Sierra Leone 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$6.41 billion
↓ 9.93% vs 2022GDP per Capita
$757.86
↓ 11.89% vs 2022GDP Growth (Annual %)
5.71%
↑ 0.40pp vs 2022Inflation Rate (CPI %)
47.64%
↑ 20.43pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $7.12 billion | $6.41 billion | -9.93% |
| GDP per Capita | $860.13 | $757.86 | -11.89% |
| GDP Growth (Annual %) | 5.31% | 5.71% | +0.40pp |
| Inflation (CPI %) | 27.21% | 47.64% | +20.43pp |
| Unemployment Rate (%) | 3.18% | 3.15% | -0.02pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $6.41 billion
- GDP per Capita
- $757.86
- GDP Growth (Annual %)
- 5.71%
- Gross National Income
- $6.36 billion
Prices & Employment
- Inflation (CPI %)
- 47.64%
- Inflation (GDP Deflator %)
- 29.22%
- Unemployment Rate (%)
- 3.15%
- Interest Rate (Real %)
- -7.41%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -9.46%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Sierra Leone's Gross Domestic Product (GDP) is $6.41 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Sierra Leone for 2023 is $757.86. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Sierra Leone for 2023 is 47.64%. This measures the annual percentage change in the cost of consumer goods and services.
Sierra Leone's annual GDP growth rate for 2023 is 5.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Sierra Leone for 2023 is 3.15%. This represents the percentage of the labor force that is unemployed and actively seeking employment.