Account ownership at a financial institution or with a in Sierra Leone
Sierra Leone: Account ownership at a financial institution or with a was 41.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Sierra Leone, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Sierra Leone stood at 41.5%. That is the highest value across all 5 years on record.
The figure is up 24.4% on the previous year and up 119.1% over ten years.
Over the whole period, account ownership at a financial institution or with a in Sierra Leone peaked at 41.5% in 2024 and was at its lowest, 18.0%, in 2011.
Sierra Leone ranks 102nd of 106 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in Sierra Leone, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 18.0% | — |
| 2014 | 18.9% | +4.9% |
| 2017 | 24.8% | +30.9% |
| 2021 | 33.3% | +34.6% |
| 2024 | 41.5% | +24.4% |
Sierra Leone compared with similar countries
- Sierra Leone's 41.5% is below the median for Sub-Saharan Africa, which is 69.4%, 60% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.6% | 18.0% | 24.8% | 3 |
| 2020s | 37.4% | 33.3% | 41.5% | 2 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0037 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0027 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0037 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Sierra Leone?
- Account ownership at a financial institution or with a in Sierra Leone was 41.5% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Sierra Leone?
- The highest recorded value was 41.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Sierra Leone?
- The lowest recorded value was 18.0% in 2011.
- How does Sierra Leone rank for account ownership at a financial institution or with a?
- Sierra Leone ranks 102nd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Sierra Leone?
- Over the last ten years it is up 119.1%. The long-run trend across the full record is rising.
- Where does this Sierra Leone data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, male (% of population ages 15+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (male, % age 15+).