Sierra Leone Economy - 1986

GEOGRAPHICAL NAMES 

GDP: (current factor cost' $1 billion. (1983/84 est.); real growth rate 0.5% (1983/84)

Natural resources: diamonds, rutile, bauxite, iron ore, gold, chromite

Agriculture: main crops—palm kernels, coffee, cocoa, rice, yams, millet, ginger, cassava; much of cultivated land devoted to subsistence farming; food crops insufficient for domestic consumption

Fishing: catch 53,000 metric tons (1983)

Major industries: mining—diamonds, iron ore, bauxite, rutile, manufacturing beverages, textiles, cigarettes, construction goods; I oil refinery

Electric power: 65,000 kW capacity (1985); 113 million kWh produced (1985), 29 kWh per capita

Exports: $104 million (f.o.b., 1983/84); diamonds, iron ore, palm kernels, cocoa, coffee

Imports: $126 million (f.o.b., 1983/84); machinery and transportation equipment, manufactured goods, foodstuffs, petroleum products

Major trade partners: UK, EC, US, Japan, Communist countries

Budget: (1983/84) revenues, $109 million; current expenditures, $146 million; development expenditures, $68 million

Monetary conversion rate: (official) 2.5 leones=US$I (October 1983)

Fiscal year: I July-30June

NOTE: The information regarding Sierra Leone on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Sierra Leone 1986 information contained here. All suggestions for corrections of any errors about Sierra Leone 1986 should be addressed to the CIA or the source cited on each page.