5 Least Developed Countries and Their Characteristics

4. Sierra Leone

Human Development Index (2021): 0.477

GDP per Capita (2024): $416.58

Literacy Rate (2022): 49%

Population in Multidimensional Poverty (2019): 59.22%

The Sierra Leonean currency depreciated by 60% in 2022, which led to high inflation despite a global decrease in food and fuel prices. The World Bank outlines weak growth and declining macroeconomic fundamentals as some of the main issues for the country. This is why Sierra Leone is one of the least developed countries in the world.