Net trade in goods and services in Sierra Leone
Sierra Leone: Net trade in goods and services was -1.31 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Sierra Leone, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Sierra Leone stood at -1.31 billion BoP, current US$.
Compared with earlier readings it is down 56.5% on the previous year and up 4.0% over ten years.
Over the whole period, net trade in goods and services in Sierra Leone peaked at 26.03 million BoP, current US$ in 1987 and was at its lowest, -1.95 billion BoP, current US$, in 2011.
Sierra Leone ranks 130th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -106.21 million BoP, current US$ | -166.04 million BoP, current US$ | -54.69 million BoP, current US$ | 3 |
| 1980s | -61.10 million BoP, current US$ | -195.75 million BoP, current US$ | 26.03 million BoP, current US$ | 10 |
| 1990s | -81.16 million BoP, current US$ | -224.55 million BoP, current US$ | 14.75 million BoP, current US$ | 10 |
| 2000s | -213.21 million BoP, current US$ | -381.30 million BoP, current US$ | -132.66 million BoP, current US$ | 10 |
| 2010s | -1.03 billion BoP, current US$ | -1.95 billion BoP, current US$ | -502.82 million BoP, current US$ | 10 |
| 2020s | -959.95 million BoP, current US$ | -1.31 billion BoP, current US$ | -791.99 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 127 Lesotho -1.21 billion BoP, current US$ compare
- 128 Niger -1.27 billion BoP, current US$ compare
- 129 Mali -1.29 billion BoP, current US$ compare
- 131 Mauritania -1.32 billion BoP, current US$ compare
- 132 Madagascar -1.32 billion BoP, current US$ compare
- 133 Bulgaria -1.37 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 net trade in goods and services in Sierra Leone?
- Net trade in goods and services in Sierra Leone was -1.31 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Sierra Leone?
- The highest recorded value was 26.03 million BoP, current US$ in 1987.
- What is the lowest net trade in goods and services recorded in Sierra Leone?
- The lowest recorded value was -1.95 billion BoP, current US$ in 2011.
- How does Sierra Leone rank for net trade in goods and services?
- Sierra Leone ranks 130th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Sierra Leone?
- Over the last ten years it is up 4.0%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.