Sierra Leone - Balance of payments

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.

Sierra Leone

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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