Bank concentration in Sierra Leone
Sierra Leone: Bank concentration was 69.9% in 2013. ▼ Falling
Bank concentration in Sierra Leone, 2000–2013
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Sierra Leone is 69.9%, measured in 2013.
That represents a change of up 2.2% on the previous year and down 24.0% over ten years.
Over the whole period, bank concentration in Sierra Leone peaked at 93.3% in 2000 and was at its lowest, 61.0%, in 2008.
Sierra Leone ranks 92nd of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.0% | 61.0% | 93.3% | 10 |
| 2010s | 70.4% | 68.4% | 72.0% | 4 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Domestic credit to private sector by banks 5.5% (2025)
- Total reserves in months of imports 1.75 (2024)
- Net domestic credit 41.83 billion current LCU (2025)
- Net foreign assets 417.37 million current LCU (2025)
- Monetary Sector credit to private sector 5.5% (2025)
- Broad money 22.6% (2025)
- Claims on central government, etc. 19.2% (2025)
- Domestic credit to private sector 5.5% (2025)
- Official exchange rate 21.3 LCU per US$, period average (2023)
- Net migration -11,309 (2025)
Frequently asked questions
- What is bank concentration in Sierra Leone?
- Bank concentration in Sierra Leone was 69.9% in 2013, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Sierra Leone?
- The highest recorded value was 93.3% in 2000.
- What is the lowest bank concentration recorded in Sierra Leone?
- The lowest recorded value was 61.0% in 2008.
- How does Sierra Leone rank for bank concentration?
- Sierra Leone ranks 92nd out of 169 countries with data for 2013.
- Is bank concentration rising or falling in Sierra Leone?
- Over the last ten years it is down 24.0%. The long-run trend across the full record is falling.
- Where does this Sierra Leone data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.