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HarryWilliams Offline



Beiträge: 7

05.02.2023 15:23
Finance of Sierra Leone Antworten

The monthly minimum wage in Sierra Leone is USD 65. Sierra Leone has a public debt of 60.8% of the country's gross domestic product (GDP) as estimated in 2012. Relative to consumer prices, the inflation rate in Sierra Leone is 11.1%. The currency of Sierra Leone is Sierra Leonean Leone. The plural form of the word Leone from Sierra Leone is Leones. The symbol used for this currency is Le and is abbreviated as SLL. The Leone from Sierra Leone is subdivided into cents; there are 100 in a leone. Consumers spend around $1,583 million every year. The ratio of consumer spending to GDP in Sierra Leone is 0.03%, and the ratio of consumer spending to world consumer market is 0.46%. Corporate tax in Sierra Leone is 30%. Personal income tax ranges from 30% to 35% depending on your specific situation and income level. VAT in Sierra Leone is 15% and is known as Goods and Services Tax. In 2013, Sierra Leone received US$442.8 million in development aid. In 2014, foreign aid amounted to USD 425.3 million.

Gross domestic product
The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Sierra Leone is US$12,799 billion. The gross domestic product (GDP) per capita in Purchasing Power Parity (PPP) in Sierra Leone was last seen at $1,657,960. PPP in Sierra Leone is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Sierra Leone is 4.929 billion. Based on this statistic, Sierra Leone is considered a small economy. Countries with small economies generally support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. The gross domestic product (GDP) per capita in Sierra Leone was last seen at $638,494. The average citizen in Sierra Leone has very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Sierra Leone averaged 8% in 2014. According to this percentage, Sierra Leone is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.

https://www.confiduss.com/en/jurisdictio...conomy/finance/

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