Bank cost to income ratio in Sierra Leone
Sierra Leone: Bank cost to income ratio was 56.1% in 2019. ▲ Rising
Bank cost to income ratio in Sierra Leone, 2000–2019
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2019, bank cost to income ratio in Sierra Leone stood at 56.1%.
Compared with earlier readings it is down 2.3% on the previous year and down 31.0% over ten years.
Over the whole period, bank cost to income ratio in Sierra Leone peaked at 81.3% in 2009 and was at its lowest, 30.5%, in 2000.
Sierra Leone ranks 73rd of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Bank cost to income ratio in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.5% | — |
| 2001 | 43.7% | +43.0% |
| 2002 | 46.7% | +7.0% |
| 2003 | 47.6% | +1.9% |
| 2004 | 45.8% | -3.9% |
| 2005 | 52.1% | +13.9% |
| 2006 | 59.6% | +14.3% |
| 2007 | 75.2% | +26.2% |
| 2008 | 80.8% | +7.5% |
| 2009 | 81.3% | +0.6% |
| 2010 | 68.2% | -16.2% |
| 2011 | 69.1% | +1.4% |
| 2012 | 68.1% | -1.4% |
| 2013 | 75.9% | +11.3% |
| 2014 | 63.9% | -15.7% |
| 2015 | 62.6% | -2.1% |
| 2016 | 66.7% | +6.6% |
| 2017 | 55.1% | -17.5% |
| 2018 | 57.4% | +4.3% |
| 2019 | 56.1% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.3% | 30.5% | 81.3% | 10 |
| 2010s | 64.3% | 55.1% | 75.9% | 10 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Net domestic credit (current LCU), per capita 4,743 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.6 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.74 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 104.67 million SDR (2024)
- Reserves excluding gold 332.23 million SDR (2024)
- Total reserves (gold at market value) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) 332.23 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 38.44 SDR per person (2024)
Frequently asked questions
- What is bank cost to income ratio in Sierra Leone?
- Bank cost to income ratio in Sierra Leone was 56.1% in 2019, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Sierra Leone?
- The highest recorded value was 81.3% in 2009.
- What is the lowest bank cost to income ratio recorded in Sierra Leone?
- The lowest recorded value was 30.5% in 2000.
- How does Sierra Leone rank for bank cost to income ratio?
- Sierra Leone ranks 73rd out of 169 countries with data for 2019.
- Is bank cost to income ratio rising or falling in Sierra Leone?
- Over the last ten years it is down 31.0%. The long-run trend across the full record is rising.
- Where does this Sierra Leone data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.