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.
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
- 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 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.