Depositors with commercial banks (per 1,000 adults) in Sierra Leone
Sierra Leone: Depositors with commercial banks (per 1,000 adults) 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 (per 1,000 adults) 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% |
Sierra Leone compared with similar countries
- Sierra Leone's 487.9 per 1,000 adults is above the median for low income countries, which is 158.33 per 1,000 adults, 3.1× the median. (18 countries reporting)
- Sierra Leone's 487.9 per 1,000 adults is above the median for Sub-Saharan Africa, which is 246.28 per 1,000 adults, 2.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Depositors with commercial banks (per 1,000 adults) in Sierra Leone changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +66.9% | 104.04 per 1,000 adults | 173.65 per 1,000 adults |
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 East Timor 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
- 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 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.