Inflation Sierra Leone 2021
Average inflation: 11.8%
Current Inflation
Inflation is very high at 11.8%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 17.9%. The lowest inflation was in March at 9.0%.
- Highest month
- December: 17.9%
- Lowest month
- March: 9.0%
- Difference
- 8.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 17.0%. The lowest price increase was in Energy with an average of 8.6%.
- Highest increase
- Food: 17.0%
- Lowest increase
- Energy: 8.6%
Historical Context
Current inflation is 3.1% lower than the 5-year average of 14.9%.
- 5-year average
- 14.9%
- 10-year average
- 10.9%
- All-time high (2017)
- 18.3%
- All-time low (2014)
- 4.6%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +1.7 percentage point.
- Change vs. previous year
- -1.7 percentage points
- Largest monthly swing
- December: +7.5 percentage points
ECB Target
Inflation is 9.8% 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 €111.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 11.5% | -2.1 |
| February | 10.9% | -3.8 |
| March | 9.0% | -6.6 |
| April | 9.6% | -5.5 |
| May | 9.8% | -5.7 |
| June | 10.2% | -4.2 |
| July | 10.5% | -2.8 |
| August | 10.9% | -2.4 |
| September | 11.6% | -2.1 |
| October | 14.5% | +2.8 |
| November | 15.8% | +5.2 |
| December | 17.9% | +7.5 |
| Average | 11.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.