Sierra Leone vs Somalia: Interest rate spread

Sierra Leone
14.4%
in 2025
Somalia
13.0%
in 1988
Sierra Leone rank
10th
Somalia rank
12th

Interest rate spread over time

  • Sierra Leone
  • Somalia
0510152025197520002025

How they compare

Sierra Leone currently reports 14.4% against 13.0% in Somalia, a difference of 1.4%.

That makes Sierra Leone's figure about 1.1 times Somalia's.

The two have swapped places 5 times across 12 shared years of data; in 1977 it was Sierra Leone ahead.

Sierra Leone ranks 10th and Somalia ranks 12th of 141 countries.

Sierra Leone has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Sierra Leone Somalia Difference Ahead
1970s 3.9% 3.2% 0.8% Sierra Leone
1980s 6.7% 5.3% 1.4% Sierra Leone

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest rate spread, Sierra Leone or Somalia?
Sierra Leone, at 14.4% against 13.0% in Somalia as of 2025.
What is the difference in interest rate spread between Sierra Leone and Somalia?
1.4%, with Sierra Leone ahead.
How many years of comparable data are there for Sierra Leone and Somalia?
12 years are reported by both, from 1977 to 1988.
How do Sierra Leone and Somalia rank globally for interest rate spread?
Sierra Leone ranks 10th and Somalia ranks 12th of 141 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Sierra Leone vs Somalia: Interest rate spread. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/interest-rate-spread-lending-rate-minus-deposit-rate-percent/sierra-leone/somalia-fed-rep/

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About this data

Indicator
Interest rate spread (lending rate minus deposit rate, %)
Unit
lending rate minus deposit rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 5,163 data points, 1967–2025
Last refreshed

Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.