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Sierra Leone Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Sierra Leone's income share top 10% was 29.40% in 2018, ranked 62nd globally. This represents a 9.3% increase from 2017. Data from World Bank, covering 2003–2018.

29.40% +2.50pp (+9.3%)
Year 2018 Rank #62 Global Peak 31.90% (2003) Source World Bank

Sierra Leone Income Share Top 10% (2003–2018)

Overview

Sierra Leone's income share top 10% stood at 29.40% in 2018, a rise of +2.50pp from 2011. Sierra Leone ranked 62nd globally.

Sierra Leone's income share of the top 10% of earners has exhibited a downward trend since its peak in 2003, when it reached 31.90%. The country's income share has since declined, with the lowest recorded level occurring in 2011 at 26.90%. However, the trend reversed, and by 2018, the income share of the top 10% had increased to 29.40%, ranking Sierra Leone 62nd globally. This value is comparable to that of China, another country with a similar income share at the time. Sierra Leone's income distribution has been relatively stable over the past few years, but the country still lags behind peer nations such as Armenia, which recorded an income share of 29.20% in 2018. The recent increase in the income share of the top 10% may be a positive indicator of economic growth, but it would require sustained investment in education and job creation to translate into broader economic development and reduce income inequality.

Data & projection

Year Income Share Top 10% YoY change Rank
2018 29.40% +2.50pp #62
2011 26.90% −5.00pp #49
2003 31.90% – #48

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 income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sierra Leone's income share top 10%?▾

Sierra Leone's income share top 10% was 29.40% in 2018. Ranked 62nd globally. This represents a 9.3% increase from the previous year.

What was the highest income share top 10% in Sierra Leone?▾

Sierra Leone's income share top 10% peaked at 31.90% in 2003.

What was the lowest income share top 10% in Sierra Leone?▾

The lowest income share top 10% in Sierra Leone was 26.90% in 2011.

How does Sierra Leone rank in income share top 10%?▾

Sierra Leone ranks 62nd globally in income share top 10% as of 2018.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the income share top 10% of Sierra Leone in 2018?▾

The income share top 10% of Sierra Leone in 2018 was 29.40%. This ranks 62nd in the world.

Cite this page

APA
Sierra Leone Income Share Top 10%. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/sierra-leone/income-top-10/
BibTeX
@misc{historysaid_sierra-leone_income-top-10, title = {Sierra Leone Income Share Top 10%}, url = {https://historysaid.com/sierra-leone/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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