Sierra Leone - Income



The US Central Intelligence Agency (CIA) reports that in 2001 Sierra Leone's gross domestic product (GDP) was estimated at $2.7 billion. The per capita GDP was estimated at $500. The annual growth rate of GDP was estimated at 3%. The average inflation rate in 2000 was 15%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 43% of GDP, industry 27%, and services 30%. Foreign aid receipts amounted to about $65 per capita and accounted for approximately 46% of the gross national income (GNI).

The World Bank reports that in 2001 per capita household consumption (in constant 1995 US dollars) was $139. Household consumption includes expenditures of individuals, households, and nongovernmental organizations on goods and services, excluding purchases of dwellings. It was estimated that for the same period private consumption grew at an annual rate of 8%. Approximately 47% of household consumption was spent on food, 9% on fuel, 3% on health care, and 13% on education. The richest 10% of the population accounted for approximately 43.6% of household consumption and the poorest 10% approximately 0.5%. It was estimated that in 1989 about 68% of the population had incomes below the poverty line.

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Jun 3, 2011 @ 12:12 pm
I THINK YOU NEED MORE PICTURES. IT WOULD BE MORE INTERESTING AND IT WOULD HELP EXPLAIN FOR THOSE OF US WHO ARE STUPID AND HAVE TROUBLE UNDERSTANDING. SOME GRAPHS WOUDL BE NICE

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