Sierra Leone Current Account to GDP

Sierra Leone recorded a Current Account deficit of 44 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Sierra Leone is reported by the Bank of Sierra Leone. Current Account to GDP in Sierra Leone averaged -9.51 Percent from 1977 until 2012, reaching an all time high of 28.71 Percent in 1986 and a record low of -52.30 Percent in 2011. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Sierra Leone Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-44.00 -52.30 28.71 -52.30 -45.18 | 2013/12 1977 - 2012 Percent Yearly

TO

Sierra Leone Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 71.15 2013-12-31 95.06 95.06 -267.64 65.18 2014-01-31 USD Million [+]
Current Account -1102.09 2012-12-31 -1913.51 140.74 -1913.51 -1142.10 2013-12-31 USD Million [+]
Current Account to GDP -44.00 2012-12-31 -52.30 28.71 -52.30 -45.18 2013-12-31 Percent [+]
Exports 189.40 2013-12-31 219.53 219.53 0.07 226.46 2014-01-31 USD Million [+]
Imports 118.25 2013-12-31 124.46 289.44 6.64 157.88 2014-01-31 USD Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Sierra Leone Inflation Rate at 8.23 Percent  
The inflation rate in Sierra Leone was recorded at 8.23 percent in December of 2013. Inflation Rate in Sierra Leone is reported by the Statistics Sierra Leone.
Sierra Leone Government Budget at -1.90 percent of GDP  
Sierra Leone recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2013. Government Budget in Sierra Leone is reported by the World Bank.
Sierra Leone GDP Annual Growth Rate at 20.00 Percent  
The Gross Domestic Product (GDP) in Sierra Leone expanded 20 percent in 2013 from the previous year. GDP Annual Growth Rate in Sierra Leone is reported by the Statistics Sierra Leone.
Sierra Leone Current Account at -1102.09 USD Million  
Sierra Leone recorded a Current Account deficit of 1102.09 USD Million in 2012. Current Account in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Balance of Trade at 71.15 USD Million  
Sierra Leone recorded a trade surplus of 71.15 USD Million in December of 2013. Balance of Trade in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Imports at 118.25 USD Million  
Imports in Sierra Leone decreased to 118.25 USD Million in December of 2013 from 124.46 USD Million in November of 2013. Imports in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Exports at 189.40 USD Million  
Exports in Sierra Leone decreased to 189.40 USD Million in December of 2013 from 219.53 USD Million in November of 2013. Exports in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Current Account to GDP at -44.00 Percent  
Sierra Leone recorded a Current Account deficit of 44 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Government Debt To GDP at 28.30 Percent  
Sierra Leone recorded a Government Debt to GDP of 28.30 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Sierra Leone stands at 30 percent. Corporate Tax Rate in Sierra Leone is reported by the Ministry of Finance and Economic Development.
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