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 170 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.
Bank concentration in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 93.3% | — |
| 2001 | 91.7% | -1.7% |
| 2002 | 92.8% | +1.2% |
| 2003 | 92.0% | -0.8% |
| 2004 | 92.5% | +0.5% |
| 2005 | 86.2% | -6.8% |
| 2006 | 83.5% | -3.1% |
| 2007 | 80.8% | -3.3% |
| 2008 | 61.0% | -24.5% |
| 2009 | 66.2% | +8.7% |
| 2010 | 72.0% | +8.7% |
| 2011 | 71.5% | -0.8% |
| 2012 | 68.4% | -4.3% |
| 2013 | 69.9% | +2.2% |
Sierra Leone compared with similar countries
- Sierra Leone's 69.9% is below the median for low income countries, which is 77.9%, 90% of the median. (20 countries reporting)
- Sierra Leone's 69.9% is below the median for Sub-Saharan Africa, which is 77.1%, 91% of the median. (40 countries reporting)
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
- 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 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 170 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.