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Country · SLE

Sierra Leone · Finances and debt

Source: IMF, World Economic Outlook (October 2026) · copied on 2026-11-11

Public finances and external accounts

A fiscal deficit of 4.2 % of GDP

Sierra Leone: in 2025, the general government spent 4.2 % of GDP more than it collected, public debt stood at 51.4 % of GDP, the current account showed a deficit of 5.2 % (IMF).

Fiscal balance · 2025
−4.2 %
of GDP · −0.7 pt since 2020
Public debt · 2025
51.4 %
of GDP · +5.0 pt since 2020
Current account · 2025
−5.2 %
of GDP · +0.6 pt since 2020

Fiscal balance, % of GDP

Negative: a deficit · dashed: estimates and projections

−6 % −4 % −2 % 0 % 2015 2020 2025 2030 Sierra Leone −0.6 West Africa −2.8 −6 % −4 % −2 % 0 % 2015 2020 2025 2030
Chart data as a table
Sierra Leone: in 2025, the general government spent 4.2 % of GDP more than it collected, public debt stood at 51.4 % of GDP, the current account showed a deficit of 5.2 % (IMF).
Year Sierra LeoneWest Africa
2015 −2.9 % −2.9 %
2016 −5.4 % −3.6 %
2017 −5.6 % −3.7 %
2018 −3.6 % −3.4 %
2019 −2.0 % −3.6 %
2020 −3.5 % −5.4 %
2021 −4.3 % −5.1 %
2022 −5.9 % −5.4 %
2023 −5.0 % −4.0 %
2024 −5.2 % −3.6 %
2025 · estimate −4.2 % −2.5 %
2026 · projection −2.9 % −3.2 %
2027 · projection −0.9 % −3.0 %
2028 · projection −0.5 % −2.8 %
2029 · projection −0.9 % −2.8 %
2030 · projection −0.6 % −2.8 %
  • Sierra Leone
  • West Africa

Source: IMF, World Economic Outlook (October 2026) · general government net lending or borrowing · group values weighted by GDP in dollars (Syli Atlas)

Current account, % of GDP

Trade, income and transfers with the rest of the world

−15 % −10 % −5 % 0 % 2015 2020 2025 2030 Sierra Leone −4.1 −15 % −10 % −5 % 0 % 2015 2020 2025 2030
Chart data as a table
Current account balance of Sierra Leone, % of GDP
Year Sierra Leone
2015 −14.9 %
2016 −4.9 %
2017 −11.7 %
2018 −9.3 %
2019 −7.8 %
2020 −5.8 %
2021 −7.3 %
2022 −6.3 %
2023 −7.9 %
2024 −6.5 %
2025 · estimate −5.2 %
2026 · projection −4.7 %
2027 · projection −4.2 %
2028 · projection −4.1 %
2029 · projection −4.1 %
2030 · projection −4.1 %

Source: IMF, World Economic Outlook (October 2026)

Currency

Leone

The leone has no fixed peg: its value against the dollar and the euro moves with the market and the central bank's policy.

Currency
SLE
leone
Exchange regime
—
no fixed peg
Inflation · 2025
7.6 %
average annual change in consumer prices

Currency codes: ISO 4217 · fixed parities: central banks (BCEAO, BEAC, Central Bank of the Comoros, Bank of Cape Verde…) · inflation: IMF, World Economic Outlook (October 2026)

Debt

A debt owed first to multilateral lenders

At the end of 2025, Sierra Leone owed 1.3 bn$ in public external debt (World Bank). 3.6 % of it was owed to China, 71.4 % to multilateral institutions and 0.0 % to bond holders.

Public debt · 2025
51.4 %
of GDP · IMF
External debt · 2025
2.4 bn$
public and private · World Bank
Public external debt · 2025
1.3 bn$
owed or guaranteed by the State
Debt service · 2024
4.2 %
of exports of goods, services and income

Risk of debt distress

IMF and World Bank debt sustainability analysis

Latest analysis published on 2026-02-13: high.

Source: IMF, list of debt sustainability analyses of low-income countries, as of 2026-03-31 · imf.org

Public external debt by creditor

Share of the total at the end of each year

2015
2020
2025
Multilateral (IMF, World Bank, AfDB…)
71.4 %
China
3.6 %
Other countries
12.4 %
Bonds (Eurobonds)
0.0 %
Banks and other private lenders
12.6 %

Source: World Bank, International Debt Statistics (updated 2026-11-05) · public and publicly guaranteed external debt, end of year · CC BY 4.0 · shares: Syli Atlas calculation