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Sierra Leone Trade (% GDP)

Sierra Leone's trade (% GDP) rose to 64.48% in 2024, up from 55.87% in 2023, according to World Bank. This represents an increase of 8.61% from the previous year. Sierra Leone has trade (% GDP) lower than the global median (64.48% vs median 84.49%). Compared with the median in Africa, Sierra Leone is higher (64.48% vs regional median 62.95%) and ranks 23rd out of 48 countries in Africa.

Yearly Historical Data (1964-2024)

(in %)
Year Trade (% GDP)
2024 64.48%
2023 55.87%
2022 45.03%
2021 42.11%
2020 30.59%
2019 37.55%
2018 37.38%
2017 41.52%
2016 43.07%
2015 36.48%
2014 51.12%
2013 53.36%
2012 53.38%
2011 43.78%
2010 27.95%
2009 23.08%
2008 21.26%
2007 21.81%
2006 22.09%
2005 47.55%
2004 46.17%
2003 46.45%
2002 38.92%
2001 35.94%
2000 57.53%
1999 33.75%
1998 35.33%
1997 28.28%
1996 49.6%
1995 45.03%
1994 55.16%
1993 52.86%
1992 64.49%
1991 60.24%
1990 68.69%
1989 41.59%
1988 43.12%
1987 55.15%
1986 26.93%
1985 31.43%
1984 23.03%
1983 33.11%
1982 41.69%
1981 62.75%
1980 61.08%
1979 46.99%
1978 43.83%
1977 46.45%
1976 50.47%
1975 59.58%
1974 50.23%
1973 48.04%
1972 56.81%
1971 63.65%
1970 60.3%
1969 52.82%
1968 50.53%
1967 58.39%
1966 59.4%
1965 60.15%
1964 58.59%
Sierra Leone Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Sierra Leone divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $205.37M $102.65M 2018
Annual Imports $986.9M $1.07B 2018
Exports (% GDP) 20.94% 21.52% 2024
FDI Inflows (% GDP) 3.76% 2.04% 2023
Imports (% GDP) 43.54% 34.34% 2024
Net Trade (Goods & Services, BoP) -$881.99M -$871.99M 2023
Tariff Rate 13.61% 13.74% 2022