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Economy of Sierra Leone vs Syria compared: GDP & Debt

Updated on by Georank team

Sierra Leone has a GDP of $6.97B compared to $20B for Syria, ranking 160/197 and 129/197 by economy size, respectively.

Sierra Leone has $2.91B in government debt (41.7% of GDP), compared to $18.4B (30% of GDP) in Syria.

Sierra Leone vs Syria GDP by year

Sierra Leone
Syria
1x
Year GDP, current $
Sierra Leone Syria
2024 $6,971,127,235 -
2023 $6,415,852,767 $19,993,439,950
2022 $7,121,125,278 $23,622,827,080
2021 $7,166,931,485 $14,353,205,678
2020 $6,688,307,703 $12,047,752,036
2019 $6,523,577,594 $22,583,045,060
2018 $6,390,514,689 $21,497,782,868
2017 $5,749,846,528 $16,369,843,352
2016 $6,084,297,211 $12,597,854,877
2015 $6,788,352,975 $16,466,863,117
2014 $7,686,138,791 $21,502,061,466
2013 $7,502,762,863 $21,361,254,635
2012 $6,141,666,509 $43,190,318,033
2011 $4,861,632,885 $67,539,428,159
2010 $4,262,805,967 $61,390,830,875
2009 $3,953,403,098 $54,111,735,629
2008 $4,157,895,298 $52,557,913,569
2007 $3,632,957,611 $40,465,318,382
2006 $3,263,697,467 $33,751,788,856
2005 $2,545,275,313 $28,858,965,517
2004 $2,237,350,687 $25,086,950,495
2003 $2,142,618,046 $21,828,144,686
2002 $1,933,863,911 $20,669,357,462
2001 $1,681,473,894 $20,237,024,725
2000 $635,866,404 $18,937,052,543
1999 $669,386,624 $15,873,875,969
1998 $672,368,187 $15,200,846,154
1997 $850,232,760 $14,505,233,463
1996 $941,709,423 $13,789,560,878
1995 $870,740,292 $11,396,706,587
1994 $911,853,802 $10,122,020,000
1993 $768,867,883 $13,695,962,055
1992 $679,940,814 $13,253,565,861
1991 $779,981,987 $12,981,833,333
1990 $649,644,098 $12,308,624,418
1989 $932,974,420 $9,853,395,762
1988 $1,055,083,933 $10,577,041,645
1987 $660,106,336 $11,356,215,543
1986 $490,181,457 $13,293,205,278
1985 $856,890,459 $16,403,539,893
1984 $1,087,471,862 $17,503,078,174
1983 $995,104,305 $17,589,277,143
1982 $1,295,361,886 $16,298,929,011
1981 $1,114,830,472 $15,518,201,335
1980 $1,100,685,845 $13,062,420,382
1979 $1,109,374,911 $9,929,681,529
1978 $960,728,339 $9,275,200,458
1977 $691,777,584 $7,696,011,396
1976 $594,895,942 $7,633,528,867
1975 $679,336,344 $6,826,980,444
1974 $648,590,643 $5,159,557,148
1973 $575,230,724 $3,239,487,516
1972 $465,381,340 $3,059,681,698
1971 $419,549,305 $2,589,851,325
1970 $434,410,974 $2,140,384,010
1969 $408,690,163 $2,245,011,515
1968 $329,859,732 $1,753,746,430
1967 $348,795,303 $1,580,229,799
1966 $375,479,850 $1,342,287,553
1965 $359,379,856 $1,472,036,540
1964 $371,847,461 $1,339,494,267
1963 $348,547,279 $1,200,447,408
1962 $342,721,416 $1,110,565,881
1961 $327,834,191 $945,244,972
1960 $322,009,962 $857,704,413

