Sierra Leone vs Tanzania: Economic Indicators Comparison

Tanzania with a GDP of $58B ranked the 80th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Tanzania and Sierra Leone ranked 18th vs 170th and 169th vs 189th, respectively.

Gross Domestic Product & Income

StatSierra LeoneTanzania
GDP$4.1B$58B
GDP growth, 1 year3.7%6.6%
GDP growth, 5-years average-0.4%6.6%
Population7.6M57.3M
GDP per capita$534$1.1k
GDP per capita growth1.26%2.12%
Purchasing Power Parity conversion factor2643.88741.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.33
GDP per capita, PPP adjusted$1.6k$3.4k
GNI, Atlas method$3.7B$55.7B
GNI per capita$490$1k
GNI, PPP adjusted$11.4B$171.7B
GNI per capita, PPP adjusted$1.5k$3.2k

Financial system and Human development

StatSierra LeoneTanzania
Income Tax Rate15%30%
Corporate Tax Rate30%30%
Inflation, consumer prices16.9%3.5%
Inflation, GDP deflator13.4%4.8%
Unemployment4.3%1.9%
Economic Freedom Index4861.7
Personal Freedom Index6.556.51
Human Freedom Index6.246.37
Property Rights Index40.741.9
Judical Effectiveness Index39.443.4
Business Freedom Index50.145.9
Fiscal Health Index9.892.9
Labor Freedom Index29.766.4
Investment Freedom Index6055
Financial Freedom Index2050
Trade Freedom Index69.467.8
Monetary Freedom Index64.272.2
Government Spending Index83.591.6
Tax Burden Index87.580.6
Government Integrity Index21.832.5
Corruption Perceptions Index3036
Life expectancy at birth, years53.964.5
Suicide mortality rate, per 100,000 people9.75.4
Mortality caused by road traffic injury, per 100,000 people27.329.2
Intentional homicides, per 100,000 people1.77
International tourism, number of arrivals57k1.4M

Government debt & reserves

StatSierra LeoneTanzania
Central government debt, % of GDP71.3%36%
External debt stocks, % of GNI45.1%33.1%
External debt stocks$1.7B$18.6B
Short-term debt, % of total reserves37.5%35.9%
Total debt service, % of exports and primary income7.2%8.4%
Adjusted net savings including particulate emission damage, % of GNI-33.5%23.1%
Gross savings, % of GDP-7.3%30.5%
Gross capital formation, % of GDP13.6%34%
Total reserves including gold$502.6M$5B
Foreign direct investment net inflows$217.8M$1.1B

Exports, imports and economic structure

StatSierra LeoneTanzania
Exports of goods and services, % of GDP17.5%15.1%
Imports of goods and services, % of GDP39.2%17.1%
Current account balance (balance of payments)-$646.1M-$1.9B
Revenue excluding grants, % of GDPN/A13.7%
Grants excluding technical cooperation, BoP$375.1M$1.6B
Personal remittances received$62.1M$412.9M
Industry including construction value added, % of GDP5.3%25.1%
Agriculture, forestry and fishing value added, % of GDP58.9%28.7%
Charges for the use of intellectual property, payments BoP$892k$6.1M
Charges for the use of intellectual property, receipts BoP$5.8M$83k
Expense, % of GDPN/A14.3%
Government Expenditure, % of GDP23.4%16.8%

Compare with countries close by GDP per capita

Sierra Leone vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Tanzania vs

CountryGDP
per capita
Population
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M