Volume of remittances (in United States dollars) as a proportion of in Sierra Leone
Sierra Leone: Volume of remittances (in United States dollars) as a proportion of was 4.6% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Sierra Leone, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Sierra Leone stood at 4.6%. That is the highest value across all 25 years on record.
The figure is up 0.8% on the previous year and up 466.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Sierra Leone peaked at 4.6% in 2024 and was at its lowest, 0.1%, in 2005.
Sierra Leone ranks 71st of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | 0.4% | -67.1% |
| 2002 | 1.1% | +205.2% |
| 2003 | 1.2% | +7.1% |
| 2004 | 1.1% | -8.6% |
| 2005 | 0.1% | -91.3% |
| 2006 | 0.5% | +400.3% |
| 2007 | 1.2% | +141.4% |
| 2008 | 0.5% | -53.0% |
| 2009 | 0.9% | +67.2% |
| 2010 | 1.0% | +14.2% |
| 2011 | 1.2% | +16.6% |
| 2012 | 1.1% | -13.1% |
| 2013 | 0.9% | -11.6% |
| 2014 | 0.8% | -12.5% |
| 2015 | 0.7% | -12.6% |
| 2016 | 1.0% | +34.9% |
| 2017 | 1.1% | +15.5% |
| 2018 | 1.1% | +3.7% |
| 2019 | 2.7% | +137.5% |
| 2020 | 2.6% | -2.7% |
| 2021 | 2.6% | -3.1% |
| 2022 | 4.1% | +59.4% |
| 2023 | 4.6% | +11.7% |
| 2024 | 4.6% | +0.8% |
Sierra Leone compared with similar countries
- Sierra Leone's 4.6% is above the median for low income countries, which is 3.8%, 1.2× the median. (18 countries reporting)
- Sierra Leone's 4.6% is above the median for Sub-Saharan Africa, which is 2.9%, 1.6× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2006 | +400.3% | 0.1% | 0.5% |
| 2002 | +205.2% | 0.4% | 1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.1% | 1.2% | 10 |
| 2010s | 1.2% | 0.7% | 2.7% | 10 |
| 2020s | 3.7% | 2.6% | 4.6% | 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 volume of remittances (in united states dollars) as a proportion of in Sierra Leone?
- Volume of remittances (in united states dollars) as a proportion of in Sierra Leone was 4.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Sierra Leone?
- The highest recorded value was 4.6% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Sierra Leone?
- The lowest recorded value was 0.1% in 2005.
- How does Sierra Leone rank for volume of remittances (in united states dollars) as a proportion of?
- Sierra Leone ranks 71st out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Sierra Leone?
- Over the last ten years it is up 466.6%. 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 Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).