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Sierra Leone is an extremely poor nation with tremendous inequality in income distribution. While it possesses substantial mineral, agricultural, and fishery resources, its physical and social infrastructure is not well developed, and serious social disorders continue to hamper economic development. Nearly half 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 and rutile mining.
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$4.585 billion (2009 est.)
country comparison to the world: 162
$4.409 billion (2008 est.)
$4.178 billion (2007 est.)
note:
data are in 2009 US dollars
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$1.877 billion (2009 est.)
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4% (2009 est.)
country comparison to the world: 46
5.5% (2008 est.)
6.4% (2007 est.)
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$900 (2009 est.)
country comparison to the world: 218
$900 (2008 est.)
$800 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 49%
industry:
31%
services:
21% (2005 est.)
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2.207 million (2007 est.)
country comparison to the world: 115
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agriculture: NA%
industry:
NA%
services:
NA%
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NA%
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70.2% (2004)
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lowest 10%: 2.6%
highest 10%:
33.6% (2003)
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62.9 (1989)
country comparison to the world: 5
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revenues: $96 million
expenditures:
$351 million (2000 est.)
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11.7% (2007 est.)
country comparison to the world: 201
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NA%
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24.5% (31 December 2008)
country comparison to the world: 11
25% (31 December 2007)
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$219.1 million (31 December 2008)
country comparison to the world: 143
$184.6 million (31 December 2007)
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$215.2 million (31 December 2008)
country comparison to the world: 148
$177.7 million (31 December 2007)
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$NA (31 December 2008)
$162.9 million (31 December 2007)
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$NA
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rice, coffee, cocoa, palm kernels, palm oil, peanuts; poultry, cattle, sheep, pigs; fish
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diamond mining; small-scale manufacturing (beverages, textiles, cigarettes, footwear); petroleum refining, small commercial ship repair
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NA%
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80 million kWh (2007 est.)
country comparison to the world: 194
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74.4 million kWh (2007 est.)
country comparison to the world: 195
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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28.98 bbl/day (2009 est.)
country comparison to the world: 113
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9,000 bbl/day (2009 est.)
country comparison to the world: 154
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502 bbl/day (2007 est.)
country comparison to the world: 127
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8,316 bbl/day (2007 est.)
country comparison to the world: 144
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0 bbl (1 January 2009 est.)
country comparison to the world: 123
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0 cu m (2008 est.)
country comparison to the world: 131
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0 cu m (2008 est.)
country comparison to the world: 179
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0 cu m (2008 est.)
country comparison to the world: 126
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0 cu m (2008 est.)
country comparison to the world: 132
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0 cu m (1 January 2009 est.)
country comparison to the world: 134
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-$63 million (2007 est.)
country comparison to the world: 71
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$216 million (2006)
country comparison to the world: 178
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diamonds, rutile, cocoa, coffee, fish
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Belgium 26.56%, US 11.87%, Netherlands 7.91%, UK 7.4%, India 6.67%, Cote d'Ivoire 6.13%, Greece 4.05% (2009)
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$560 million (2006)
country comparison to the world: 186
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foodstuffs, machinery and equipment, fuels and lubricants, chemicals
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South Africa 14.61%, China 7.58%, US 5.87%, Cote d'Ivoire 5.65%, India 5.19%, Malaysia 5.19%, France 5.08%, UK 4.48%, Netherlands 4.06% (2009)
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$1.61 billion (2003 est.)
country comparison to the world: 139
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leones (SLL) per US dollar - NA (2007), 2,961.7 (2006), 2,889.6 (2005), 2,701.3 (2004), 2,347.9 (2003)
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