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Sierra Leone Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Sierra Leone's trade balance was $-558.7M in 2025, ranked 97th globally. This represents a 33.3% decrease from 2024. Data from World Bank, covering 1964–2025.

$-558.7M −$139.4M (-33.3%)
Year 2025 Rank #97 Global Peak $151.2M (1988) Source World Bank

Sierra Leone Trade Balance (1964–2025)

Overview

Sierra Leone's trade balance stood at $-558.7M in 2025, a decline of +$139.4M from 2024. Based on recent trends, this figure is projected to reach $-558.7M by 2025. Sierra Leone ranked 97th globally.

Sierra Leone's trade balance has experienced significant fluctuations over the past 62 years, ranging from a peak of $151,227,163.68 in 1988 to a trough of -$1,195,646,333.71 in 2011. The country's trade balance has generally trended downward, with the latest available figure in 2025 standing at -$558,677,967.33, ranking it 97th globally. This is comparable to Finland's trade balance, which ranked slightly worse at -$513,688,332.14 in the same year. The country's trade deficit has been a persistent issue, with a few brief periods of surplus, particularly in the late 1980s. The trade balance's decline is likely linked to Sierra Leone's reliance on imports, driven by its relatively small domestic market and limited manufacturing sector. A shift towards more diversified exports, such as minerals and agricultural products, could potentially alter the trajectory of Sierra Leone's trade balance and reduce its reliance on imports.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-449.6M - -
2026* trend $-504.2M - -
2025* trend $-558.7M - -
2025 $-558.7M −$139.4M #97
2024 $-419.3M +$437.9M #74
2023 $-857.1M −$38.7M #72
2022 $-818.4M −$26.6M #82
2021 $-791.8M −$67.3M #71
2020 $-724.5M +$461.1M #74
2019 $-1.2B −$233.4M #66
2018 $-952.2M −$157.5M #76
2017 $-794.6M +$108.4M #74
2016 $-903.1M +$150.0M #73
2015 $-1.1B −$231.4M #79
2014 $-821.6M +$340.2M #79
2013 $-1.2B −$412.7M #78
2012 $-749.1M +$446.5M #87
2011 $-1.2B −$847.4M #74
Show all years (1964-2025)
* Linear trend extrapolation

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 trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sierra Leone's trade balance?▾

Sierra Leone's trade balance was $-558.7M in 2025. Ranked 97th globally. This represents a 33.3% decrease from the previous year.

What was the highest trade balance in Sierra Leone?▾

Sierra Leone's trade balance peaked at $151.2M in 1988.

What was the lowest trade balance in Sierra Leone?▾

The lowest trade balance in Sierra Leone was $-1.2B in 2011.

How does Sierra Leone rank in trade balance?▾

Sierra Leone ranks 97th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

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

Sierra Leone's trade balance is projected to reach $-558.7M by 2025 based on trend extrapolation.

What is the trade balance of Sierra Leone in 2025?▾

The trade balance of Sierra Leone in 2025 was $-558.7M. This ranks 97th in the world.

Cite this page

APA
Sierra Leone Trade Balance. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/sierra-leone/trade-balance/
BibTeX
@misc{historysaid_sierra-leone_trade-balance, title = {Sierra Leone Trade Balance}, url = {https://historysaid.com/sierra-leone/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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