Mineral rents in Sierra Leone
Sierra Leone: Mineral rents was 0.2% in 2021. ◆ Volatile
Mineral rents in Sierra Leone, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Sierra Leone recorded 0.2% for mineral rents in 2021.
Compared with earlier readings it is up 4,984.1% on the previous year and down 82.8% over ten years.
Over the whole period, mineral rents in Sierra Leone peaked at 5.9% in 1986 and was at its lowest, 0.0%, in 1995.
Sierra Leone ranks 65th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Sierra Leone, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 2.4% | — |
| 1971 | 3.0% | +24.7% |
| 1972 | 2.7% | -10.8% |
| 1973 | 1.7% | -37.2% |
| 1974 | 3.0% | +78.9% |
| 1975 | 2.8% | -9.1% |
| 1976 | 2.0% | -26.6% |
| 1977 | 2.4% | +20.0% |
| 1978 | 1.7% | -31.6% |
| 1979 | 1.3% | -23.8% |
| 1980 | 1.5% | +16.3% |
| 1981 | 1.4% | -4.6% |
| 1982 | 1.6% | +11.0% |
| 1983 | 2.7% | +72.1% |
| 1984 | 3.1% | +15.3% |
| 1985 | 3.9% | +24.1% |
| 1986 | 5.9% | +53.3% |
| 1987 | 3.6% | -39.2% |
| 1988 | 2.2% | -37.5% |
| 1989 | 3.7% | +65.9% |
| 1990 | 4.8% | +27.9% |
| 1991 | 3.6% | -25.1% |
| 1992 | 4.5% | +25.5% |
| 1993 | 2.0% | -55.6% |
| 1994 | 1.7% | -15.8% |
| 1995 | 0.0% | -100.0% |
| 1996 | 0.0% | — |
| 1997 | 0.1% | +176.4% |
| 1998 | 0.0% | -96.7% |
| 1999 | 0.0% | -100.0% |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | +166.5% |
| 2006 | 1.0% | +16329.7% |
| 2007 | 1.2% | +20.6% |
| 2008 | 0.6% | -52.3% |
| 2009 | 0.5% | -15.4% |
| 2010 | 0.8% | +57.5% |
| 2011 | 1.2% | +56.6% |
| 2012 | 1.0% | -18.4% |
| 2013 | 0.2% | -81.6% |
| 2014 | 0.3% | +50.7% |
| 2015 | 0.8% | +170.8% |
| 2016 | 2.8% | +269.4% |
| 2017 | 3.7% | +31.1% |
| 2018 | 0.9% | -76.5% |
| 2019 | 0.0% | -98.0% |
| 2020 | 0.0% | -76.2% |
| 2021 | 0.2% | +4984.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 1.3% | 3.0% | 10 |
| 1980s | 3.0% | 1.4% | 5.9% | 10 |
| 1990s | 1.7% | 0.0% | 4.8% | 10 |
| 2000s | 0.3% | 0.0% | 1.2% | 10 |
| 2010s | 1.2% | 0.0% | 3.7% | 10 |
| 2020s | 0.1% | 0.0% | 0.2% | 2 |
Countries ranked near Sierra Leone
More energy & mining data for Sierra Leone
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.19 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 1.1% (2018)
Frequently asked questions
- What is mineral rents in Sierra Leone?
- Mineral rents in Sierra Leone was 0.2% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Sierra Leone?
- The highest recorded value was 5.9% in 1986.
- What is the lowest mineral rents recorded in Sierra Leone?
- The lowest recorded value was 0.0% in 1995.
- How does Sierra Leone rank for mineral rents?
- Sierra Leone ranks 65th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Sierra Leone?
- Over the last ten years it is down 82.8%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.