Sierra Leone is projected to achieve GDP growth of 4.5% in 2025, up from 4.1% in 2024, driven by increased private consumption and public sector wage growth. Nonetheless, risks such as currency depreciation and agricultural sector performance could negatively impact these forecasts.
In 2025, the growth of Sierra Leone’s economy is projected to enhance, showing an increment from an estimated 4.1% in 2024 to 4.5%. This upward trajectory is attributed mainly to an increase in private consumption, spurred by rising public sector wages and improved purchasing power among consumers.
However, the economic outlook is tempered by several risks. If the country experiences a slowdown in its disinflationary trend, possibly due to currency depreciation, agricultural sector underperformance, or potential climate-related shocks, a downward adjustment to the growth forecasts may be necessary.
This analysis is published by BMI, a division of Fitch Solutions, and should not be interpreted as a reflection of Fitch Ratings’ credit ratings. The insights and data presented are sourced exclusively from BMI and other independent entities, ensuring an objective view of Sierra Leone’s economic prospects.
Sierra Leone is expected to witness a growth acceleration from 4.1% to 4.5% in 2025, primarily driven by rising private consumption and increased public sector wages. However, various risks, including potential economic shocks or currency depreciation, could hinder these projections. This underscores the need for careful monitoring of both domestic and external economic factors.
Original Source: www.fitchsolutions.com
