Sierra Leone

Republic of Sierra Leone

English Sierra Leonean Leone (SLL) Mixed: English common law, customary law
AU, ECOWAS, AfCFTA, Commonwealth, WTO
Sierra Leone is rebuilding its economy after the devastating 2014-2016 Ebola epidemic and decades of civil conflict. Key sectors include iron ore mining (Marampa and Tonkolili mines), diamonds, rutile (world's largest deposit), bauxite, agriculture (rice, cocoa, coffee), and fisheries. The Freetown port serves as a natural deep-water harbor. The country has improved democratic governance with peaceful power transitions. Challenges include poor infrastructure, limited electricity access, high youth unemployment, and vulnerability to commodity price swings.
Snapshot Focus Sectors Regulations & Taxes Businesses (103) People

Snapshot

Population~8.8 MWorld Bank WDI
GDP (current USD)$8.6 BIMF WEO
GDP per Capita$480IMF WEO
GDP Growth4.00%IMF WEO
Inflation (y/y)~35.00%Central Bank / IMF
Internet Use~22.00%World Bank WDI
Electrification~27.00%World Bank WDI
CPI Score (Rank)34.0/100 (#110)Transparency Intl
HDI (Rank)0.477 (#181)UNDP HDR

Focus Sectors

Mining (iron ore
diamonds
rutile
bauxite)
Agriculture (rice
cocoa
coffee)
Fisheries
Tourism
Telecoms

Regulations & Taxes

Corporate Income Tax25% standard (mining: variable)
VAT / Sales Tax15% standard

Business Directory (103)

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AF

Africell Money Sierra Leone

Corporate

Africell mobile money

Freetown
AF

Africell Sierra Leone

Corporate

Major mobile operator

Freetown
BA

Bank of Sierra Leone

Non-profit

Central bank since 1964

Freetown
BU

Bumbuna Hydroelectric Dam

Corporate

Main hydroelectric dam

Bumbuna
CO

Concord Times Sierra Leone

SME

Leading independent daily

Freetown
CO

Connaught Hospital

Non-profit

Main national hospital

Freetown
DS

DSTI - Directorate of Science Technology and Innovation

Non-profit

Digital transformation body

Freetown
EA

East End Lions

Non-profit

Historic football club

Freetown
EC

Ecobank Sierra Leone

Corporate

Pan-African banking

Freetown
ED

EDSA - Electricity Distribution and Supply Authority

Corporate

National electricity distributor

Freetown
FO

Fourah Bay College

Non-profit

West Africa's oldest university since 1827

Freetown
FR

Freetown Peninsula Beaches

Non-profit

Beautiful beach destination

Freetown
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Tenders

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Rehabilitation and upgrade of the Masingbi Community Health Center,Konike Sand Chiefdom; Bendugu Community Health Centre Tonkolili District; and Hinistas Community Health Centre, including Supply and Installation of Renewable Solar System and incinerator

World Bank-financed: Sierra Leone - Quality Essential Health Services and Systems Support Project

Rehabilitation and upgrade of the Korobola Community Health Centre, Neya Chiefdom; Mongor Community Health Centre; and Falaba Community Health Centre, Falaba District, including Supply and Installation of Renewable Solar System and incinerator.

World Bank-financed: Sierra Leone - Quality Essential Health Services and Systems Support Project

Procurement of laboratory Equipment, Reagent, and Supplies (4 BD MAX system; 4 BD SARS-CoV-2 Reagents; D MAX™ Enteric Viral Panel, PCR Cartridge and others as outlined in ths schedule)

World Bank-financed: Sierra Leone - Quality Essential Health Services and Systems Support Project

Rehabilitation and upgrade of Tihun Town Community Health Centre, Moriba Town Community Health Centre, Imperi Chiefdom and UBC Community Health Centre, Mattru, Bonthe District, including Supply and Installation of a new solar system and incinerator.

World Bank-financed: Sierra Leone - Quality Essential Health Services and Systems Support Project

Data Notes: Population, GDP, and GDP per capita are latest IMF WEO / World Bank estimates. Inflation is year-over-year. Trade data from UN Comtrade/OEC (2023). Tax rates from PwC/KPMG country guides. CPI from Transparency International. HDI from UNDP Human Development Report.
Narrative last updated: April 8, 2026.