Deposit money banks'' assets to GDP in Sierra Leone
Sierra Leone: Deposit money banks'' assets to GDP was 21.8% in 2021. ▲ Rising
Deposit money banks'' assets to GDP in Sierra Leone, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Sierra Leone is 21.8%, measured in 2021. That is the highest value across all 62 years on record.
The figure is up 11.2% on the previous year and up 75.1% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Sierra Leone peaked at 21.8% in 2021 and was at its lowest, 2.8%, in 1960.
That places Sierra Leone 158th out of 187 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Deposit money banks'' assets to GDP in Sierra Leone, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 2.8% | — |
| 1961 | 3.5% | +26.3% |
| 1962 | 4.8% | +36.0% |
| 1963 | 6.6% | +37.9% |
| 1964 | 7.0% | +7.1% |
| 1965 | 6.1% | -12.7% |
| 1966 | 6.5% | +5.4% |
| 1967 | 7.3% | +12.7% |
| 1968 | 8.1% | +10.7% |
| 1969 | 6.5% | -19.4% |
| 1970 | 6.8% | +5.2% |
| 1971 | 7.6% | +10.8% |
| 1972 | 8.1% | +6.4% |
| 1973 | 8.8% | +9.5% |
| 1974 | 9.8% | +10.9% |
| 1975 | 9.7% | -1.3% |
| 1976 | 11.4% | +18.1% |
| 1977 | 11.1% | -3.0% |
| 1978 | 11.9% | +7.0% |
| 1979 | 10.8% | -9.0% |
| 1980 | 11.9% | +10.6% |
| 1981 | 11.8% | -1.3% |
| 1982 | 10.9% | -7.1% |
| 1983 | 13.6% | +23.9% |
| 1984 | 10.3% | -23.7% |
| 1985 | 12.7% | +22.7% |
| 1986 | 12.0% | -5.4% |
| 1987 | 6.3% | -47.5% |
| 1988 | 6.2% | -0.8% |
| 1989 | 6.9% | +10.0% |
| 1990 | 4.6% | -32.9% |
| 1991 | 4.3% | -7.0% |
| 1992 | 3.9% | -10.0% |
| 1993 | 5.4% | +39.4% |
| 1994 | 5.0% | -7.6% |
| 1995 | 4.6% | -8.0% |
| 1996 | 4.5% | -1.1% |
| 1997 | 4.2% | -6.8% |
| 1998 | 6.5% | +53.8% |
| 1999 | 8.0% | +23.3% |
| 2000 | 7.5% | -6.5% |
| 2001 | 6.2% | -17.1% |
| 2002 | 6.9% | +11.4% |
| 2003 | 6.7% | -3.4% |
| 2004 | 7.4% | +10.5% |
| 2005 | 7.6% | +3.7% |
| 2006 | 7.6% | -0.0% |
| 2007 | 7.8% | +2.3% |
| 2008 | 11.0% | +41.0% |
| 2009 | 12.0% | +9.2% |
| 2010 | 13.0% | +7.9% |
| 2011 | 12.5% | -4.0% |
| 2012 | 12.0% | -3.4% |
| 2013 | 11.4% | -5.3% |
| 2014 | 13.0% | +14.3% |
| 2015 | 15.3% | +17.0% |
| 2016 | 15.2% | -0.3% |
| 2017 | 15.5% | +2.2% |
| 2018 | 16.0% | +2.7% |
| 2019 | 17.1% | +6.9% |
| 2020 | 19.6% | +15.0% |
| 2021 | 21.8% | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.9% | 2.8% | 8.1% | 10 |
| 1970s | 9.6% | 6.8% | 11.9% | 10 |
| 1980s | 10.3% | 6.2% | 13.6% | 10 |
| 1990s | 5.1% | 3.9% | 8.0% | 10 |
| 2000s | 8.1% | 6.2% | 12.0% | 10 |
| 2010s | 14.1% | 11.4% | 17.1% | 10 |
| 2020s | 20.7% | 19.6% | 21.8% | 2 |
Countries ranked near Sierra Leone
- 155 Micronesia, Federated States of 23.0% compare
- 156 Zambia 23.0% compare
- 157 Madagascar 22.0% compare
- 159 Uganda 21.1% compare
- 160 Angola 20.9% compare
- 161 Solomon Islands 20.5% compare
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 money banks'' assets to gdp in Sierra Leone?
- Deposit money banks'' assets to gdp in Sierra Leone was 21.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Sierra Leone?
- The highest recorded value was 21.8% in 2021.
- What is the lowest deposit money banks'' assets to gdp recorded in Sierra Leone?
- The lowest recorded value was 2.8% in 1960.
- How does Sierra Leone rank for deposit money banks'' assets to gdp?
- Sierra Leone ranks 158th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Sierra Leone?
- Over the last ten years it is up 75.1%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).