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

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

GDP per capita in Sierra Leone vs Syria by year

Sierra Leone
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Sierra Leone Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $807 $3,522 - -
2023 $758 $3,368 $847 $4,650
2022 $860 $3,144 $1,052 $4,772
2021 $885 $2,849 $664 $4,593
2020 $845 $2,719 $572 $3,738
2019 $844 $2,704 $1,110 $3,502
2018 $846 $2,640 $1,098 $3,456
2017 $779 $2,501 $852 $3,265
2016 $844 $2,635 $656 -
2015 $965 $2,560 $848 -
2014 $1,118 $2,762 $1,061 -
2013 $1,117 $2,701 $986 -
2012 $938 $2,317 $1,898 -
2011 $761 $2,043 $2,952 -
2010 $685 $1,900 $2,731 -
2009 $653 $1,814 $2,462 -
2008 $705 $1,824 $2,429 -
2007 $632 $1,770 $1,938 -
2006 $580 $1,698 $1,719 -
2005 $463 $1,615 $1,534 -
2004 $418 $1,541 $1,368 -
2003 $414 $1,458 $1,220 -
2002 $389 $1,360 $1,183 -
2001 $358 $1,121 $1,187 -
2000 $143.7 $1,242 $1,138 -
1999 $155 $1,167 $978 -
1998 $156.5 $1,180 $961 -
1997 $199.9 $1,157 $941 -
1996 $224.3 $1,225 $918 -
1995 $208.4 $1,187 $780 -
1994 $218.5 $1,266 $712 -
1993 $185 $1,269 $993 -
1992 $163.2 $1,220 $990 -
1991 $183.7 $1,445 $1,000 -
1990 $154.8 $1,382 $978 -
1989 $231.3 - $809 -
1988 $268.2 - $898 -
1987 $172.4 - $997 -
1986 $131.5 - $1,208 -
1985 $235.5 - $1,544 -
1984 $306 - $1,706 -
1983 $285.8 - $1,776 -
1982 $380 - $1,703 -
1981 $334 - $1,676 -
1980 $336 - $1,458 -
1979 $346 - $1,146 -
1978 $305 - $1,108 -
1977 $224.2 - $951 -
1976 $196.4 - $976 -
1975 $228.4 - $904 -
1974 $222.1 - $707 -
1973 $200.6 - $459 -
1972 $165.4 - $448 -
1971 $151.8 - $393 -
1970 $160.2 - $335 -
1969 $153.6 - $364 -
1968 $126.3 - $293.3 -
1967 $136.1 - $272.9 -
1966 $149.3 - $239.3 -
1965 $145.6 - $270.8 -
1964 $153.4 - $254.2 -
1963 $146.3 - $234.9 -
1962 $146.3 - $223.9 -
1961 $142.3 - $196.3 -
1960 $142 - $183.5 -

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

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

Sierra Leone's GDP per capita is $807, ranking 186/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Sierra Leone ranks 171st at $3,522, while Syria ranks 160th at $4,650.

Economic indicators

Sierra Leone Syria
Gross domestic product
$6.97B
2024
$20B
2023
GDP rank
160/197
2024
129/197
2023
GDP growth
4.29%
2023-2024
-1.21%
2022-2023
GDP per capita
$807
2024
$847
2023
GDP per capita rank
186/197
2024
185/197
2023
GDP per capita, PPP
$3,522
2024
$4,650
2023
GDP per capita PPP rank
171/197
2024
160/197
2023
Government debt
$2.91B
2024
$18.4B
2010
Debt-to-GDP ratio
41.7%
2024
30%
2010
Government debt per person
$337
2024
$820
2010
Government debt per person rank
174/185
2024
148/185
2010
Average annual personal income after taxes
$2,915
2026
$730
2026
Income share by richest 10%
29.4%
2018
21.1%
2022
Income share by poorest 10%
3.4%
2018
3.8%
2022
Government expenditure, % of GDP
15.6%
2024
28.6%
2010
Consumer prices inflation
28.4%
2023-2024
13.4%
2018-2019
Central bank interest rate
18.8%
2025
n/a
Unemployment rate
3.19%
2018
8.61%
2010
Population
9049533
26829400

Spending and national debt comparison by year

Sierra Leone
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Sierra Leone Syria
Government spending Government debt Government spending Government debt
2024 15.6% 41.7% - -
2023 15.4% 49.5% - -
2022 16.7% 54% - -
2021 16.8% 47.1% - -
2020 15.6% 46.4% - -
2019 13.3% 45.3% - -
2018 13.7% 44.2% - -
2017 15% 44.2% - -
2016 14.9% 38.9% - -
2015 13.1% 28.4% - -
2014 13.5% 26.8% - -
2013 11.4% 22.3% - -
2012 13.5% 24.1% - -
2011 13.2% 25.8% - -
2010 12.5% 28.9% 28.6% 30%
2009 11.3% 31.1% 26.7% 31.2%
2008 10.3% 46.1% 22.9% 37.3%
2007 8.1% 26.4% 25.7% 42.7%
2006 9.97% 61.9% 26.3% 45%
2005 10.9% 78.9% 28.2% 50.7%
2004 11.1% 93.2% 31.3% 113%
2003 11.7% 99.8% 32.6% 133.4%
2002 12.6% 99.8% 28.5% 132.4%
2001 12% 113.5% 28% 144.5%
2000 10.3% - 27.4% 152.1%
1999 - - 28% 147.7%
1998 - - 28.8% 151.2%
1997 - - 29% 147.6%
1996 - - 27.7% 141.5%
1995 - - 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Sierra Leone's government spending was $1.09B, accounting for 15.6% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 41.7% in Sierra Leone and 30% in Syria, ranking 128/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Sierra Leone

Syria
1x
Year Deficit/surplus, % of GDP
Sierra Leone Syria
2024 -4.53% -
2023 -4.99% -
2022 -5.93% -
2021 -4.35% -
2020 -3.5% -
2019 -1.95% -
2018 -3.57% -
2017 -5.61% -
2016 -5.41% -
2015 -2.86% -
2014 -2.77% -
2013 -1.74% -
2012 -3.41% -
2011 -2.78% -
2010 -3.09% -7.79%
2009 -1.51% -2.89%
2008 -2.22% -2.86%
2007 12.6% -2.99%
2006 -0.93% -1.12%
2005 -1.17% -4.41%
2004 -1.46% -4.18%
2003 -2.78% -2.7%
2002 -3.03% -2.02%
2001 -3.22% 2.3%
2000 -1.94% -1.36%
1999 - -1.47%
1998 - -2.81%
1997 - -1.78%
1996 - -2.83%
1995 - -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2010, Sierra Leone's government deficit, the difference between spending and revenue, was $132M, equivalent to 3.09% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 11 years, Sierra Leone recorded a fiscal deficit in 10 of those years, while Syria ran a deficit in 10 years. On average, Sierra Leone posted an annual deficit equal to 0.8% of GDP, compared to deficit of 2.73% of GDP for Syria.

