Sierra Leone GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$806.65

Source: world bank Nominal/PPP
Summary:

Sierra Leone GDP Per Capita expanded from 1960 to 2024, increasing from $141.96 to $806.65 .The compound annual growth rate (CAGR) averaged 2.75% over the period. The economy recorded its peak level in 2014 and its lowest level in 1968. Growth volatility remained high. The maximum drawdown reached 65.41%, indicating the largest cyclical decline from peak levels. The country experienced 16 recession episode(s) during the observed period.

Latest GDP Per Capita of Sierra Leone 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 806.65 dollars$ 3,522.31 Int dollars
Growth (YoY)6.373%4.572%
Net Change vs Previous Year$ 48.33 dollars$ 153.99 Int dollars
% of World GDP Per Capita0.73%1.76%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Sierra Leone GDP | Sierra Leone GDP Growth

Sierra Leone Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960141.96-----
1961142.280.320.224 %---
1962146.324.052.844 %---
1963146.31-0.01-0.008 %---
1964153.387.074.831 %---
1965145.58-7.8-5.086 %---
1966149.323.742.57 %---
1967136.12-13.2-8.838 %---
1968126.31-9.81-7.209 %---
1969153.5627.2621.578 %---
1970160.166.64.298 %---
1971151.83-8.33-5.201 %---
1972165.3613.528.907 %---
1973200.6435.2821.338 %---
1974222.0921.4410.687 %---
1975228.376.292.832 %---
1976196.41-31.96-13.996 %---
1977224.2127.814.155 %---
1978305.4381.2136.222 %---
1979345.8740.4413.241 %---
1980336.39-9.48-2.742 %---
1981333.89-2.5-0.743 %---
1982380.0746.1913.833 %---
1983285.81-94.26-24.8 %---
1984305.5819.766.914 %---
1985235.51-70.07-22.929 %---
1986131.47-104.04-44.175 %---
1987172.3640.8931.102 %---
1988268.1695.855.578 %---
1989231.28-36.89-13.755 %---
1990154.79-76.48-33.069 %1382.02--
1991183.6928.8918.665 %1445.3463.324.581 %
1992163.2-20.49-11.154 %1220.17-225.17-15.579 %
1993184.9521.7513.33 %1269.0848.94.008 %
1994218.5133.5618.143 %1266.07-3.01-0.237 %
1995208.35-10.16-4.648 %1187.48-78.59-6.207 %
1996224.2615.917.635 %1224.5637.083.122 %
1997199.88-24.38-10.871 %1157.44-67.12-5.481 %
1998156.52-43.36-21.694 %1179.6722.231.921 %
1999155.02-1.5-0.957 %1166.64-13.03-1.105 %
2000143.74-11.28-7.275 %1242.0775.436.466 %
2001358.32214.57149.274 %1121.24-120.83-9.728 %
200238930.688.562 %1359.92238.6721.287 %
2003413.8224.826.381 %1457.897.887.198 %
2004417.753.930.95 %1541.0183.25.708 %
2005462.6344.8810.744 %1614.573.54.769 %
2006580.27117.6325.427 %1697.783.195.153 %
2007631.8951.628.896 %1769.7872.084.246 %
2008705.3673.4711.627 %1824.2454.473.078 %
2009652.85-52.51-7.445 %1814.07-10.17-0.558 %
2010685.0432.194.931 %1900.3986.314.758 %
2011761.1576.1111.11 %2042.7142.317.489 %
2012937.5176.3623.17 %2317.19274.4913.438 %
20131117.47179.9719.196 %2700.74383.5516.552 %
20141117.760.290.026 %2762.0561.312.27 %
2015964.58-153.18-13.704 %2560.05-202-7.313 %
2016844.42-120.16-12.457 %2634.9374.882.925 %
2017779.19-65.23-7.725 %2501.45-133.47-5.065 %
2018845.9166.738.564 %2640.48139.025.558 %
2019843.71-2.2-0.26 %2704.0663.582.408 %
2020845.281.570.185 %2719.0715.010.555 %
2021885.440.124.746 %2849.39130.324.793 %
2022860.37-25.03-2.826 %3143.96294.5810.338 %
2023758.33-102.04-11.86 %3368.32224.357.136 %
2024806.6548.336.373 %3522.31153.994.572 %

Sierra Leone Economic Phases (1960 - 2024)

From 1960 to 2024, Sierra Leone economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1961–1962) indicating steady moderate growth
  • Contraction (1967–1968) indicating temporary slowdown
  • High Growth (1972–1974) indicating robust economic expansion
  • High Growth (1977–1979) indicating robust economic expansion
  • Contraction (1980–1981) indicating temporary slowdown
  • Crisis (1985–1986) indicating severe economic downturn
  • High Growth (1987–1988) indicating robust economic expansion
  • Crisis (1989–1990) indicating severe economic downturn
  • High Growth (1993–1994) indicating robust economic expansion
  • Crisis (1997–1998) indicating severe economic downturn
  • Contraction (1999–2000) indicating temporary slowdown
  • High Growth (2001–2003) indicating robust economic expansion
  • High Growth (2005–2008) indicating robust economic expansion
  • High Growth (2011–2013) indicating robust economic expansion
  • Crisis (2015–2016) indicating severe economic downturn
  • Expansion (2020–2021) indicating steady moderate growth
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2001 with an increase of 149.274%, while the largest decline was in 1986 at -44.175%.