Sierra Leone Inflation Rate 2007-2024
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.
- Sierra Leone inflation rate for 2023 was 47.64%, a 20.43% increase from 2022.
- Sierra Leone inflation rate for 2022 was 27.21%, a 15.33% increase from 2021.
- Sierra Leone inflation rate for 2021 was 11.87%, a 1.57% decline from 2020.
- Sierra Leone inflation rate for 2020 was 13.45%, a 1.36% decline from 2019.
Sierra Leone Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
47.64% |
20.43% |
2022 |
27.21% |
15.33% |
2021 |
11.87% |
-1.57% |
2020 |
13.45% |
-1.36% |
2019 |
14.81% |
-1.22% |
2018 |
16.03% |
-2.19% |
2017 |
18.22% |
7.34% |
2016 |
10.89% |
4.20% |
2015 |
6.69% |
2.05% |
2014 |
4.64% |
-0.88% |
2013 |
5.52% |
-1.06% |
2012 |
6.59% |
-0.20% |
2011 |
6.79% |
-0.39% |
2010 |
7.19% |
-0.28% |
2009 |
7.47% |
-0.74% |
2008 |
8.21% |
-3.44% |
2007 |
11.65% |
-3.44% |