Skip to content

Economy of China vs Sierra Leone compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $6.97B for Sierra Leone, ranking 2/197 and 160/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $2.91B (41.7% of GDP) in Sierra Leone.

China vs Sierra Leone GDP by year

China
Sierra Leone
1x
Year GDP, current $
China Sierra Leone
2024 $18,743,803,170,827 $6,971,127,235
2023 $18,270,356,654,533 $6,415,852,767
2022 $18,316,765,021,690 $7,121,125,278
2021 $18,201,698,719,564 $7,166,931,485
2020 $14,996,414,166,715 $6,688,307,703
2019 $14,560,167,101,283 $6,523,577,594
2018 $14,147,765,772,964 $6,390,514,689
2017 $12,537,559,062,283 $5,749,846,528
2016 $11,456,024,084,962 $6,084,297,211
2015 $11,280,814,787,469 $6,788,352,975
2014 $10,674,533,168,257 $7,686,138,791
2013 $9,743,124,247,267 $7,502,762,863
2012 $8,673,664,713,189 $6,141,666,509
2011 $7,671,757,207,851 $4,861,632,885
2010 $6,192,564,874,453 $4,262,805,967
2009 $5,189,577,094,998 $3,953,403,098
2008 $4,667,346,414,522 $4,157,895,298
2007 $3,604,055,822,572 $3,632,957,611
2006 $2,791,498,472,804 $3,263,697,467
2005 $2,317,551,298,052 $2,545,275,313
2004 $1,984,196,551,300 $2,237,350,687
2003 $1,683,903,309,844 $2,142,618,046
2002 $1,489,821,682,051 $1,933,863,911
2001 $1,355,036,590,252 $1,681,473,894
2000 $1,223,754,919,971 $635,866,404
1999 $1,103,843,203,576 $669,386,624
1998 $1,037,134,141,760 $672,368,187
1997 $967,753,570,435 $850,232,760
1996 $868,523,936,530 $941,709,423
1995 $738,190,896,228 $870,740,292
1994 $566,929,539,493 $911,853,802
1993 $446,557,291,212 $768,867,883
1992 $428,502,354,788 $679,940,814
1991 $384,510,452,962 $779,981,987
1990 $361,560,229,446 $649,644,098
1989 $348,380,566,802 $932,974,420
1988 $312,888,888,889 $1,055,083,933
1987 $273,455,156,951 $660,106,336
1986 $301,310,144,928 $490,181,457
1985 $310,064,625,850 $856,890,459
1984 $260,442,857,143 $1,087,471,862
1983 $231,130,268,199 $995,104,305
1982 $205,480,916,031 $1,295,361,886
1981 $196,218,253,968 $1,114,830,472
1980 $191,487,500,000 $1,100,685,845
1979 $178,573,913,043 $1,109,374,911
1978 $149,788,617,886 $960,728,339
1977 $175,226,595,860 $691,777,584
1976 $154,196,810,059 $594,895,942
1975 $163,687,619,736 $679,336,344
1974 $144,418,433,058 $648,590,643
1973 $138,764,340,892 $575,230,724
1972 $113,871,930,714 $465,381,340
1971 $99,959,013,880 $419,549,305
1970 $92,752,930,873 $434,410,974
1969 $79,847,786,729 $408,690,163
1968 $70,980,323,819 $329,859,732
1967 $73,011,350,596 $348,795,303
1966 $76,854,053,259 $375,479,850
1965 $70,565,994,356 $359,379,856
1964 $59,821,862,703 $371,847,461
1963 $50,812,227,919 $348,547,279
1962 $47,310,737,754 $342,721,416
1961 $50,162,299,350 $327,834,191
1960 $59,846,235,025 $322,009,962

