Economy of Sierra Leone

Imports

Imports commoditiesfoodstuffs, machinery and equipment, fuels and lubricants, chemicals

Import partnersChina 16.5%, India 10.2%, South Africa 7.6%, US 6.7%, UK 6.7%, Belgium 4.6% (2012)

Exports

Exports commoditiesdiamonds, rutile, cocoa, coffee, fish

Export partnersChina 51.1%, Belgium 18.2%, Japan 7.7%, Turkey 4.8% (2012)

Economy sectors

Agriculture productsrice, coffee, cocoa, palm kernels, palm oil, peanuts; poultry, cattle, sheep, pigs; fish

Industrial productsdiamond mining; small-scale manufacturing (beverages, textiles, cigarettes, footwear); petroleum refining, small commercial ship repair

Economy

Unemployment3.40 % (2011)3.40 % (2010)

GDP - Official Exchange Rate4.61 Billion $ (2013)3.74 Billion $ (2012)2.93 Billion $ (2011)

GDP - Official Exchange Rate of Sierra Leone

GDP growth rate13.3 % (2013)15.2 % (2012)6.00 % (2011)

GDP per Capita (PPP)1,400 $ (2013)1,300 $ (2012)1,200 $ (2011)

GDP - Purchasing Power Parity9.16 Billion $ (2013)7.97 Billion $ (2012)6.91 Billion $ (2011)

GDP - Purchasing Power Parity of Sierra Leone

GDP PPP per land area128 Thousand $ per square kilometer (2013)111 Thousand $ per square kilometer (2012)96,264 $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity102 Thousand kW

Banking

Central bank discount rate0.00 % (2008)

Commercial bank prime lending rate20.5 % (2013)21.0 % (2012)21.0 % (2011)

Commercial bank prime lending rate of Sierra Leone

GDP decomposition by sector

Agriculture % of GDP47.9 % (2013)51.8 % (2012)

Industry % of GDP18.6 % (2013)15.0 % (2012)

Services % of GDP33.5 % (2013)33.2 % (2012)

Tourism

International tourism, number of arrivals60,000 (2012)52,000 (2011)39,000 (2010)

International tourism, number of departures104 Thousand (2012)99,000 (2011)76,000 (2010)

International tourism, number of departures of Sierra Leone

Yearly Tourist arrivals to residents ratio1.09 % (2012)0.97 % (2011)0.68 % (2010)

Yearly Tourist arrivals to residents ratio of Sierra Leone

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)31.1 % of GDP (2013)36.5 % of GDP (2012)80.8 % of GDP (2011)

Public debt (Percentage of GDP) of Sierra Leone

Budget surplus (+) or deficit (-)-5.30 % of GDP

Current Account Balance (Percentage of GDP)-29.10 % of GDP (2012)-65.26 % of GDP (2011)-22.70 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Sierra Leone

External Debt Stocks (Percentage of GNI)29.5 % of GNI (2012)36.2 % of GNI (2011)36.9 % of GNI (2010)

External Debt Stocks (Percentage of GNI) of Sierra Leone

Short-term debt (percentage of total external debt)1.25 % of total external debt (2012)3.33 % of total external debt (2011)0.44 % of total external debt (2010)

Short-term debt (percentage of total external debt) of Sierra Leone

Current Account Balance (Total)-463.30 Million $ (2013)-862.50 Million $ (2012)-1.15 Billion $ (2011)

Current Account Balance (Total) of Sierra Leone

External Debt (Total)1.33 Billion $ (2013)1.17 Billion $ (2012)830 Million $ (2011)

External Debt (Percentage of GDP)28.9 % of GDP (2013)31.4 % of GDP (2012)28.3 % of GDP (2011)

External Debt (Percentage of GDP) of Sierra Leone

External Debt per Capita237 $ (2013)214 $ (2012)155 $ (2011)

External Debt per Capita of Sierra Leone