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Sierra Leone Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Sierra Leone's current account balance was -3.37% in 2025, ranked 122nd globally. This represents a 12.3% increase from 2024. Data from World Bank, covering 1977–2025.

-3.37% +0.47% (+12.3%)
Year 2025 Rank #122 Global Peak 28.71% (1986) Source World Bank

Sierra Leone Current Account Balance (1977–2025)

Overview

Sierra Leone's current account balance stood at -3.37% in 2025, a rise of +0.47% from 2024. The IMF projects -3.37% by 2025. Sierra Leone ranked 122nd globally.

Sierra Leone's current account balance has exhibited significant fluctuations over the past 49 years, with the all-time peak of 28.71 achieved in 1986, a year preceding the country's civil war. Conversely, the all-time trough of -39.36 was reached in 2011, amidst the recovery period following the conflict. The latest available data from the World Bank indicates that Sierra Leone's current account balance stood at -3.37 in 2025, ranking 122 globally. This value is closely comparable to that of Cameroon, which ranked one position higher at -3.36. The country's economic recovery and growth have contributed to a reduction in the current account deficit, with a significant improvement observed in recent years. However, a decline in global commodity prices and a potential decrease in foreign investment could impact the country's current account balance in the future, potentially exacerbating the deficit and altering the trajectory of Sierra Leone's economic growth.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -3.27% - -
2029* IMF -3.22% - -
2028* IMF -2.63% - -
2027* IMF -2.41% - -
2026* IMF -1.99% - -
2025* IMF -3.37% - -
2025 -3.37% +0.47% #122
2024 -3.84% +5.64% #63
2023 -9.45% −3.10% #28
2022 -6.35% +0.95% #63
2021 -7.29% −1.45% #47
2020 -5.84% +1.96% #58
2019 -7.79% +1.47% #38
2018 -9.26% +2.42% #30
2017 -11.82% −6.95% #20
2016 -4.83% +10.03% #70
2015 -14.78% −7.53% #21
2014 -6.15% +4.79% #61
2013 -9.82% +11.24% #39
2012 -19.70% +20.17% #10
2011 -39.36% −25.34% #5
Show all years (1977-2025)
* IMF World Economic Outlook projection

Detected Pattern

Currency Crisis Pattern
Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.
Inflation 47.6% Reserves YoY -20.6% FX YoY +51.7%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Sierra Leone matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sierra Leone's current account balance?▾

Sierra Leone's current account balance was -3.37% in 2025. Ranked 122nd globally. This represents a 12.3% increase from the previous year.

What was the highest current account balance in Sierra Leone?▾

Sierra Leone's current account balance peaked at 28.71% in 1986.

What was the lowest current account balance in Sierra Leone?▾

The lowest current account balance in Sierra Leone was -39.36% in 2011.

How does Sierra Leone rank in current account balance?▾

Sierra Leone ranks 122nd globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Sierra Leone in 2025?▾

Sierra Leone's current account balance is projected to reach -3.37% by 2025 based on IMF projection.

What is the current account balance of Sierra Leone in 2025?▾

The current account balance of Sierra Leone in 2025 was -3.37%. This ranks 122nd in the world.

Cite this page

APA
Sierra Leone Current Account Balance. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/sierra-leone/current-account/
BibTeX
@misc{historysaid_sierra-leone_current-account, title = {Sierra Leone Current Account Balance}, url = {https://historysaid.com/sierra-leone/current-account/}, publisher = {HistorySaid}, year = {2026} }
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