Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Sierra Leone

Fuel imports (% of merchandise imports) in Sierra Leone in 2018 — 1.12%. Ranked 169 in the world out of 174. Since 1963, the indicator has fallen by 11.3 pp.

2018 1.12% +0.55 pp vs 2017
World rank 169of 174
Period maximum 39.71%2002
Period minimum 0.58%2017

Trend over time

1963–2018 · % of merchandise imports

Fuel imports (% of merchandise imports) — Sierra Leone, 1963–201801020304019631969197519811987199319992005201120171963: 12.42%1964: 10.24%1972: 7.46%1973: 5.92%1974: 11.5%1975: 13.66%1976: 14.24%1983: 34.72%1984: 19.74%2000: 28.39%2002: 39.71%2014: 38.29%2015: 27.18%2016: 6.14%2017: 0.58%2018: 1.12%
Change over the period: −11.3 pp Annual average: -0.21 pp

Comparison, 2018

How the value compares with the world and the groups this territory belongs to: Sierra Leone

Sierra Leone 1.12%
World 12.96%
Western Africa computed 22.84%
Low-income countries computed 15.42%
Fuel imports (% of merchandise imports) — Sierra Leone, by year Sierra Leone All countries CSV XLSX
Year % Change, pp
2018 1.12 +0.55 pp
2017 0.58 −5.56 pp
2016 6.14 −21.04 pp
2015 27.18 −11.11 pp
2014 38.29
2002 39.71
2000 28.39
1984 19.74 −14.98 pp
1983 34.72
1976 14.24 +0.57 pp
1975 13.66 +2.17 pp
1974 11.5 +5.57 pp
1973 5.92 −1.54 pp
1972 7.46
1964 10.24 −2.18 pp
1963 12.42

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.