Sierra Leone GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Sierra Leone expanded 20 percent in 2013 from the previous year. GDP Annual Growth Rate in Sierra Leone averaged 2.92 Percent from 1961 until 2013, reaching an all time high of 20 Percent in 2013 and a record low of -19.01 Percent in 1992. GDP Annual Growth Rate in Sierra Leone is reported by the Statistics Sierra Leone.
||1961 - 2013
Sierra Leone is one of the poorest countries in the world. More than 50 percent of government revenue comes from foreign aid and the majority of the population rely on subsistence agriculture. However, Sierra Leone has been steadily growing since the end of a devastating civil war in 2002. Diamond production is an important source of revenue and accounts for 63 percent of total exports. Recent government efforts to develop the industry and fight corruption irradiation seem to be successful and the country is expected to keep current pace of expansion. This page provides - Sierra Leone GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.