Borrowers from commercial banks in Sierra Leone
Sierra Leone: Borrowers from commercial banks was 6.28 per 1,000 adults in 2019. ◆ Volatile
Borrowers from commercial banks in Sierra Leone, 2004–2019
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Sierra Leone is 6.28 per 1,000 adults, measured in 2019.
Compared with earlier readings it is down 1.0% on the previous year and down 24.4% over ten years.
Over the whole period, borrowers from commercial banks in Sierra Leone peaked at 20.17 per 1,000 adults in 2013 and was at its lowest, 3.2 per 1,000 adults, in 2004.
Sierra Leone ranks 110th of 113 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Sierra Leone, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 3.2 per 1,000 adults | — |
| 2005 | 3.39 per 1,000 adults | +5.9% |
| 2006 | 4.06 per 1,000 adults | +20.0% |
| 2007 | 4.52 per 1,000 adults | +11.3% |
| 2008 | 7.64 per 1,000 adults | +69.1% |
| 2009 | 8.31 per 1,000 adults | +8.7% |
| 2010 | 10.64 per 1,000 adults | +28.1% |
| 2011 | 10.64 per 1,000 adults | +0.0% |
| 2012 | 14.6 per 1,000 adults | +37.2% |
| 2013 | 20.17 per 1,000 adults | +38.2% |
| 2014 | 10.25 per 1,000 adults | -49.2% |
| 2015 | 9.07 per 1,000 adults | -11.5% |
| 2016 | 7.79 per 1,000 adults | -14.1% |
| 2017 | 7.28 per 1,000 adults | -6.6% |
| 2018 | 6.35 per 1,000 adults | -12.8% |
| 2019 | 6.28 per 1,000 adults | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.19 per 1,000 adults | 3.2 per 1,000 adults | 8.31 per 1,000 adults | 6 |
| 2010s | 10.31 per 1,000 adults | 6.28 per 1,000 adults | 20.17 per 1,000 adults | 10 |
Countries ranked near Sierra Leone
- 107 Haiti 10.71 per 1,000 adults compare
- 108 Congo, Democratic Republic of the 9.04 per 1,000 adults compare
- 109 Chad 7.96 per 1,000 adults compare
- 111 Afghanistan 3.29 per 1,000 adults compare
- 112 Ethiopia 2.06 per 1,000 adults compare
- 113 South Sudan 1.02 per 1,000 adults compare
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 borrowers from commercial banks in Sierra Leone?
- Borrowers from commercial banks in Sierra Leone was 6.28 per 1,000 adults in 2019, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Sierra Leone?
- The highest recorded value was 20.17 per 1,000 adults in 2013.
- What is the lowest borrowers from commercial banks recorded in Sierra Leone?
- The lowest recorded value was 3.2 per 1,000 adults in 2004.
- How does Sierra Leone rank for borrowers from commercial banks?
- Sierra Leone ranks 110th out of 113 countries with data for 2019.
- Is borrowers from commercial banks rising or falling in Sierra Leone?
- Over the last ten years it is down 24.4%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.