Inflation Rate (CPI): Sierra Leone

Analysis# Sierra Leone Inflation Rate (CPI) Sierra Leone's inflation rate stands at 10.5% in 2026, reflecting a dramatic improvement from the extreme volatility that characterized earlier decades. The country's all-time peak of 178.7% in 1987 contrasts sharply with current levels, though the rate remains elevated compared to the deflationary episode of -0.9% in 2000. Over the full 1980–2026 period, inflation has declined 18.6 percentage points, indicating long-term progress in price stability despite significant fluctuations. The recent trend reveals sharp volatility through the early 2020s before stabilization. After declining steadily from 2017 to 2021, inflation surged dramatically to 47.7% in 2023, driven by external shocks and currency pressures. The sharp correction through 2024–2025 suggests effective monetary policy intervention, with the 2026 level of 10.5% indicating the central bank has largely restored price stability. Continued moderation appears likely if current policy frameworks hold.