Sierra Leone vs South Africa: Deposit interest rate
Sierra Leone
7.0%
in 2025
South Africa
7.4%
in 2025
Sierra Leone rank
32nd
South Africa rank
30th
Deposit interest rate over time
- Sierra Leone
- South Africa
How they compare
South Africa currently reports 7.4% against 7.0% in Sierra Leone, a difference of 0.4%.
That makes South Africa's figure about 1.1 times Sierra Leone's.
The two have swapped places 6 times across 25 shared years of data; in 2001 it was South Africa ahead.
Sierra Leone ranks 32nd and South Africa ranks 30th of 153 countries.
Sierra Leone has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Sierra Leone | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.2% | 8.7% | 1.5% | Sierra Leone |
| 2010s | 7.4% | 6.3% | 1.0% | Sierra Leone |
| 2020s | 6.0% | 6.0% | 0.0% | Sierra Leone |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Sierra Leone or South Africa?
- South Africa, at 7.4% against 7.0% in Sierra Leone as of 2025.
- What is the difference in deposit interest rate between Sierra Leone and South Africa?
- 0.4%, with South Africa ahead.
- How many years of comparable data are there for Sierra Leone and South Africa?
- 25 years are reported by both, from 2001 to 2025.
- How do Sierra Leone and South Africa rank globally for deposit interest rate?
- Sierra Leone ranks 32nd and South Africa ranks 30th of 153 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.