Sierra Leone recorded a Government Budget deficit equal to 6.50 percent of the country's Gross Domestic Product in 2023. Government Budget in Sierra Leone averaged -4.94 percent of GDP from 1999 until 2023, reaching an all time high of -0.98 percent of GDP in 2007 and a record low of -9.47 percent of GDP in 1999. source: African Development Bank Group

Government Budget in Sierra Leone is expected to reach -3.60 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Fiscal Expenditure 2299.87 2346.86 SLL Million Sep 2024
Government Budget -6.50 -4.80 percent of GDP Dec 2023
Government Budget Value -417.29 -786.03 SLL Million Sep 2024
Government Debt to GDP 88.90 95.80 percent of GDP Dec 2023
Government Revenues 1885.50 1563.75 SLL Million Sep 2024
Holidays
Military Expenditure 22.40 28.00 USD Million Dec 2023

Sierra Leone Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-6.50 -4.80 -0.98 -9.47 1999 - 2023 percent of GDP Yearly