Inflation Sierra Leone 2020
Average inflation: 13.5%
Current Inflation
Inflation is very high at 13.5%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 15.6%. The lowest inflation was in December at 10.4%.
- Highest month
- March: 15.6%
- Lowest month
- December: 10.4%
- Difference
- 5.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 13.8%. The lowest price increase was in Energy with an average of 3.7%.
- Highest increase
- Food: 13.8%
- Lowest increase
- Energy: 3.7%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 14.7%.
- 5-year average
- 14.7%
- 10-year average
- 10.4%
- All-time high (2017)
- 18.3%
- All-time low (2014)
- 4.6%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- October: -4.2 percentage points
ECB Target
Inflation is 11.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €113.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 13.6% | -0.8 |
| February | 14.7% | +0.6 |
| March | 15.6% | +0.8 |
| April | 15.1% | -1.5 |
| May | 15.5% | +0.5 |
| June | 14.4% | -0.2 |
| July | 13.3% | -1.6 |
| August | 13.3% | -2.1 |
| September | 13.7% | -1.5 |
| October | 11.7% | -4.2 |
| November | 10.6% | -2.5 |
| December | 10.4% | -3.5 |
| Average | 13.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.