Sierra Leone Oil production Sierra Leone Electricity production

Sierra Leone Economy

Economy - overview:sierra leone is an extremely poor african nation with tremendous inequality in income distribution. while it possesses substantial mineral. agricultural. and fishery resources. its economic and social infrastructure is not well developed. and serious social disorders continue to hamper economic development. about two-thirds of the working-age population engages in subsistence agriculture. manufacturing consists mainly of the processing of raw materials and of light manufacturing for the domestic market. alluvial diamond mining remains the major source of hard currency earnings. accounting for nearly half of sierra leone's exports. the fate of the economy depends upon the maintenance of domestic peace and the continued receipt of substantial aid from abroad. which is essential to offset the severe trade imbalance and supplement government revenues. the imf has completed a poverty reduction and growth facility program that helped stabilize economic growth and reduce inflation. a recent increase in political stability has led to a revival of economic activity. such as the rehabilitation of bauxite mining.

GDP (purchasing power parity) : $5.012 billion (2005 est.)

Inflation rate: 1% (2002 est.)

Labor force : 1.369 million (1981 est.)

Industries: diamonds mining; small-scale manufacturing (beverages. textiles. cigarettes. footwear); petroleum refining. small commercial ship repair

Sierra Leone

			Over view
			Geography
			People
			Government
			Economy
			Communications
			Transportation
			Militry

Sierra Leone More Facts

Electricity - production: 260.6 million kwh (2003)

Oil - production: 0.84 bbl/day (2003 est.)

Sierra Leone More Facts

Exports: $185 million f.o.b. (2004 est.)

Imports : $531 million f.o.b. (2004 est.)
Currency (code) : leone (sll)