Depositors with commercial banks in Sierra Leone
Sierra Leone: Depositors with commercial banks was 487.9 per 1,000 adults in 2024. ◆ Volatile
Depositors with commercial banks in Sierra Leone, 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, depositors with commercial banks in Sierra Leone stood at 487.9 per 1,000 adults. That is the highest value across all 19 years on record.
That represents a change of up 4.6% on the previous year and up 165.8% over ten years.
Over the whole period, depositors with commercial banks in Sierra Leone peaked at 487.9 per 1,000 adults in 2024 and was at its lowest, 58.19 per 1,000 adults, in 2006.
Sierra Leone ranks 68th of 104 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Depositors with commercial banks in Sierra Leone, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2006 | 58.19 per 1,000 adults | — |
| 2007 | 60.85 per 1,000 adults | +4.6% |
| 2008 | 87.56 per 1,000 adults | +43.9% |
| 2009 | 104.04 per 1,000 adults | +18.8% |
| 2010 | 173.65 per 1,000 adults | +66.9% |
| 2011 | 141.09 per 1,000 adults | -18.8% |
| 2012 | 160.87 per 1,000 adults | +14.0% |
| 2013 | 178.49 per 1,000 adults | +10.9% |
| 2014 | 183.57 per 1,000 adults | +2.9% |
| 2015 | 169.47 per 1,000 adults | -7.7% |
| 2016 | 176.44 per 1,000 adults | +4.1% |
| 2017 | 176.48 per 1,000 adults | +0.0% |
| 2018 | 239.49 per 1,000 adults | +35.7% |
| 2019 | 249.41 per 1,000 adults | +4.1% |
| 2020 | 268.93 per 1,000 adults | +7.8% |
| 2021 | 299.74 per 1,000 adults | +11.5% |
| 2022 | 414.89 per 1,000 adults | +38.4% |
| 2023 | 466.38 per 1,000 adults | +12.4% |
| 2024 | 487.9 per 1,000 adults | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.66 per 1,000 adults | 58.19 per 1,000 adults | 104.04 per 1,000 adults | 4 |
| 2010s | 184.9 per 1,000 adults | 141.09 per 1,000 adults | 249.41 per 1,000 adults | 10 |
| 2020s | 387.57 per 1,000 adults | 268.93 per 1,000 adults | 487.9 per 1,000 adults | 5 |
Countries ranked near Sierra Leone
- 65 Timor-Leste 648.76 per 1,000 adults compare
- 66 Pakistan 617.49 per 1,000 adults compare
- 67 Sao Tome and Principe 592.32 per 1,000 adults compare
- 69 Nicaragua 483.83 per 1,000 adults compare
- 70 Madagascar 466.59 per 1,000 adults compare
- 71 Rwanda 447.89 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 depositors with commercial banks in Sierra Leone?
- Depositors with commercial banks in Sierra Leone was 487.9 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Sierra Leone?
- The highest recorded value was 487.9 per 1,000 adults in 2024.
- What is the lowest depositors with commercial banks recorded in Sierra Leone?
- The lowest recorded value was 58.19 per 1,000 adults in 2006.
- How does Sierra Leone rank for depositors with commercial banks?
- Sierra Leone ranks 68th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Sierra Leone?
- Over the last ten years it is up 165.8%. 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 Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.