Sierra Leone: Inflation, GDP deflator (annual %)
In , Sierra Leone's Inflation, GDP deflator (annual %) was 10.45.
That's down 64.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Sierra Leone ranks #25 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #12 of 46.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 29.26
- Trough
- 3.61
- 1-year change
- -64.3%
- 5-year change
- +5.4%
- +1.1% / yr
- 10-year change
- -34.9%
- -4.2% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 10.4508 | |
| 29.2602 | |
| 26.9575 | |
| 7.4633 | |
| 13.2721 | |
| 9.9156 | |
| 16.0207 | |
| 7.4988 | |
| 4.3462 | |
| 3.6133 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Sierra Leone's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Sierra Leone's Inflation, GDP deflator (annual %) was 10.45, according to World Bank Open Data.
- Is Sierra Leone's Inflation, GDP deflator (annual %) rising or falling?
- Sierra Leone's Inflation, GDP deflator (annual %) fell 64.3% from 2023 to 2024.
- How does Sierra Leone rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Sierra Leone ranked #25 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Sierra Leone's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Sierra Leone is below the world average. Within Sub-Saharan Africa, it ranks #12 of 46.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.