Sierra Leone: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 10744.47 billion Sierra Leonean Leone as of May 2024, a decline compared to the previous value of 10947.22 billion Sierra Leonean Leone. Historically, the average for Sierra Leone from June 2015 to May 2024 is 6772.04 billion Sierra Leonean Leone. The minimum of 2792.66 billion Sierra Leonean Leone was recorded in July 2015, while the maximum of 13698.54 billion Sierra Leonean Leone was reached in April 2023.
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* indicates monthly or quarterly data series
- Measure: billion Sierra Leonean Leone
- Source: Central Bank of Sierra Leone
| Recent values | Sierra Leone: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 May | 10744.47 |
| 2024 Apr | 10947.22 |
| 2024 Mar | 11243.45 |
| 2024 Feb | 11394.93 |
| 2024 Jan | 11479.78 |
| 2023 Dec | 12888.75 |
| 2023 Nov | 11032.7 |
| 2023 Oct | 10989.27 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 120.80 | 2021 | percent |
| Trade openness | 107.75 | 2023 | percent |
| Financial openness | -1.242 | 2021 | index points |
| Exports, percent of GDP | 40.47 | 2023 | percent |
| Exports, billion dollars | 1.54 | 2023 | billion U.S. dollars |
| Growth of exports | 16.33 | 2023 | percent |
| Imports, percent of GDP | 67.28 | 2023 | percent |
| Imports, billion dollars | 2.56 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 7.18 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 0.29 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2022 | million dollars (current) |
| Current account, percent of GDP | -6.10 | 2023 | percent |
| Current account, in dollars | -0.16 | 2022 | billion U.S. dollars |
| Trade balance, percent of GDP | -24.34 | 2022 | percent |
| Trade balance, in dollars | -0.82 | 2022 | billion U.S. dollars |
| Reserves | 0.50 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 6.10 | 2023 | percent |
| Remittances | 232.35 | 2023 | million U.S. dollars |
| Net errors and omissions | -320.44 | 2022 | million USD |
| External debt | 48.94 | 2022 | percent |
| Short-term external debt | 6.93 | 2022 | percent |
| Short-term debt to reserves | 25.88 | 2022 | percent |
| Foreign exchange reserves | 10,744.47 | 5/2024 | billion |