Sierra Leone Govt Education Spending 2023: 2.62% (-46.5% YoY)

Latest value (2023) 2.62% Year-over-year change -46.52% Historical peak 5.59% Historical low 1.45% Year-by-Year Detail YearValueYoY Change 20232.62%-46.5% 20224.91%-12.3% 20215.59%+4.6% 20205.35%+14.9% 20194.65%+4.1% 20184.47%+48.2% 20173.02%+63.1% 20161.85%-42.6% 20153.22%+85.2% 20141.74%+11.3% 20131.56%-12.2% 20121.78%+10.1% 20111.62%+3.2% 20101.57%-9.2% 20091.72%+18.6% 20081.45%-4.3% 20071.52%— 20051.81%-9.8% 20042.01%-4.6% 20032.11%-8.2% 20022.3%+3.2%…

Last updated: April 19, 2026

Latest value (2023)
2.62%
Year-over-year change
-46.52%
Historical peak
5.59%
Historical low
1.45%

Year-by-Year Detail

Year Value YoY Change
2023 2.62% -46.5%
2022 4.91% -12.3%
2021 5.59% +4.6%
2020 5.35% +14.9%
2019 4.65% +4.1%
2018 4.47% +48.2%
2017 3.02% +63.1%
2016 1.85% -42.6%
2015 3.22% +85.2%
2014 1.74% +11.3%
2013 1.56% -12.2%
2012 1.78% +10.1%
2011 1.62% +3.2%
2010 1.57% -9.2%
2009 1.72% +18.6%
2008 1.45% -4.3%
2007 1.52%
2005 1.81% -9.8%
2004 2.01% -4.6%
2003 2.11% -8.2%
2002 2.3% +3.2%
2001 2.23% -55.0%
2000 4.95%

Time Series (2000–2023)

5.59% 4.56% 3.52% 2.49% 1.45%

2000
2012
2023

Notable Inflection Points

  • 2009 — local peak at 1.72%.
  • 2012 — local peak at 1.78%.
  • 2015 — local peak at 3.22%.
  • 2021 — local peak at 5.59%.

Trend Analysis

Metric Value
Compound annual growth rate (2000–2023) -2.72%
Coefficient of variation 50.0%
Long-run mean 2.78%
Long-run median 2.11%
Observations 23

Decade Averages

Decade Mean Low High Obs.
2000s 2.23% 1.45% 4.95% 9
2010s 2.55% 1.56% 4.65% 10
2020s 4.62% 2.62% 5.59% 4

Sierra Leone in 2023: Development Context

Environment

Indicator 2023
Access to Electricity (% of population) 35.5%
Agricultural Land (% of land area) 54.71%
CO2 Emissions (metric tons per capita) 0.167 metric tons/capita
Forest Land (% of land area) 34.3%
Land Area (sq. km) 72,180 sq. km
Other Greenhouse Gas Emissions 7.79

Health

Indicator 2023
Birth Rate (per 1,000 people) 30.60 per 1,000
Death Rate (per 1,000 people) 8.29 per 1,000
Government Health Expenditure (% of GDP) 0.789%
Life Expectancy at Birth (years) 61.79 years

Governance

Indicator 2023
Control of Corruption (Estimate) -0.569
Control of Corruption (Std. Error) 0.154
Government Effectiveness (Estimate) -0.954
Government Effectiveness (Std. Error) 0.184
Individuals Using the Internet (% of population) 23.71%
Political Stability (Estimate) -0.556
Political Stability (Std. Error) 0.238
Regulatory Quality (Estimate) -0.999
Regulatory Quality (Std. Error) 0.155
Rule of Law (Estimate) -0.827
Rule of Law (Std. Error) 0.137
Statistical Performance Indicators 61.11
Voice and Accountability (Estimate) -0.466
Voice and Accountability (Std. Error) 0.142

Economic

Indicator 2023
GDP (current US$) $6.42B
Inflation, Consumer Prices (annual %) 47.64%
Military Expenditure (% of GDP) 0.603%
Real Interest Rate (%) -7.44
Risk Premium on Lending (%) 18.25
Time to Get Operating License (days) 17.93
Trade in Services (% of GDP) 6.59%

Demographics

Indicator 2023
Population Density (people per sq. km) 117.21 per sq. km
Population, Total 8.46M people
Rural Population 4.67M people

Source: World Bank — World Development Indicators. Data licensed CC BY 4.0.

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