| 1980s | 2.01 million SLC | 0.2332 million SLC | 9.6 million SLC | 10 |
| 1990s | 53.61 million SLC | 12.72 million SLC | 117.55 million SLC | 10 |
| 2000s | 450.08 million SLC | 123.8 million SLC | 799.4 million SLC | 10 |
| 2010s | 5,228 million SLC | 2,975 million SLC | 10,226 million SLC | 10 |
| 2020s | 23,682 million SLC | 10,200 million SLC | 50,285 million SLC | 5 |
Countries ranked near Sierra Leone
- 142 China, Macao SAR 55,484 million SLC compare
- 143 Tajikistan 54,524 million SLC compare
- 144 Cabo Verde 52,503 million SLC compare
- 146 Vanuatu 46,289 million SLC compare
- 147 Maldives 38,101 million SLC compare
- 148 Greece 36,467 million SLC compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0381 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Sierra Leone?
- Gross fixed capital formation — value standard local currency in Sierra Leone was 50,285 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Sierra Leone?
- The highest recorded value was 50,285 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Sierra Leone?
- The lowest recorded value was 0.0497 million SLC in 1972.
- How does Sierra Leone rank for gross fixed capital formation — value standard local currency?
- Sierra Leone ranks 145th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Sierra Leone?
- Over the last ten years it is up 1,590.5%. 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 Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).