Inflation comparison by year

Inflation
Sierra Leone

Syria
1x
Year Consumer prices inflation
Sierra Leone Syria
2024 28.4% -
2023 47.7% -
2022 27.2% -
2021 11.9% -
2020 13.4% -
2019 14.8% 13.4%
2018 16% 0.94%
2017 18.2% 18.1%
2016 10.9% 47.7%
2015 6.7% 38.5%
2014 4.6% 10.9%
2013 5.5% 40%
2012 6.6% 36.7%
2011 6.8% 4.75%
2010 7.2% 4.4%
2009 7.5% 2.92%
2008 8.2% 15.7%
2007 17% 3.91%
2006 10.5% 10%
2005 13.7% 7.24%
2004 12.9% 4.43%
2003 4% 5.8%
2002 0.1% -0.13%
2001 2.6% 3%
2000 -0.9% -3.85%
1999 34.1% -3.7%
1998 36% -0.8%
1997 14.6% 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 23 years, Sierra Leone has recorded an average annual inflation rate of 11.2%, compared with 11.4% in Syria. In 2019, inflation was 28.4% in Sierra Leone and 13.4% in Syria.

Top exports between countries

Sierra Leone
Export category Export value
Syria
Export category Export value
Processed food, beverages & tobacco $626K
Metals $213K
Chemicals & pharma $20K
Machinery & equipment $4K
Wood & paper products $1K

Balance of trade

Sierra Leone Syria
Current account balance
-$606M
2023
-$367M
2010
Current account balance ranking
109/190
2023
103/190
2010
Current account balance, % of GDP
-9.45%
2023
-0.6%
2010
Goods imports
$1.92B
2023
$15.9B
2010
Goods exports
$1.34B
2023
$12.3B
2010
Service imports
$348M
2023
$3.53B
2010
Service exports
$42.5M
2023
$7.33B
2010
Imports of goods and services, % of GDP
23.3%
2024
28.8%
2022
Exports of goods and services, % of GDP
17.3%
2024
6.81%
2022

Economic freedom indices

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

Sierra Leone Syria
Economic freedom 49.6 51.2
Economic freedom ranking 165/197 155/197
Property rights 32.9 4
Government integrity 35.8 3.6
Judicial effectiveness 42 3.7
Tax burden 88.2 87.3
Government spending 92.4 78.5
Fiscal health 54.1 13.8
Business freedom 44.8 33.8
Labor freedom 38.2 37.2
Monetary freedom 53.6 80
Trade freedom 63.6 47
Investment freedom 30 0
Financial freedom 20 20

Economic freedom comparison by year

Sierra Leone
Syria
1x
Year Economic freedom index
Sierra Leone Syria
2026 49.6 -
2025 48 -
2024 44.6 -
2023 50.2 -
2022 52 -
2021 51.7 -
2020 48 -
2019 47.5 -
2018 51.8 -
2017 52.6 -
2016 52.3 -
2015 51.7 -
2014 50.5 -
2013 48.3 -
2012 49.1 51.2
2011 49.6 51.3
2010 47.9 49.4
2009 47.8 51.3
2008 48.3 47.2
2007 47 48.3
2006 45.2 51.2
2005 44.8 46.3
2004 43.6 40.6
2003 42.2 41.3
2002 - 36.3
2001 - 36.6
2000 44.2 37.2
1999 47.2 39
1998 47.7 42.2
1997 45 43
1996 52.3 42.3
1995 49.8 -

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

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

The Economic Freedom Index for Sierra Leone is 49.6, ranking 165/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Sierra Leone Syria
Services, % of GDP
42.6%
2024
44.9%
2022
Industry, % of GDP
25.6%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
29.2%
2024
43.1%
2022
GNI, Atlas method
$7.08B
2024
$18.2B
2023
GNI per capita, PPP
$3,490
2024
$4,480
2023
Total reserves including gold
$433M
2024
$20.6B
2010
Total reserves ranking
160/177
2024
62/177
2010
Net foreign direct investment
-$241M
2023
-$1.47B
2010
Net inflows of foreign direct investment
$122M
2024
$0
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.22%
2024
0.15%
2023
Poverty at national poverty lines
56.8%
2018
35.2%
2007
Gross capital formation, % of GDP
20.5%
2024
16%
1969

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/sierra-leone/syria | CC BY

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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. TradeMap (2010, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.