Economy of Sierra Leone

Gross Domestic Product 2012

GDP (purchasing power parity): $8.412 billion

GDP real growth rate: 19.8%

GDP per capita (PPP): $1,400

GDP composition by sector

Agriculture: 51.5%

Industry: 14.9%

Services: 33.6%

Inflation: 12.6% (2012 est.)

Currency: Sierra Leonean Leone

Business Languages

The commercial languages include the following

Krio

English

Mende

Transport

The main transport means used in Sierra Leon are road transport, railway transport and water transport.

Energy in Sierra Leon

The major sources of energy in Sierra Leon include;   wood fuel, Petroleum and Products Grid generated electricity.

Challenges in Sierra Leon

  • Environmental degradation
  • Land pollution
  • Water pollution
  • Poverty and hunger
  • Corruption
  • Poor Governance
  • Poor management of public funds
  • Poor education system

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of Muhaise.com blog and bigdrumassociates.com company. Learn more about him here and connect with him on his social medias below

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