Data Visualization

Blog of the Data Visualization & Communication Course at OSB-AUB

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Sierra Leone at a Crossroad: Why Diversifying the Economy Matters Now More Than Ever

by | Nov 19, 2025 | Uncategorized | 0 comments

Sierra Leone is a small West African nation with a population of roughly 8 million people. Rich in natural beauty, cultural energy, and abundant resources. But behind the country’s potential lies a familiar struggle: an economy still leaning too heavily on a single sector. Agriculture has long been the backbone of national productivity, while mining, industry, and services often struggle to keep pace.

This structural imbalance has made Sierra Leone vulnerable, and nowhere was this more visible than in 2015, when the dual shocks of the Ebola outbreak and a collapse in global iron ore prices sent the economy into a tailspin. So, what exactly is going on beneath the surface? And what would it take to build a more resilient and diverse economy?

Agriculture consistently accounts for 50-63% of the GDP, leaving the nation vulnerable whenever farming seasons fail, prices fluctuate, or crises occur.

Industry is the most unstable sector, swinging wildly between 5% and 22%. And in 2015, it hit its lowest point, just 5%  due to:

  • The Ebola outbreak froze movement and production.
  • A crash in global iron ore prices is forcing mining operations to shut down.

This year alone has exposed how dependent Sierra Leone’s industrial sector is on external forces.

Hovering between 28–36%, the services sector has been steady but sluggish, unable to compensate for weaknesses elsewhere. Together, these patterns reveal an economy that struggles to withstand shocks because it lacks balance.

A Way Forward: Building a Diversified Economy

If Sierra Leone wants long-term stability, it must diversify, plain and simple. That means:

  • Strengthening industry
  • Modernizing agriculture with value addition
  • Expanding services and digital innovation

The proposed solutions are supported by real-world programs in Sierra Leone, confirming their credibility and feasibility.

  1. World Bank – Sierra Leone Economic Diversification Project
  • Supports economic diversification beyond agriculture and mining.
  • Strengthens SMEs, enhances value addition, and improves market access.
  • Confirms agro-processing, service expansion, and SME support as national priorities.
  1. International Labour Organization – Opportunity Salone Programme
  • Promotes youth entrepreneurship and job creation.
  • Supports sustainable SME models and value chain development.

Validates the focus on integrating agriculture with industry.

The solutions are evidence-based, nationally aligned, partner-friendly, and feasible. But the question remains: how can Sierra Leone leverage these programs and data insights to fully unlock its economic potential?

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