As per International Monetary Fund
(IMF) Sierra Leone’s nominal gross domestic product is expected to grow at a
CAGR of 15% from it’s 2015 level of SLL 23057.47 billion and reach SLL 61333.47
billion by 2022.
Sierra Leone, a country in West
Africa, has a special significance in the history of the transatlantic slave
trade as the departure point for thousands of west African captives. The
capital, Freetown, was founded as a home for repatriated former slaves in 1787.
Sierra Leone had estimated
population of 6.439 million in the year 2016 and expected to reach 7.125
million by 2022, growing at a CAGR of 1.73%.
Sierra Leone’s real gross domestic
product (GDP) was around SLL 8899.81 billions in 2016 whereas the nominal GDP
was SLL 26647.83 billions. This resulted in GDP deflator 299.42. Per capita GDP
was estimated at USD 618.184 whereas purchasing power parity (PPP) based per
capita GDP was estimated to be at USD 1671.64.
In 2016, Sierra Leone government’s
revenue was SLL 3563.77 billions whereas the expenditure was SLL 4834.63
billions. This resulted Sierra Leone government’s net lending / borrowing
negative at SLL 1270.86 billion in 2016 indicating that enough financial
resources were not made available by the government to boost economic growth.
The current account balance for
Sierra Leone was estimated to be negative at USD 0.767 billions for the year
2016 and is expected to decrease at a CAGR of 1.70% and reach USD 0.835 by
2022. This negative current account balance indicates the Sierra Leone is a net
borrower from the whole world.
Scope of the Sierra Leone PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Sierra Leone.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Sierra Leone.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Sierra Leone.
- These reports provide risk analysis for Sierra Leone.
For more information and to
purchase Sierra Leone PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/sierra-leone-pestel-analysis-market-research-report
For more information and to
purchase Sierra Leone SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/sierra-leone-swot-analysis-market-research-report
For more information and to
purchase Sierra Leone Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/sierra-leone-risk-analysis-market-research-report
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