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/sierra-leone | CC BY

GDP per capita in China vs Sierra Leone by year

China
GDP per capita

GDP per capita, PPP
Sierra Leone
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Sierra Leone
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $807 $3,522
2023 $12,951 $25,179 $758 $3,368
2022 $12,971 $23,032 $860 $3,144
2021 $12,887 $20,843 $885 $2,849
2020 $10,627 $18,267 $845 $2,719
2019 $10,343 $17,601 $844 $2,704
2018 $10,086 $16,298 $846 $2,640
2017 $8,980 $15,022 $779 $2,501
2016 $8,255 $14,157 $844 $2,635
2015 $8,175 $13,463 $965 $2,560
2014 $7,781 $12,942 $1,118 $2,762
2013 $7,147 $12,228 $1,117 $2,701
2012 $6,405 $11,420 $938 $2,317
2011 $5,704 $10,457 $761 $2,043
2010 $4,629 $9,411 $685 $1,900
2009 $3,898 $8,448 $653 $1,814
2008 $3,523 $7,713 $705 $1,824
2007 $2,735 $6,935 $632 $1,770
2006 $2,129 $5,946 $580 $1,698
2005 $1,778 $5,148 $463 $1,615
2004 $1,531 $4,505 $418 $1,541
2003 $1,307 $4,007 $414 $1,458
2002 $1,164 $3,591 $389 $1,360
2001 $1,065 $3,258 $358 $1,121
2000 $969 $2,964 $143.7 $1,242
1999 $881 $2,690 $155 $1,167
1998 $835 $2,483 $156.5 $1,180
1997 $787 $2,297 $199.9 $1,157
1996 $713 $2,088 $224.3 $1,225
1995 $613 $1,884 $208.4 $1,187
1994 $476 $1,680 $218.5 $1,266
1993 $379 $1,471 $185 $1,269
1992 $368 $1,276 $163.2 $1,220
1991 $334 $1,105 $183.7 $1,445
1990 $319 $991 $154.8 $1,382
1989 $311 - $231.3 -
1988 $284 - $268.2 -
1987 $252.3 - $172.4 -
1986 $282.4 - $131.5 -
1985 $295 - $235.5 -
1984 $251.2 - $306 -
1983 $225.9 - $285.8 -
1982 $203.7 - $380 -
1981 $197.4 - $334 -
1980 $195.1 - $336 -
1979 $184.3 - $346 -
1978 $156.7 - $305 -
1977 $185.7 - $224.2 -
1976 $165.7 - $196.4 -
1975 $178.6 - $228.4 -
1974 $160.4 - $222.1 -
1973 $157.3 - $200.6 -
1972 $132.1 - $165.4 -
1971 $118.8 - $151.8 -
1970 $113.3 - $160.2 -
1969 $100.3 - $153.6 -
1968 $91.6 - $126.3 -
1967 $96.8 - $136.1 -
1966 $104.5 - $149.3 -
1965 $98.7 - $145.6 -
1964 $85.7 - $153.4 -
1963 $74.5 - $146.3 -
1962 $71.1 - $146.3 -
1961 $76 - $142.3 -
1960 $89.7 - $142 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/sierra-leone | CC BY

China's GDP per capita is $13,303, ranking 76/197, compared to $807 in Sierra Leone, ranking 186/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Sierra Leone ranks 171st at $3,522.

Economic indicators

China Sierra Leone
Gross domestic product
$18.7T
2024
$6.97B
2024
GDP rank
2/197
2024
160/197
2024
GDP growth
4.98%
2023-2024
4.29%
2023-2024
GDP per capita
$13,303
2024
$807
2024
GDP per capita rank
76/197
2024
186/197
2024
GDP per capita, PPP
$27,105
2024
$3,522
2024
GDP per capita PPP rank
77/197
2024
171/197
2024
Government debt
$16.6T
2024
$2.91B
2024
Debt-to-GDP ratio
88.3%
2024
41.7%
2024
Government debt per person
$11,749
2024
$337
2024
Government debt per person rank
47/185
2024
174/185
2024
Average annual personal income after taxes
$9,826
2026
$2,915
2026
Market capitalization of domestic companies
$11.8T
2024
n/a
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
29.4%
2018
Income share by poorest 10%
3.1%
2022
3.4%
2018
Government expenditure, % of GDP
32.9%
2024
15.6%
2024
Consumer prices inflation
0.2%
2023-2024
28.4%
2023-2024
Central bank interest rate
3.1%
2024
18.8%
2025
Unemployment rate
5.11%
2021
3.19%
2018
Population
1402578808
9049533

