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Economy of Sierra Leone vs Yemen compared: GDP & Debt

Updated on by Georank team

Sierra Leone has a GDP of $6.97B compared to $21.6B for Yemen, ranking 160/197 and 125/197 by economy size, respectively.

Sierra Leone has $2.91B in government debt (41.7% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Sierra Leone vs Yemen GDP by year

Sierra Leone
Yemen
1x
Year GDP, current $
Sierra Leone Yemen
2024 $6,971,127,235 -
2023 $6,415,852,767 -
2022 $7,121,125,278 -
2021 $7,166,931,485 -
2020 $6,688,307,703 -
2019 $6,523,577,594 -
2018 $6,390,514,689 $21,606,160,663
2017 $5,749,846,528 $26,842,229,045
2016 $6,084,297,211 $31,317,825,274
2015 $6,788,352,975 $42,444,490,074
2014 $7,686,138,791 $43,228,585,321
2013 $7,502,762,863 $40,415,233,436
2012 $6,141,666,509 $35,401,331,610
2011 $4,861,632,885 $32,726,417,878
2010 $4,262,805,967 $30,906,749,533
2009 $3,953,403,098 $25,130,278,213
2008 $4,157,895,298 $26,910,855,807
2007 $3,632,957,611 $21,650,528,674
2006 $3,263,697,467 $19,063,143,370
2005 $2,545,275,313 $16,731,566,717
2004 $2,237,350,687 $13,867,634,371
2003 $2,142,618,046 $11,777,532,662
2002 $1,933,863,911 $10,693,430,511
2001 $1,681,473,894 $9,852,990,693
2000 $635,866,404 $9,679,316,770
1999 $669,386,624 $7,639,325,296
1998 $672,368,187 $6,322,175,566
1997 $850,232,760 $6,838,298,531
1996 $941,709,423 $6,496,163,616
1995 $870,740,292 $12,796,345,679
1994 $911,853,802 $28,019,483,764
1993 $768,867,883 $21,736,802,664
1992 $679,940,814 $17,959,367,194
1991 $779,981,987 $14,665,445,462
1990 $649,644,098 $12,643,821,569
1989 $932,974,420 -
1988 $1,055,083,933 -
1987 $660,106,336 -
1986 $490,181,457 -
1985 $856,890,459 -
1984 $1,087,471,862 -
1983 $995,104,305 -
1982 $1,295,361,886 -
1981 $1,114,830,472 -
1980 $1,100,685,845 -
1979 $1,109,374,911 -
1978 $960,728,339 -
1977 $691,777,584 -
1976 $594,895,942 -
1975 $679,336,344 -
1974 $648,590,643 -
1973 $575,230,724 -
1972 $465,381,340 -
1971 $419,549,305 -
1970 $434,410,974 -
1969 $408,690,163 -
1968 $329,859,732 -
1967 $348,795,303 -
1966 $375,479,850 -
1965 $359,379,856 -
1964 $371,847,461 -
1963 $348,547,279 -
1962 $342,721,416 -
1961 $327,834,191 -
1960 $322,009,962 -

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

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

GDP per capita in Sierra Leone vs Yemen by year

Sierra Leone
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Sierra Leone Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $807 $3,522 - -
2023 $758 $3,368 - -
2022 $860 $3,144 - -
2021 $885 $2,849 - -
2020 $845 $2,719 - -
2019 $844 $2,704 - -
2018 $846 $2,640 $634 -
2017 $779 $2,501 $811 -
2016 $844 $2,635 $975 -
2015 $965 $2,560 $1,362 -
2014 $1,118 $2,762 $1,430 -
2013 $1,117 $2,701 $1,379 $3,164
2012 $938 $2,317 $1,245 $3,005
2011 $761 $2,043 $1,186 $3,113
2010 $685 $1,900 $1,155 $3,603
2009 $653 $1,814 $969 $3,411
2008 $705 $1,824 $1,072 $3,370
2007 $632 $1,770 $890 $3,294
2006 $580 $1,698 $810 $3,205
2005 $463 $1,615 $734 $3,113
2004 $418 $1,541 $628 $2,949
2003 $414 $1,458 $549 $2,844
2002 $389 $1,360 $513 $2,768
2001 $358 $1,121 $487 $2,702
2000 $143.7 $1,242 $493 $2,624
1999 $155 $1,167 $401 $2,492
1998 $156.5 $1,180 $343 $2,442
1997 $199.9 $1,157 $383 $2,351
1996 $224.3 $1,225 $375 $2,268
1995 $208.4 $1,187 $764 $2,201
1994 $218.5 $1,266 $1,735 $2,115
1993 $185 $1,269 $1,397 $2,013
1992 $163.2 $1,220 $1,198 $1,963
1991 $183.7 $1,445 $1,016 $1,843
1990 $154.8 $1,382 $910 $1,742
1989 $231.3 - - -
1988 $268.2 - - -
1987 $172.4 - - -
1986 $131.5 - - -
1985 $235.5 - - -
1984 $306 - - -
1983 $285.8 - - -
1982 $380 - - -
1981 $334 - - -
1980 $336 - - -
1979 $346 - - -
1978 $305 - - -
1977 $224.2 - - -
1976 $196.4 - - -
1975 $228.4 - - -
1974 $222.1 - - -
1973 $200.6 - - -
1972 $165.4 - - -
1971 $151.8 - - -
1970 $160.2 - - -
1969 $153.6 - - -
1968 $126.3 - - -
1967 $136.1 - - -
1966 $149.3 - - -
1965 $145.6 - - -
1964 $153.4 - - -
1963 $146.3 - - -
1962 $146.3 - - -
1961 $142.3 - - -
1960 $142 - - -

