Bank lending-deposit spread in Sierra Leone
Sierra Leone: Bank lending-deposit spread was 12.3 in 2020. ▲ Rising
Bank lending-deposit spread in Sierra Leone, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
The most recent figure for bank lending-deposit spread in Sierra Leone is 12.3, measured in 2020.
The figure is up 6.4% on the previous year and up 4.4% over ten years.
Over the whole period, bank lending-deposit spread in Sierra Leone peaked at 23.46 in 1993 and was at its lowest, 1.83, in 1980.
That places Sierra Leone 14th out of 124 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Bank lending-deposit spread in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 1.83 | — |
| 1981 | 5 | +172.7% |
| 1982 | 5 | +0.0% |
| 1983 | 6.25 | +25.0% |
| 1984 | 6 | -4.0% |
| 1985 | 5.67 | -5.6% |
| 1986 | 3.02 | -46.7% |
| 1987 | 15.88 | +425.5% |
| 1988 | 11.67 | -26.5% |
| 1989 | 9.67 | -17.1% |
| 1990 | 12 | +24.1% |
| 1991 | 8.45 | -29.6% |
| 1992 | 8.17 | -3.4% |
| 1993 | 23.46 | +187.2% |
| 1994 | 15.7 | -33.1% |
| 1995 | 21.8 | +38.9% |
| 1996 | 18.17 | -16.7% |
| 1997 | 13.96 | -23.1% |
| 1998 | 16.71 | +19.7% |
| 1999 | 17.33 | +3.7% |
| 2000 | 17 | -1.9% |
| 2001 | 16.5 | -3.0% |
| 2002 | 12.77 | -22.6% |
| 2003 | 10.33 | -19.1% |
| 2004 | 10.91 | +5.7% |
| 2005 | 12.79 | +17.1% |
| 2006 | 12.86 | +0.6% |
| 2007 | 14.21 | +10.5% |
| 2008 | 13.91 | -2.1% |
| 2009 | 12.44 | -10.5% |
| 2010 | 11.78 | -5.3% |
| 2011 | 10.69 | -9.3% |
| 2012 | 10.61 | -0.7% |
| 2013 | 11.65 | +9.8% |
| 2014 | 12.81 | +9.9% |
| 2015 | 14.24 | +11.2% |
| 2016 | 10.86 | -23.8% |
| 2017 | 10.13 | -6.7% |
| 2018 | 9.88 | -2.4% |
| 2019 | 11.56 | +17.0% |
| 2020 | 12.3 | +6.4% |
Sierra Leone compared with similar countries
- Sierra Leone's 12.3 is above the median for low income countries, which is 10.46, 1.2× the median. (11 countries reporting)
- Sierra Leone's 12.3 is above the median for Sub-Saharan Africa, which is 8.22, 1.5× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Bank lending-deposit spread in Sierra Leone changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +425.5% | 3.02 | 15.88 |
| 1993 | +187.2% | 8.17 | 23.46 |
| 1981 | +172.7% | 1.83 | 5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7 | 1.83 | 15.88 | 10 |
| 1990s | 15.58 | 8.17 | 23.46 | 10 |
| 2000s | 13.37 | 10.33 | 17 | 10 |
| 2010s | 11.42 | 9.88 | 14.24 | 10 |
| 2020s | 12.3 | 12.3 | 12.3 | 1 |
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 lending-deposit spread in Sierra Leone?
- Bank lending-deposit spread in Sierra Leone was 12.3 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Sierra Leone?
- The highest recorded value was 23.46 in 1993.
- What is the lowest bank lending-deposit spread recorded in Sierra Leone?
- The lowest recorded value was 1.83 in 1980.
- How does Sierra Leone rank for bank lending-deposit spread?
- Sierra Leone ranks 14th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Sierra Leone?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is rising.
- Where does this Sierra Leone data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.