Spending and national debt comparison by year

China
Spending

Debt
Sierra Leone
Spending

Debt
1x
Year % of GDP
China Sierra Leone
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 15.6% 41.7%
2023 32.7% 82% 15.4% 49.5%
2022 32.6% 75.5% 16.7% 54%
2021 31.9% 70.1% 16.8% 47.1%
2020 34.8% 69% 15.6% 46.4%
2019 33.6% 59.4% 13.3% 45.3%
2018 32.6% 55.6% 13.7% 44.2%
2017 32% 53.9% 15% 44.2%
2016 31.7% 49.7% 14.9% 38.9%
2015 31% 40.8% 13.1% 28.4%
2014 28.4% 39.3% 13.5% 26.8%
2013 28.1% 36.4% 11.4% 22.3%
2012 27.7% 33.8% 13.5% 24.1%
2011 26.6% 33.2% 13.2% 25.8%
2010 24.7% 33.3% 12.5% 28.9%
2009 25.2% 34% 11.3% 31.1%
2008 22.2% 26.7% 10.3% 46.1%
2007 17.9% 28.7% 8.1% 26.4%
2006 18.1% 25.2% 9.97% 61.9%
2005 18% 25.9% 10.9% 78.9%
2004 17.6% 26% 11.1% 93.2%
2003 18% 26.4% 11.7% 99.8%
2002 18.2% 25.6% 12.6% 99.8%
2001 17.2% 24.3% 12% 113.5%
2000 16.1% 22.7% 10.3% -
1999 14.9% 21.6% - -
1998 12.6% 20.4% - -
1997 11.5% 20.4% - -
1996 11% 21.2% - -
1995 11.1% 21.4% - -
1994 12.4% - - -
1993 13.4% - - -
1992 14.6% - - -
1991 16.5% - - -
1990 18.2% - - -
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/sierra-leone | CC BY

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Sierra Leone spent $1.09B, or 15.6% of GDP.

Debt-to-GDP ratio is 88.3% in China and 41.7% in Sierra Leone, ranking 34/185 and 128/185, respectively.

Government deficit by year

Deficit/surplus
China

Sierra Leone
1x
Year Deficit/surplus, % of GDP
China Sierra Leone
2024 -7.34% -4.53%
2023 -6.71% -4.99%
2022 -7.32% -5.93%
2021 -5.9% -4.35%
2020 -9.56% -3.5%
2019 -6% -1.95%
2018 -4.2% -3.57%
2017 -3.34% -5.61%
2016 -3.33% -5.41%
2015 -2.5% -2.86%
2014 -0.67% -2.77%
2013 -0.82% -1.74%
2012 -0.3% -3.41%
2011 -0.1% -2.78%
2010 -0.36% -3.09%
2009 -1.72% -1.51%
2008 -0.02% -2.22%
2007 0.06% 12.6%
2006 -1.13% -0.93%
2005 -1.38% -1.17%
2004 -1.49% -1.46%
2003 -2.36% -2.78%
2002 -2.84% -3.03%
2001 -2.56% -3.22%
2000 -2.81% -1.94%
1999 -2.3% -
1998 -1.08% -
1997 -0.73% -
1996 -0.73% -
1995 -0.94% -
1994 -1.68% -
1993 -0.89% -
1992 -1.22% -
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/sierra-leone | CC BY

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Sierra Leone's deficit of $316M, or 4.53% of GDP.

Over the past 25 years, China recorded a fiscal deficit in 24 of those years, while Sierra Leone ran a deficit in 24 years. On average, China posted an annual deficit equal to 2.99% of GDP, compared to deficit of 2.49% of GDP for Sierra Leone.

