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Sierra Leone vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, South Africa and Sierra Leone ranked 151st vs 170th and 95th vs 189th, respectively.

Gross Domestic Product & Income

StatSierra LeoneSouth Africa
GDP$4.1B$368.3B
GDP growth, 1 year3.7%0.8%
GDP growth, 5-years average-0.4%1.1%
Population7.6M57.7M
GDP per capita$534$6.4k
GDP per capita growth1.26%-0.57%
Purchasing Power Parity conversion factor2643.886.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.47
GDP per capita, PPP adjusted$1.6k$14k
GNI, Atlas method$3.7B$332.3B
GNI per capita$490$5.8k
GNI, PPP adjusted$11.4B$765.8B
GNI per capita, PPP adjusted$1.5k$13k

Financial system and Human development

StatSierra LeoneSouth Africa
Income Tax Rate15%45%
Corporate Tax Rate30%28%
Inflation, consumer prices16.9%4.6%
Inflation, GDP deflator13.4%3.9%
Unemployment4.3%27%
Economic Freedom Index4858.8
Personal Freedom Index6.556.92
Human Freedom Index6.246.78
Property Rights Index40.758.4
Judical Effectiveness Index39.438
Business Freedom Index50.162
Fiscal Health Index9.864
Labor Freedom Index29.758.8
Investment Freedom Index6045
Financial Freedom Index2050
Trade Freedom Index69.475.8
Monetary Freedom Index64.275.9
Government Spending Index83.567.4
Tax Burden Index87.563.7
Government Integrity Index21.846.6
Corruption Perceptions Index3043
Life expectancy at birth, years53.963.5
Suicide mortality rate, per 100,000 people9.711.6
Mortality caused by road traffic injury, per 100,000 people27.325.9
Intentional homicides, per 100,000 people1.735.9
International tourism, number of arrivals57k10.5M

Government debt & reserves

StatSierra LeoneSouth Africa
Central government debt, % of GDP71.3%56.7%
External debt stocks, % of GNI45.1%50.6%
External debt stocks$1.7B$179.3B
Short-term debt, % of total reserves37.5%70.9%
Total debt service, % of exports and primary income7.2%19.9%
Adjusted net savings including particulate emission damage, % of GNI-33.5%0.6%
Gross savings, % of GDP-7.3%14.9%
Gross capital formation, % of GDP13.6%17.9%
Total reserves including gold$502.6M$51.6B
Foreign direct investment net inflows$217.8M$5.5B

Exports, imports and economic structure

StatSierra LeoneSouth Africa
Exports of goods and services, % of GDP17.5%29.9%
Imports of goods and services, % of GDP39.2%29.6%
Current account balance (balance of payments)-$646.1M-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$375.1M$817.9M
Personal remittances received$62.1M$929M
Industry including construction value added, % of GDP5.3%25.9%
Agriculture, forestry and fishing value added, % of GDP58.9%2.2%
Charges for the use of intellectual property, payments BoP$892k$1.8B
Charges for the use of intellectual property, receipts BoP$5.8M$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDP23.4%33%

Compare with countries close by GDP per capita

Sierra Leone vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M