Montenegro vs Sierra Leone: Economic Indicators Comparison
Montenegro with a GDP of $5.5B ranked the 153rd largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Montenegro and Sierra Leone ranked 67th vs 170th and 81st vs 189th, respectively.
Gross Domestic Product & Income
| Stat |  Montenegro |  Sierra Leone |
|---|---|---|
| GDP | $5.5B | $4.1B |
| GDP growth, 1 year | 4.5% | 3.7% |
| GDP growth, 5-years average | 3.5% | -0.4% |
| Population | 622k | 7.6M |
| GDP per capita | $8.8k | $534 |
| GDP per capita growth | 5.08% | 1.26% |
| Purchasing Power Parity conversion factor | 0.36 | 2643.88 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.43 | 0.33 |
| GDP per capita, PPP adjusted | $19k | $1.6k |
| GNI, Atlas method | $5.2B | $3.7B |
| GNI per capita | $8.4k | $490 |
| GNI, PPP adjusted | $13B | $11.4B |
| GNI per capita, PPP adjusted | $21k | $1.5k |
Financial system and Human development
| Stat | Montenegro | Sierra Leone |
|---|---|---|
| Income Tax Rate | 9% | 15% |
| Corporate Tax Rate | 9% | 30% |
| Inflation, consumer prices | 2.6% | 16.9% |
| Inflation, GDP deflator | 3.2% | 13.4% |
| Unemployment | 15.5% | 4.3% |
| Economic Freedom Index | 61.5 | 48 |
| Personal Freedom Index | 8.12 | 6.55 |
| Human Freedom Index | 7.67 | 6.24 |
| Property Rights Index | 59.1 | 40.7 |
| Judical Effectiveness Index | 55.3 | 39.4 |
| Business Freedom Index | 70.8 | 50.1 |
| Fiscal Health Index | 23.4 | 9.8 |
| Labor Freedom Index | 74.8 | 29.7 |
| Investment Freedom Index | 75 | 60 |
| Financial Freedom Index | 50 | 20 |
| Trade Freedom Index | 83.8 | 69.4 |
| Monetary Freedom Index | 80.3 | 64.2 |
| Government Spending Index | 32.1 | 83.5 |
| Tax Burden Index | 85.4 | 87.5 |
| Government Integrity Index | 47.5 | 21.8 |
| Corruption Perceptions Index | 45 | 30 |
| Life expectancy at birth, years | 76.7 | 53.9 |
| Suicide mortality rate, per 100,000 people | 10.3 | 9.7 |
| Mortality caused by road traffic injury, per 100,000 people | 10.7 | 27.3 |
| Intentional homicides, per 100,000 people | 2.4 | 1.7 |
| International tourism, number of arrivals | 2.1M | 57k |
Government debt & reserves
| Stat | Montenegro | Sierra Leone |
|---|---|---|
| Central government debt, % of GDP | 72.1% | 71.3% |
| External debt stocks, % of GNI | 144.1% | 45.1% |
| External debt stocks | $8B | $1.7B |
| Short-term debt, % of total reserves | 17.2% | 37.5% |
| Total debt service, % of exports and primary income | 63.7% | 7.2% |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | -33.5% |
| Gross savings, % of GDP | 14.9% | -7.3% |
| Gross capital formation, % of GDP | 31.9% | 13.6% |
| Total reserves including gold | $1.2B | $502.6M |
| Foreign direct investment net inflows | $485.7M | $217.8M |
Exports, imports and economic structure
| Stat | Montenegro | Sierra Leone |
|---|---|---|
| Exports of goods and services, % of GDP | 42.9% | 17.5% |
| Imports of goods and services, % of GDP | 66.7% | 39.2% |
| Current account balance (balance of payments) | -$943M | -$646.1M |
| Revenue excluding grants, % of GDP | N/A | N/A |
| Grants excluding technical cooperation, BoP | $57.7M | $375.1M |
| Personal remittances received | $588.9M | $62.1M |
| Industry including construction value added, % of GDP | 15.9% | 5.3% |
| Agriculture, forestry and fishing value added, % of GDP | 6.7% | 58.9% |
| Charges for the use of intellectual property, payments BoP | $6M | $892k |
| Charges for the use of intellectual property, receipts BoP | $432k | $5.8M |
| Expense, % of GDP | N/A | N/A |
| Government Expenditure, % of GDP | 47.6% | 23.4% |
