Sierra Leone Government Debt To GDP

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. Government Debt To GDP in Sierra Leone averaged 115 Percent from 1990 until 2012, reaching an all time high of 247.38 Percent in 1999 and a record low of 28.30 Percent in 2012. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Sierra Leone Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
28.30 29.70 247.38 28.30 27.52 | 2013/12 1990 - 2012 Percent Yearly

TO

Sierra Leone Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 15.00 [+]
Government Debt To GDP 28.30 2012-12-31 29.70 247.38 28.30 27.52 2013-12-31 Percent [+]
Government Budget -1.90 2013-12-31 -2.90 -0.98 -9.47 -1.15 2014-06-30 percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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