Latest value (2024)
$6.97B
$6.97B
Year-over-year change
8.65%
8.65%
Historical peak
$7.69B
$7.69B
Historical low
$322.01M
$322.01M
Year-by-Year Detail
| Year | Value | YoY Change |
|---|---|---|
| 2024 | $6.97B | +8.7% |
| 2023 | $6.42B | -9.9% |
| 2022 | $7.12B | -0.6% |
| 2021 | $7.17B | +7.2% |
| 2020 | $6.69B | +2.5% |
| 2019 | $6.52B | +2.1% |
| 2018 | $6.39B | +11.1% |
| 2017 | $5.75B | -5.5% |
| 2016 | $6.08B | -10.4% |
| 2015 | $6.79B | -11.7% |
| 2014 | $7.69B | +2.4% |
| 2013 | $7.50B | +22.2% |
| 2012 | $6.14B | +26.3% |
| 2011 | $4.86B | +14.0% |
| 2010 | $4.26B | +7.8% |
| 2009 | $3.95B | -4.9% |
| 2008 | $4.16B | +14.4% |
| 2007 | $3.63B | +11.3% |
| 2006 | $3.26B | +28.2% |
| 2005 | $2.55B | +13.8% |
| 2004 | $2.24B | +4.4% |
| 2003 | $2.14B | +10.8% |
| 2002 | $1.93B | +15.0% |
| 2001 | $1.68B | +164.4% |
| 2000 | $635.87M | -5.0% |
| 1999 | $669.39M | -0.4% |
| 1998 | $672.37M | -20.9% |
| 1997 | $850.23M | -9.7% |
| 1996 | $941.71M | +8.2% |
| 1995 | $870.74M | -4.5% |
| 1994 | $911.85M | +18.6% |
| 1993 | $768.87M | +13.1% |
| 1992 | $679.94M | -12.8% |
| 1991 | $779.98M | +20.1% |
| 1990 | $649.64M | -30.4% |
| 1989 | $932.97M | -11.6% |
| 1988 | $1.06B | +59.8% |
| 1987 | $660.11M | +34.7% |
| 1986 | $490.18M | -42.8% |
| 1985 | $856.89M | -21.2% |
| 1984 | $1.09B | +9.3% |
| 1983 | $995.10M | -23.2% |
| 1982 | $1.30B | +16.2% |
| 1981 | $1.11B | +1.3% |
| 1980 | $1.10B | -0.8% |
| 1979 | $1.11B | +15.5% |
| 1978 | $960.73M | +38.9% |
| 1977 | $691.78M | +16.3% |
| 1976 | $594.90M | -12.4% |
| 1975 | $679.34M | +4.7% |
| 1974 | $648.59M | +12.8% |
| 1973 | $575.23M | +23.6% |
| 1972 | $465.38M | +10.9% |
| 1971 | $419.55M | -3.4% |
| 1970 | $434.41M | +6.3% |
| 1969 | $408.69M | +23.9% |
| 1968 | $329.86M | -5.4% |
| 1967 | $348.80M | -7.1% |
| 1966 | $375.48M | +4.5% |
| 1965 | $359.38M | -3.4% |
| 1964 | $371.85M | +6.7% |
| 1963 | $348.55M | +1.7% |
| 1962 | $342.72M | +4.5% |
| 1961 | $327.83M | +1.8% |
| 1960 | $322.01M | — |
Time Series (1960–2024)
1960
1992
2024
1992
2024
Notable Inflection Points
- 1982 — local peak at $1.30B.
- 2014 — local peak at $7.69B.
- 2017 — local trough at $5.75B.
- 2021 — local peak at $7.17B.
Trend Analysis
| Metric | Value |
|---|---|
| Compound annual growth rate (1960–2024) | +4.92% |
| Coefficient of variation | 105.6% |
| Long-run mean | $2.31B |
| Long-run median | $941.71M |
| Observations | 65 |
Decade Averages
| Decade | Mean | Low | High | Obs. |
|---|---|---|---|---|
| 1960s | $353.52M | $322.01M | $408.69M | 10 |
| 1970s | $657.93M | $419.55M | $1.11B | 10 |
| 1980s | $958.87M | $490.18M | $1.30B | 10 |
| 1990s | $779.47M | $649.64M | $941.71M | 10 |
| 2000s | $2.62B | $635.87M | $4.16B | 10 |
| 2010s | $6.20B | $4.26B | $7.69B | 10 |
| 2020s | $6.87B | $6.42B | $7.17B | 5 |
IMF forward projection (WEO 2026-04)
insights
IMF projection — revised twice yearly
| Year | Projected value | vs 2024 (actual) |
|---|---|---|
| 2025F | $7.71B | +10.6% |
| 2026F | $8.27B | +18.6% |
| 2027F | $8.65B | +24.1% |
| 2028F | $9.04B | +29.7% |
| 2029F | $9.49B | +36.1% |
F Forecast from the IMF World Economic Outlook (WEO 2026-04). Actual World Bank reading stops at 2024.
Sierra Leone in 2024: Development Context
Health
| Indicator | 2024 |
|---|---|
| Birth Rate (per 1,000 people) | 30.11 per 1,000 |
| Death Rate (per 1,000 people) | 8.21 per 1,000 |
| Life Expectancy at Birth (years) | 61.96 years |
Environment
| Indicator | 2024 |
|---|---|
| CO2 Emissions (metric tons per capita) | 0.169 metric tons/capita |
| Other Greenhouse Gas Emissions | 7.93 |
Governance
| Indicator | 2024 |
|---|---|
| Control of Corruption (Estimate) | -0.702 |
| Control of Corruption (Std. Error) | 0.154 |
| Government Effectiveness (Estimate) | -0.967 |
| Government Effectiveness (Std. Error) | 0.184 |
| Individuals Using the Internet (% of population) | 25.1% |
| Political Stability (Estimate) | -0.450 |
| Political Stability (Std. Error) | 0.238 |
| Regulatory Quality (Estimate) | -1.06 |
| Regulatory Quality (Std. Error) | 0.155 |
| Rule of Law (Estimate) | -0.839 |
| Rule of Law (Std. Error) | 0.137 |
| Statistical Performance Indicators | 59.94 |
| Voice and Accountability (Estimate) | -0.513 |
| Voice and Accountability (Std. Error) | 0.142 |
Economic
| Indicator | 2024 |
|---|---|
| Inflation, Consumer Prices (annual %) | 28.63% |
| Military Expenditure (% of GDP) | 0.463% |
| Real Interest Rate (%) | 9.17 |
| Risk Premium on Lending (%) | 11.82 |
| Trade in Services (% of GDP) | 8.08% |
Demographics
| Indicator | 2024 |
|---|---|
| Population, Total | 8.64M people |
| Rural Population | 4.72M people |
Source: World Bank — World Development Indicators. Data licensed CC BY 4.0.