Current account balance in Sierra Leone
Sierra Leone: Current account balance was -984.26 million BoP, current US$ in 2024. ◆ Volatile
Current account balance in Sierra Leone, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Sierra Leone stood at -984.26 million BoP, current US$.
Compared with earlier readings it is down 95.1% on the previous year and down 108.2% over ten years.
Over the whole period, current account balance in Sierra Leone peaked at 140.74 million BoP, current US$ in 1986 and was at its lowest, -1.91 billion BoP, current US$, in 2011.
Sierra Leone ranks 123rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -113.31 million BoP, current US$ | -178.81 million BoP, current US$ | -49.37 million BoP, current US$ | 3 |
| 1980s | -45.65 million BoP, current US$ | -169.87 million BoP, current US$ | 140.74 million BoP, current US$ | 10 |
| 1990s | -66.24 million BoP, current US$ | -150.50 million BoP, current US$ | 15.34 million BoP, current US$ | 10 |
| 2000s | -137.78 million BoP, current US$ | -326.99 million BoP, current US$ | -73.23 million BoP, current US$ | 10 |
| 2010s | -799.49 million BoP, current US$ | -1.91 billion BoP, current US$ | -293.88 million BoP, current US$ | 10 |
| 2020s | -570.82 million BoP, current US$ | -984.26 million BoP, current US$ | -390.42 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 120 North Macedonia -814.98 million BoP, current US$ compare
- 121 Botswana -821.14 million BoP, current US$ compare
- 122 Burkina Faso -918.24 million BoP, current US$ compare
- 125 Georgia -1.01 billion BoP, current US$ compare
- 126 Bosnia and Herzegovina -1.02 billion BoP, current US$ compare
More economy & growth data for Sierra Leone
- Imports of goods and services 4.24 billion constant 2015 US$ (2025)
- External balance on goods and services -12.37 billion current LCU (2025)
- External balance on goods and services -545.92 million current US$ (2025)
- Imports of goods and services 28.2% (2025)
- Imports of goods and services 11.7% (2025)
- Imports of goods and services 2.11 billion current US$ (2025)
- Gross capital formation 18.7% (2025)
- Gross capital formation 23.2% (2025)
- External balance on goods and services -7.3% (2025)
- Imports of goods and services 47.70 billion current LCU (2025)
Frequently asked questions
- What is current account balance in Sierra Leone?
- Current account balance in Sierra Leone was -984.26 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Sierra Leone?
- The highest recorded value was 140.74 million BoP, current US$ in 1986.
- What is the lowest current account balance recorded in Sierra Leone?
- The lowest recorded value was -1.91 billion BoP, current US$ in 2011.
- How does Sierra Leone rank for current account balance?
- Sierra Leone ranks 123rd out of 199 countries with data for 2024.
- Is current account balance rising or falling in Sierra Leone?
- Over the last ten years it is down 108.2%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.