In 2023, Sierra Leone's GDP was predominantly driven by the agriculture, hunting, forestry, and fishing sector, contributing 59.95%. The services sector accounted for 20.4%, while wholesale, retail trade, restaurants, and hotels made up 9.78%. Mining, manufacturing, and utilities represented 4.79%, with transport, storage, and communication contributing 4.09%, and construction at 0.99%. Over the past two years, agriculture experienced slight fluctuations, but maintained its dominance. Services grew marginally, while retail and trade segments saw minimal changes. The mining and utilities sector remained relatively steady.
Future trends to watch include diversification efforts that might increase the share of services and manufacturing, improvements in infrastructure boosting transport and communications, and sustainability challenges impacting agriculture. Economic diversification and investment in emerging sectors are crucial for future balanced growth.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Agriculture, hunting, forestry, fishing | 59.95 | 2016 | |
| 2 | 2 Services | 20.4 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 9.78 | 2016 | |
| 4 | 4 Mining, Manufacturing, Utilities | 4.79 | 2016 | |
| 5 | 5 Transport, storage and communication | 4.09 | 2016 | |
| 6 | 6 Construction | 0.99 | 2016 |