Inflation comparison by year

Inflation
China

Sierra Leone
1x
Year Consumer prices inflation
China Sierra Leone
2024 0.2% 28.4%
2023 0.2% 47.7%
2022 2% 27.2%
2021 0.9% 11.9%
2020 2.5% 13.4%
2019 2.9% 14.8%
2018 2.1% 16%
2017 1.6% 18.2%
2016 2% 10.9%
2015 1.5% 6.7%
2014 2% 4.6%
2013 2.7% 5.5%
2012 2.6% 6.6%
2011 5.4% 6.8%
2010 3.3% 7.2%
2009 -0.7% 7.5%
2008 5.9% 8.2%
2007 4.7% 17%
2006 1.5% 10.5%
2005 1.8% 13.7%
2004 3.9% 12.9%
2003 1.1% 4%
2002 -0.8% 0.1%
2001 0.7% 2.6%
2000 0.4% -0.9%
1999 -1.4% 34.1%
1998 -0.8% 36%
1997 2.8% 14.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/china/sierra-leone | CC BY

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 13.8% in Sierra Leone. In 2024, inflation was 0.2% in China and 28.4% in Sierra Leone.

Top exports between countries

China
Export category Export value
Machinery & equipment $385M
Textiles & consumer goods $137M
Metals $120M
Chemicals & pharma $68.1M
Processed food, beverages & tobacco $29.2M
Raw materials & minerals $28M
Raw agricultural goods $18.7M
Miscellaneous $18M
Wood & paper products $5.61M
Precious metals & jewellery $1.15M
Sierra Leone
Export category Export value
Wood & paper products $20.3M
Raw materials & minerals $12.8M
Textiles & consumer goods $2.26M
Animal & marine products $1.68M
Processed food, beverages & tobacco $327K
Metals $108K
Machinery & equipment $19K

Balance of trade

China Sierra Leone
Current account balance
$424B
2024
-$606M
2023
Current account balance ranking
1/190
2024
109/190
2023
Current account balance, % of GDP
+2.26%
2024
-9.45%
2023
Goods imports
$2.64T
2024
$1.92B
2023
Goods exports
$3.41T
2024
$1.34B
2023
Service imports
$613B
2024
$348M
2023
Service exports
$384B
2024
$42.5M
2023
Imports of goods and services, % of GDP
17.2%
2024
23.3%
2024
Exports of goods and services, % of GDP
20%
2024
17.3%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Sierra Leone
Economic freedom 48.3 49.6
Economic freedom ranking 170/197 165/197
Property rights 40.9 32.9
Government integrity 42.3 35.8
Judicial effectiveness 38.6 42
Tax burden 69.3 88.2
Government spending 67.8 92.4
Fiscal health 4.4 54.1
Business freedom 68.7 44.8
Labor freedom 57.9 38.2
Monetary freedom 76.1 53.6
Trade freedom 73.4 63.6
Investment freedom 20 30
Financial freedom 20 20

Economic freedom comparison by year

China
Sierra Leone
1x
Year Economic freedom index
China Sierra Leone
2026 48.3 49.6
2025 49 48
2024 48.5 44.6
2023 48.3 50.2
2022 48 52
2021 58.4 51.7
2020 59.5 48
2019 58.4 47.5
2018 57.8 51.8
2017 57.4 52.6
2016 52 52.3
2015 52.7 51.7
2014 52.5 50.5
2013 51.9 48.3
2012 51.2 49.1
2011 52 49.6
2010 51 47.9
2009 53.2 47.8
2008 53.1 48.3
2007 52 47
2006 53.6 45.2
2005 53.7 44.8
2004 52.5 43.6
2003 52.6 42.2
2002 52.8 -
2001 52.6 -
2000 56.4 44.2
1999 54.8 47.2
1998 53.1 47.7
1997 51.7 45
1996 51.3 52.3
1995 52 49.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/china/sierra-leone | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 49.6 for Sierra Leone, ranking 165/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Sierra Leone
Services, % of GDP
56.7%
2024
42.6%
2024
Industry, % of GDP
36.5%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
29.2%
2024
GNI, Atlas method
$19.3T
2024
$7.08B
2024
GNI per capita, PPP
$26,920
2024
$3,490
2024
Total reserves including gold
$3.46T
2024
$433M
2024
Total reserves ranking
1/177
2024
160/177
2024
Net foreign direct investment
$154B
2024
-$241M
2023
Net inflows of foreign direct investment
$18.6B
2024
$122M
2024
Net outflows of foreign direct investment
$172B
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
2.22%
2024
Poverty at national poverty lines
0%
2020
56.8%
2018
Gross capital formation, % of GDP
40.6%
2024
20.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/china/sierra-leone | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. TradeMap (2018–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.