Sierra Leone's frequently negative balance of trade and habitual deficit in current accounts are somewhat counterbalanced by capital inflows, generally from foreign governments.
The US Central Intelligence Agency (CIA) reports that in 2000 the purchasing power parity of Sierra Leone's exports was $65 million while imports totaled $145 million resulting in a trade deficit of $80 million.
The International Monetary Fund (IMF) reports that in 1995 Sierra Leone had exports of goods totaling $42 million and imports totaling $168 million. The services credit totaled $87 million and debit $92 million. The following table summarizes Sierra Leone's balance of payments as reported by the IMF for 1995 in millions of US dollars.
Current Account | -127 |
Balance on goods | -127 |
Balance on services | -5 |
Balance on income | -21 |
Current transfers | 26 |
Capital Account | … |
Financial Account | 62 |
Direct investment abroad | … |
Direct investment in Sierra Leone | -2 |
Portfolio investment assets | … |
Portfolio investment liabilities | … |
Other investment assets | 16 |
Other investment liabilities | 48 |
Net Errors and Omissions | 19 |
Reserves and Related Items | 46 |
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