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

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

Sierra Leone's GDP per capita is $807, ranking 186/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Sierra Leone ranks 171st at $3,522, while Yemen ranks 178th at $3,164.

Economic indicators

Sierra Leone Yemen
Gross domestic product
$6.97B
2024
$21.6B
2018
GDP rank
160/197
2024
125/197
2018
GDP growth
4.29%
2023-2024
0.75%
2017-2018
GDP per capita
$807
2024
$634
2018
GDP per capita rank
186/197
2024
191/197
2018
GDP per capita, PPP
$3,522
2024
$3,164
2013
GDP per capita PPP rank
171/197
2024
178/197
2013
Government debt
$2.91B
2024
$18.8B
2018
Debt-to-GDP ratio
41.7%
2024
70.9%
2024
Government debt per person
$337
2024
$551
2018
Government debt per person rank
174/185
2024
165/185
2018
Average annual personal income after taxes
$2,915
2026
$1,127
2026
Income share by richest 10%
29.4%
2018
29.4%
2014
Income share by poorest 10%
3.4%
2018
3%
2014
Government expenditure, % of GDP
15.6%
2024
8.91%
2024
Consumer prices inflation
28.4%
2023-2024
33.9%
2023-2024
Central bank interest rate
18.8%
2025
n/a
Unemployment rate
3.19%
2018
13.5%
2014
Population
9049533
43325643

Spending and national debt comparison by year

Sierra Leone
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Sierra Leone Yemen
Government spending Government debt Government spending Government debt
2024 15.6% 41.7% 8.91% 70.9%
2023 15.4% 49.5% 11.8% 77.9%
2022 16.7% 54% 12.2% 65.3%
2021 16.8% 47.1% 8.22% 75.9%
2020 15.6% 46.4% 10.6% 87%
2019 13.3% 45.3% 13.2% 91.5%
2018 13.7% 44.2% 14.3% 86.9%
2017 15% 44.2% 8.39% 83.8%
2016 14.9% 38.9% 16.1% 76.5%
2015 13.1% 28.4% 19.4% 57.7%
2014 13.5% 26.8% 27.8% 48.9%
2013 11.4% 22.3% 30.8% 48.4%
2012 13.5% 24.1% 36.2% 47.6%
2011 13.2% 25.8% 29.8% 45.7%
2010 12.5% 28.9% 30.2% 42.4%
2009 11.3% 31.1% 35.2% 49.8%
2008 10.3% 46.1% 41.2% 36.4%
2007 8.1% 26.4% 40.3% 40.4%
2006 9.97% 61.9% 37.4% 40.8%
2005 10.9% 78.9% 36.8% 43.8%
2004 11.1% 93.2% 34.2% 52.1%
2003 11.7% 99.8% 35.3% 56.8%
2002 12.6% 99.8% 30.8% 57.8%
2001 12% 113.5% 30.5% 60.6%
2000 10.3% - 31.7% 60.8%
1999 - - 28.2% 96.1%
1998 - - 34.3% 110.6%
1997 - - 34.2% 74.2%
1996 - - 30.7% 114.9%
1995 - - 24.1% 84.1%
1994 - - 25.2% 73.3%
1993 - - 25.8% 76.7%
1992 - - 24.6% 78%
1991 - - 24.7% 82.7%
1990 - - 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Sierra Leone's government spending was $1.09B, accounting for 15.6% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 41.7% in Sierra Leone and 70.9% in Yemen, ranking 128/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Sierra Leone

Yemen
1x
Year Deficit/surplus, % of GDP
Sierra Leone Yemen
2024 -4.53% -2.48%
2023 -4.99% -5.63%
2022 -5.93% -2.15%
2021 -4.35% -0.89%
2020 -3.5% -4.3%
2019 -1.95% -5.89%
2018 -3.57% -7.85%
2017 -5.61% -4.9%
2016 -5.41% -8.51%
2015 -2.86% -8.75%
2014 -2.77% -4.14%
2013 -1.74% -6.9%
2012 -3.41% -6.32%
2011 -2.78% -4.51%
2010 -3.09% -4.06%
2009 -1.51% -10.2%
2008 -2.22% -4.53%
2007 12.6% -7.18%
2006 -0.93% 1.19%
2005 -1.17% -1.82%
2004 -1.46% -2.15%
2003 -2.78% -4.2%
2002 -3.03% -0.56%
2001 -3.22% 2.79%
2000 -1.94% 6.09%
1999 - 0.06%
1998 - -7.77%
1997 - -1.5%
1996 - -0.92%
1995 - -5.74%
1994 - -14%
1993 - -12.8%
1992 - -10.9%
1991 - -5.76%
1990 - -10.3%

