Deposit interest rate (%) in Sierra Leone
Sierra Leone: Deposit interest rate (%) was 7.0% in 2025. ◆ Volatile
Deposit interest rate in Sierra Leone, 1977–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Sierra Leone is 7.0%, measured in 2025.
Compared with earlier readings it is up 3.6% on the previous year and up 56.8% over ten years.
Over the whole period, deposit interest rate in Sierra Leone peaked at 54.7% in 1992 and was at its lowest, 4.5%, in 2015.
Sierra Leone ranks 33rd of 153 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 7.0% | — |
| 1978 | 7.0% | +0.0% |
| 1979 | 7.2% | +3.6% |
| 1980 | 9.2% | +26.4% |
| 1981 | 10.0% | +9.1% |
| 1982 | 10.0% | +0.0% |
| 1983 | 11.0% | +10.0% |
| 1984 | 12.0% | +9.1% |
| 1985 | 11.3% | -5.6% |
| 1986 | 14.2% | +25.0% |
| 1987 | 12.7% | -10.6% |
| 1988 | 16.3% | +28.9% |
| 1989 | 20.0% | +22.4% |
| 1990 | 40.5% | +102.5% |
| 1991 | 47.8% | +18.0% |
| 1992 | 54.7% | +14.4% |
| 1993 | 27.0% | -50.6% |
| 1994 | 11.6% | -56.9% |
| 1995 | 7.0% | -39.6% |
| 1996 | 14.0% | +98.5% |
| 1997 | 9.9% | -29.0% |
| 1998 | 7.1% | -28.1% |
| 1999 | 9.5% | +33.4% |
| 2000 | 9.2% | -2.7% |
| 2001 | 7.8% | -16.0% |
| 2002 | 9.4% | +21.0% |
| 2003 | 9.7% | +2.9% |
| 2004 | 11.2% | +15.5% |
| 2005 | 11.8% | +5.6% |
| 2006 | 11.1% | -5.6% |
| 2007 | 10.8% | -3.2% |
| 2008 | 10.6% | -1.8% |
| 2009 | 9.7% | -8.2% |
| 2010 | 9.5% | -2.6% |
| 2011 | 10.3% | +8.9% |
| 2012 | 10.4% | +0.8% |
| 2013 | 8.9% | -14.3% |
| 2014 | 6.6% | -25.9% |
| 2015 | 4.5% | -32.1% |
| 2016 | 5.4% | +19.5% |
| 2017 | 5.5% | +3.2% |
| 2018 | 6.1% | +9.9% |
| 2019 | 6.4% | +5.4% |
| 2020 | 5.6% | -11.9% |
| 2021 | 5.4% | -4.8% |
| 2022 | 5.4% | +0.2% |
| 2023 | 5.7% | +5.9% |
| 2024 | 6.8% | +19.2% |
| 2025 | 7.0% | +3.6% |
Sierra Leone compared with similar countries
- Sierra Leone's 7.0% is above the median for low income countries, which is 6.9%, 1.0× the median. (18 countries reporting)
- Sierra Leone's 7.0% is above the median for Sub-Saharan Africa, which is 5.7%, 1.2× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.1% | 7.0% | 7.2% | 3 |
| 1980s | 12.7% | 9.2% | 20.0% | 10 |
| 1990s | 22.9% | 7.0% | 54.7% | 10 |
| 2000s | 10.1% | 7.8% | 11.8% | 10 |
| 2010s | 7.4% | 4.5% | 10.4% | 10 |
| 2020s | 6.0% | 5.4% | 7.0% | 6 |
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 deposit interest rate in Sierra Leone?
- Deposit interest rate in Sierra Leone was 7.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Sierra Leone?
- The highest recorded value was 54.7% in 1992.
- What is the lowest deposit interest rate recorded in Sierra Leone?
- The lowest recorded value was 4.5% in 2015.
- How does Sierra Leone rank for deposit interest rate?
- Sierra Leone ranks 33rd out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in Sierra Leone?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.