Analysis by Region - Emerging Markets - Sierra Leone
Weak economic institutions, persistent cost-of-living crises, and high susceptibility to external shocks hinder sustained economic growth in Sierra Leone. Nevertheless, easing inflation should bolster government spending and private sector activity, with real GDP growth forecast to rise from 3.4% in 2023 to 3.5% in 2024 and 3.7% in 2026. Real GDP growth is forecast to decline again during 2027-2035 to an annual average of 3.1%. Inclusive economic growth is still out of reach.
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