Sierra Leone - Inflation, consumer prices (annual %) 2007 - 2022
Sierra Leone's inflation, consumer prices (annual %) is currently 27.21%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Sierra Leone's inflation, consumer prices (annual %) for 2022 was 27.208%, a 129.14% increase from 2021, with a +15 difference.
- In 2021 it was 11.874%, a -11.70% increase from 2020, with a -2 difference.
- In 2020 it was 13.447%, a -9.17% increase from 2019.
- In 2019 it was 14.805%, a -7.64% increase from 2018.
- In 2018 it was 16.03%, a -12.03% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Sierra Leone is currently 11.0762% (average of years with recorded data) with a lowest recorded value of 4.6393% in 2014 and a highest value of 27.2083% in 2022.
Sierra Leone's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2007 | 11.65% | |
| 2008 | 8.211% | -29.52% |
| 2009 | 7.469% | -9.04% |
| 2010 | 7.186% | -3.79% |
| 2011 | 6.791% | -5.49% |
| 2012 | 6.588% | -3.00% |
| 2013 | 5.524% | -16.15% |
| 2014 | 4.639% | -16.02% |
| 2015 | 6.689% | 44.19% |
| 2016 | 10.886% | 62.74% |
| 2017 | 18.222% | 67.38% |
| 2018 | 16.03% | -12.03% |
| 2019 | 14.805% | -7.64% |
| 2020 | 13.447% | -9.17% |
| 2021 | 11.874% | -11.70% |
| 2022 | 27.208% | 129.14% |
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Comparison with Countries in the Sub-Saharan Africa Region.
Among countries in the same World Bank Sub-Saharan Africa (SSA) region, Sierra Leone comes in 4th with 27.208% inflation, consumer prices (annual %).
- Within the same region, Sudan comes in 1st with 138.808%, inflation, consumer prices (annual %).
- Zimbabwe comes in 2nd with 104.705%.
- Ghana comes in 3rd with 31.256%.
- Ethiopia comes in 5th with 26.84%.
- Angola comes in 6th with 25.754%.
- Liberia comes in 7th with 23.564%.
- Malawi comes in 8th with 20.954%.
- Nigeria comes in 9th with 18.847%.
- Burundi comes in 10th with 18.801%.
- Sao Tome and Principe comes in 11th with 18.006%.
- Rwanda comes in 12th with 17.689%.
- Burkina Faso comes in 13th with 14.29%.
- And Botswana comes in 14th with 11.666%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Sub-Saharan Africa Region.
Top 10 Countries in the Sub-Saharan Africa Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sudan | 138.81% | 2022 |
| 2 | Zimbabwe | 104.70% | 2022 |
| 3 | Ghana | 31.26% | 2022 |
| 4 | Sierra Leone | 27.21% | 2022 |
| 5 | Ethiopia | 26.84% | 2021 |
| 6 | Angola | 25.75% | 2021 |
| 7 | Liberia | 23.56% | 2018 |
| 8 | Malawi | 20.95% | 2022 |
| 9 | Nigeria | 18.85% | 2022 |
| 10 | Burundi | 18.80% | 2022 |
Comparison with Countries in the Low income Group.
Among countries in the same World Bank Low income (LI) group, Sierra Leone comes in 3rd with 27.208% inflation, consumer prices (annual %).
- Within the same income group, Sudan comes in 1st with 138.808%, inflation, consumer prices (annual %).
- Syrian Arab Republic comes in 2nd with 36.702%.
- Ethiopia comes in 4th with 26.84%.
- Liberia comes in 5th with 23.564%.
- Malawi comes in 6th with 20.954%.
- Burundi comes in 7th with 18.801%.
- Rwanda comes in 8th with 17.689%.
- Burkina Faso comes in 9th with 14.29%.
- Gambia, The comes in 10th with 11.513%.
- Mozambique comes in 11th with 10.279%.
- Guinea-Bissau comes in 12th with 9.394%.
- And Madagascar comes in 13th with 8.161%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Low income Group.
Top 14 Countries in the Low income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sudan | 138.808% | 2022 |
| 2 | Syrian Arab Republic | 36.702% | 2012 |
| 3 | Sierra Leone | 27.208% | 2022 |
| 4 | Ethiopia | 26.840% | 2021 |
| 5 | Liberia | 23.564% | 2018 |
| 6 | Malawi | 20.954% | 2022 |
| 7 | Burundi | 18.801% | 2022 |
| 8 | Rwanda | 17.689% | 2022 |
| 9 | Burkina Faso | 14.290% | 2022 |
| 10 | Gambia, The | 11.513% | 2022 |
| 11 | Mozambique | 10.279% | 2022 |
| 12 | Guinea-Bissau | 9.394% | 2022 |
| 13 | Madagascar | 8.161% | 2022 |
| 14 | Yemen, Rep. | 8.105% | 2014 |