Total government debt in Sierra Leone
Sierra Leone: Total government debt was 986.59 billion current LCU in 2007. ◆ Volatile
Total government debt in Sierra Leone, 1985–2007
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2007, total government debt in Sierra Leone stood at 986.59 billion current LCU.
Compared with earlier readings it is down 48.5% over ten years.
Over the whole period, total government debt in Sierra Leone peaked at 3.19 trillion current LCU in 1999 and was at its lowest, 1.19 billion current LCU, in 1985.
Sierra Leone ranks 18th of 44 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total government debt in Sierra Leone, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | 1.19 billion current LCU | — |
| 1986 | 1.95 billion current LCU | +63.6% |
| 1987 | 3.89 billion current LCU | +99.9% |
| 1988 | 4.88 billion current LCU | +25.3% |
| 1989 | 6.47 billion current LCU | +32.5% |
| 1990 | 217.35 billion current LCU | +3260.4% |
| 1991 | 517.80 billion current LCU | +138.2% |
| 1992 | 679.50 billion current LCU | +31.2% |
| 1993 | 736.43 billion current LCU | +8.4% |
| 1994 | 538.76 billion current LCU | -26.8% |
| 1995 | 1.45 trillion current LCU | +168.9% |
| 1996 | 1.45 trillion current LCU | +0.4% |
| 1997 | 1.92 trillion current LCU | +31.7% |
| 1998 | 2.39 trillion current LCU | +24.5% |
| 1999 | 3.19 trillion current LCU | +33.4% |
| 2000 | 760.58 billion current LCU | -76.1% |
| 2001 | 802.99 billion current LCU | +5.6% |
| 2002 | 879.20 billion current LCU | +9.5% |
| 2003 | 948.72 billion current LCU | +7.9% |
| 2004 | 946.61 billion current LCU | -0.2% |
| 2005 | 972.18 billion current LCU | +2.7% |
| 2006 | 986.59 billion current LCU | +1.5% |
| 2007 | 986.59 billion current LCU | +0.0% |
Sierra Leone compared with similar countries
- Sierra Leone's 986.59 billion current LCU is above the median for low income countries, which is 525.00 billion current LCU, 1.9× the median. (15 countries reporting)
- Sierra Leone's 986.59 billion current LCU is above the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 1.9× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Total government debt in Sierra Leone changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +3260.4% | 6.47 billion current LCU | 217.35 billion current LCU |
| 1995 | +168.9% | 538.76 billion current LCU | 1.45 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.68 billion current LCU | 1.19 billion current LCU | 6.47 billion current LCU | 5 |
| 1990s | 1.31 trillion current LCU | 217.35 billion current LCU | 3.19 trillion current LCU | 10 |
| 2000s | 910.43 billion current LCU | 760.58 billion current LCU | 986.59 billion current LCU | 8 |
Countries ranked near Sierra Leone
More science & technology data for Sierra Leone
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2022)
- Mobile landline subscriptions, gaps filled 107.88 (2022)
- Mobile cellular subscriptions by country, per capita 1.08 units per person (2022)
- Mobile cellular subscriptions by country, per unit of GDP 0.0013 units per US$ of GDP (2022)
- Mobile cellular subscriptions by country, gaps filled 8.93 million (2022)
- Mobile cellular subscriptions by country, per square kilometre 123.71 units per square kilometre (2022)
- Mobile landline subscriptions, annual growth rate 6.14 % change on previous year (2022)
- Mobile cellular subscriptions by country, annual growth rate 8.53 % change on previous year (2022)
- Scientific and technical journal articles 86.32 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is total government debt in Sierra Leone?
- Total government debt in Sierra Leone was 986.59 billion current LCU in 2007, according to World Bank country economists.
- What is the highest total government debt recorded in Sierra Leone?
- The highest recorded value was 3.19 trillion current LCU in 1999.
- What is the lowest total government debt recorded in Sierra Leone?
- The lowest recorded value was 1.19 billion current LCU in 1985.
- How does Sierra Leone rank for total government debt?
- Sierra Leone ranks 18th out of 44 countries with data for 2007.
- Is total government debt rising or falling in Sierra Leone?
- Over the last ten years it is down 48.5%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from World Bank country economists, published as part of Total government debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.