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

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

In 2018, Sierra Leone's government deficit, the difference between spending and revenue, was $228M, equivalent to 3.57% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 19 years, Sierra Leone recorded a fiscal deficit in 18 of those years, while Yemen ran a deficit in 16 years. On average, Sierra Leone posted an annual deficit equal to 1.94% of GDP, compared to deficit of 4.03% of GDP for Yemen.

Inflation comparison by year

Inflation
Sierra Leone

Yemen
1x
Year Consumer prices inflation
Sierra Leone Yemen
2024 28.4% 33.9%
2023 47.7% 0.9%
2022 27.2% 29.5%
2021 11.9% 31.5%
2020 13.4% 21.7%
2019 14.8% 15.7%
2018 16% 33.6%
2017 18.2% 30.4%
2016 10.9% 21.3%
2015 6.7% 22%
2014 4.6% 8.2%
2013 5.5% 11%
2012 6.6% 9.9%
2011 6.8% 19.5%
2010 7.2% 11.2%
2009 7.5% 3.7%
2008 8.2% 19%
2007 17% 7.9%
2006 10.5% 10.8%
2005 13.7% 9.9%
2004 12.9% 12.5%
2003 4% 10.8%
2002 0.1% 12.2%
2001 2.6% 11.9%
2000 -0.9% 11%
1999 34.1% 7.9%
1998 36% 11.5%
1997 14.6% 4.6%

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

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

Over the past 28 years, Sierra Leone has recorded an average annual inflation rate of 13.8%, compared with 15.5% in Yemen. In 2024, inflation was 28.4% in Sierra Leone and 33.9% in Yemen.

Balance of trade

Sierra Leone Yemen
Current account balance
-$606M
2023
-$2.42B
2016
Current account balance ranking
109/190
2023
148/190
2016
Current account balance, % of GDP
-9.45%
2023
-7.72%
2016
Goods imports
$1.92B
2023
$6.8B
2016
Goods exports
$1.34B
2023
$473M
2016
Service imports
$348M
2023
$1.46B
2016
Service exports
$42.5M
2023
$466M
2016
Imports of goods and services, % of GDP
23.3%
2024
47.3%
2018
Exports of goods and services, % of GDP
17.3%
2024
8.76%
2018

Economic freedom indices

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

Sierra Leone Yemen
Economic freedom 49.6 53.7
Economic freedom ranking 165/197 138/197
Property rights 32.9 3.5
Government integrity 35.8 6.2
Judicial effectiveness 42 9.9
Tax burden 88.2 93.7
Government spending 92.4 0
Fiscal health 54.1 71.2
Business freedom 44.8 31.3
Labor freedom 38.2 31.2
Monetary freedom 53.6 48.1
Trade freedom 63.6 67.4
Investment freedom 30 50
Financial freedom 20 30

Economic freedom comparison by year

Sierra Leone
Yemen
1x
Year Economic freedom index
Sierra Leone Yemen
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 53.7
2014 50.5 55.5
2013 48.3 55.9
2012 49.1 55.3
2011 49.6 54.2
2010 47.9 54.4
2009 47.8 56.9
2008 48.3 53.8
2007 47 54.1
2006 45.2 52.6
2005 44.8 53.8
2004 43.6 50.5
2003 42.2 50.3
2002 - 48.6
2001 - 44.3
2000 44.2 44.5
1999 47.2 43.3
1998 47.7 46.1
1997 45 48.4
1996 52.3 49.6
1995 49.8 49.8

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

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

The Economic Freedom Index for Sierra Leone is 49.6, ranking 165/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Sierra Leone Yemen
Services, % of GDP
42.6%
2024
41.8%
2018
Industry, % of GDP
25.6%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
29.2%
2024
28.7%
2018
GNI, Atlas method
$7.08B
2024
$25.3B
2018
GNI per capita, PPP
$3,490
2024
$3,020
2013
Total reserves including gold
$433M
2024
$1.25B
2022
Total reserves ranking
160/177
2024
139/177
2022
Net foreign direct investment
-$241M
2023
$15.4M
2015
Net inflows of foreign direct investment
$122M
2024
-$371M
2019
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.22%
2024
0.53%
2018
Poverty at national poverty lines
56.8%
2018
48.6%
2014
Gross capital formation, % of GDP
20.5%
2024
6.18%
2018

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/yemen | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  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.