Revenue Statistics in Africa - Comparative tax and non-tax revenues in Sierra Leone
Sierra Leone: Revenue Statistics in Africa - Comparative tax and non-tax revenues was 7.36 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Sierra Leone, 2001–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in africa - comparative tax and non-tax revenues in Sierra Leone is 7.36 Percentage of GDP, measured in 2024.
That represents a change of up 10.6% on the previous year and up 10.5% over ten years.
Over the whole period, revenue statistics in africa - comparative tax and non-tax revenues in Sierra Leone peaked at 8.29 Percentage of GDP in 2019 and was at its lowest, 4.73 Percentage of GDP, in 2005.
That places Sierra Leone 33rd out of 36 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Sierra Leone, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 5.76 Percentage of GDP | — |
| 2002 | 5.5 Percentage of GDP | -4.6% |
| 2003 | 5.31 Percentage of GDP | -3.4% |
| 2004 | 5.28 Percentage of GDP | -0.5% |
| 2005 | 4.73 Percentage of GDP | -10.5% |
| 2006 | 4.9 Percentage of GDP | +3.6% |
| 2007 | 4.75 Percentage of GDP | -3.1% |
| 2008 | 5.18 Percentage of GDP | +9.1% |
| 2009 | 5.3 Percentage of GDP | +2.3% |
| 2010 | 5.6 Percentage of GDP | +5.6% |
| 2011 | 5.59 Percentage of GDP | -0.1% |
| 2012 | 6.39 Percentage of GDP | +14.2% |
| 2013 | 6.08 Percentage of GDP | -4.7% |
| 2014 | 6.66 Percentage of GDP | +9.5% |
| 2015 | 6.23 Percentage of GDP | -6.5% |
| 2016 | 6.81 Percentage of GDP | +9.3% |
| 2017 | 6.87 Percentage of GDP | +0.8% |
| 2018 | 7.97 Percentage of GDP | +16.0% |
| 2019 | 8.29 Percentage of GDP | +4.1% |
| 2020 | 7.59 Percentage of GDP | -8.5% |
| 2021 | 7.88 Percentage of GDP | +3.8% |
| 2022 | 6.57 Percentage of GDP | -16.7% |
| 2023 | 6.66 Percentage of GDP | +1.4% |
| 2024 | 7.36 Percentage of GDP | +10.6% |
Sierra Leone compared with similar countries
- Sierra Leone's 7.36 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 50% of the median. (32 countries reporting)
- Sierra Leone's 7.36 Percentage of GDP is below the median for low income countries, which is 12.19 Percentage of GDP, 60% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.19 Percentage of GDP | 4.73 Percentage of GDP | 5.76 Percentage of GDP | 9 |
| 2010s | 6.65 Percentage of GDP | 5.59 Percentage of GDP | 8.29 Percentage of GDP | 10 |
| 2020s | 7.21 Percentage of GDP | 6.57 Percentage of GDP | 7.88 Percentage of GDP | 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 revenue statistics in africa - comparative tax and non-tax revenues in Sierra Leone?
- Revenue statistics in africa - comparative tax and non-tax revenues in Sierra Leone was 7.36 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in africa - comparative tax and non-tax revenues recorded in Sierra Leone?
- The highest recorded value was 8.29 Percentage of GDP in 2019.
- What is the lowest revenue statistics in africa - comparative tax and non-tax revenues recorded in Sierra Leone?
- The lowest recorded value was 4.73 Percentage of GDP in 2005.
- How does Sierra Leone rank for revenue statistics in africa - comparative tax and non-tax revenues?
- Sierra Leone ranks 33rd out of 36 countries with data for 2024.
- Is revenue statistics in africa - comparative tax and non-tax revenues rising or falling in Sierra Leone?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
- Where does this Sierra Leone data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Africa - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Africa countries presented as a percentage of GDP and as a share of total tax or non-tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.