Net trade in goods in Sierra Leone
Sierra Leone: Net trade in goods was -850.37 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Sierra Leone, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Sierra Leone stood at -850.37 million BoP, current US$.
Compared with earlier readings it is down 69.3% on the previous year and down 153.0% over ten years.
Over the whole period, net trade in goods in Sierra Leone peaked at 27.15 million BoP, current US$ in 1987 and was at its lowest, -1.67 billion BoP, current US$, in 2011.
That places Sierra Leone 105th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -66.28 million BoP, current US$ | -124.70 million BoP, current US$ | -14.74 million BoP, current US$ | 3 |
| 1980s | -44.81 million BoP, current US$ | -159.27 million BoP, current US$ | 27.15 million BoP, current US$ | 10 |
| 1990s | -61.15 million BoP, current US$ | -179.72 million BoP, current US$ | 11.36 million BoP, current US$ | 10 |
| 2000s | -170.79 million BoP, current US$ | -349.85 million BoP, current US$ | -88.69 million BoP, current US$ | 10 |
| 2010s | -593.90 million BoP, current US$ | -1.67 billion BoP, current US$ | -34.91 million BoP, current US$ | 10 |
| 2020s | -684.33 million BoP, current US$ | -850.37 million BoP, current US$ | -502.30 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 102 Lesotho -756.75 million BoP, current US$ compare
- 103 Seychelles -790.40 million BoP, current US$ compare
- 104 Barbados -820.85 million BoP, current US$ compare
- 106 Costa Rica -924.51 million BoP, current US$ compare
- 107 Sint Maarten (Dutch part) -927.19 million BoP, current US$ compare
- 108 New Caledonia -931.90 million 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 in Sierra Leone?
- Net trade in goods in Sierra Leone was -850.37 million 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 recorded in Sierra Leone?
- The highest recorded value was 27.15 million BoP, current US$ in 1987.
- What is the lowest net trade in goods recorded in Sierra Leone?
- The lowest recorded value was -1.67 billion BoP, current US$ in 2011.
- How does Sierra Leone rank for net trade in goods?
- Sierra Leone ranks 105th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Sierra Leone?
- Over the last ten years it is down 153.0%. 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 (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 is the difference between the exports and imports of goods. 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.