Skilled and Cost-Effective Workforce
Sierra Leone is expected to have a forecasted labor force of 3m persons by 20241
Sierra Leone has approximately 1.3m students in secondary education and 660,000 students in Tertiary education2
The minimum monthly wage rate was changed in 2014 to 500,000 Sierra Leonean Leones per month or USD $48 as of 2021
1: International Labour Organization: ILOSTAT Database, 2020 – link
2: UNESCO, Institute for Statistics, 2021 - link
Sierra Leone is highly competitive in labor costs among its African peers
Sierra Leone is between 50-70% more cost effective than its peers in professions such as wind turbine technicians and engineers
Source: fDi Benchmark, a service from fDi Intelligence Financial Times Limited
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