Sierra Leone - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Sierra Leone was 11.87 as of 2021. As the graph below shows, over the past 14 years this indicator reached a maximum value of 18.22 in 2017 and a minimum value of 4.65 in 2014.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2007 11.65
2008 8.20
2009 7.47
2010 7.19
2011 6.79
2012 6.59
2013 5.52
2014 4.65
2015 6.69
2016 10.88
2017 18.22
2018 16.03
2019 14.80
2020 13.45
2021 11.87

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Sierra Leone was 10.92 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 165.68 in 1987 and a minimum value of -6.93 in 1971.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 0.00
1962 0.00
1963 0.00
1964 0.00
1965 5.20
1966 2.73
1967 -5.85
1968 6.67
1969 14.16
1970 -2.14
1971 -6.93
1972 5.95
1973 23.23
1974 14.16
1975 8.87
1976 8.28
1977 19.75
1978 23.85
1979 11.54
1980 -6.01
1981 8.70
1982 18.50
1983 19.44
1984 39.77
1985 68.89
1986 78.50
1987 165.68
1988 64.29
1989 61.49
1990 70.59
1991 128.76
1992 82.02
1993 26.74
1994 25.06
1995 33.60
1996 29.58
1997 2.25
1998 23.78
1999 17.19
2000 3.28
2001 73.84
2002 -3.92
2003 13.14
2004 12.82
2005 16.63
2006 12.33
2007 6.80
2008 9.99
2009 7.78
2010 17.18
2011 17.37
2012 12.04
2013 6.93
2014 1.80
2015 18.86
2016 1.78
2017 14.04
2018 14.02
2019 7.70
2020 10.92

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Sierra Leone was 10.92 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 128.76 in 1991 and -3.92 in 2002.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 70.59
1991 128.76
1992 82.02
1993 26.74
1994 25.06
1995 33.60
1996 29.58
1997 2.25
1998 23.78
1999 17.19
2000 3.28
2001 73.84
2002 -3.92
2003 13.14
2004 12.82
2005 16.63
2006 12.33
2007 6.80
2008 9.99
2009 7.78
2010 17.18
2011 17.37
2012 12.04
2013 6.93
2014 1.80
2015 18.86
2016 1.78
2017 14.04
2018 14.02
2019 7.70
2020 10.92

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices