External loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone
Sierra Leone: External loans and deposits of reporting banks vis-à-vis the banking was 15.4% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone stood at 15.4%. That is the lowest value across all 27 years on record.
The figure is down 0.2% on the previous year and down 47.3% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone peaked at 117.5% in 2000 and was at its lowest, 15.4%, in 2021.
That places Sierra Leone 73rd out of 180 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 44.1% | — |
| 1996 | 56.0% | +27.0% |
| 1997 | 49.0% | -12.6% |
| 1998 | 61.1% | +24.7% |
| 1999 | 50.8% | -16.8% |
| 2000 | 117.5% | +131.1% |
| 2001 | 60.0% | -48.9% |
| 2002 | 73.0% | +21.7% |
| 2003 | 24.7% | -66.1% |
| 2004 | 41.6% | +67.9% |
| 2005 | 40.4% | -2.8% |
| 2006 | 37.1% | -8.0% |
| 2007 | 29.0% | -21.9% |
| 2008 | 17.2% | -40.6% |
| 2009 | 19.7% | +14.5% |
| 2010 | 27.2% | +37.6% |
| 2011 | 29.3% | +7.8% |
| 2012 | 32.3% | +10.4% |
| 2013 | 25.4% | -21.4% |
| 2014 | 19.8% | -22.1% |
| 2015 | 17.3% | -12.8% |
| 2016 | 20.0% | +16.0% |
| 2017 | 17.8% | -11.0% |
| 2018 | 16.7% | -6.2% |
| 2019 | 17.8% | +6.4% |
| 2020 | 15.4% | -13.2% |
| 2021 | 15.4% | -0.2% |
Sierra Leone compared with similar countries
- Sierra Leone's 15.4% is above the median for low income countries, which is 12.2%, 1.3× the median. (22 countries reporting)
- Sierra Leone's 15.4% is above the median for Sub-Saharan Africa, which is 9.6%, 1.6× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.2% | 44.1% | 61.1% | 5 |
| 2000s | 46.0% | 17.2% | 117.5% | 10 |
| 2010s | 22.4% | 16.7% | 32.3% | 10 |
| 2020s | 15.4% | 15.4% | 15.4% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone?
- External loans and deposits of reporting banks vis-à-vis the banking in Sierra Leone was 15.4% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Sierra Leone?
- The highest recorded value was 117.5% in 2000.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Sierra Leone?
- The lowest recorded value was 15.4% in 2021.
- How does Sierra Leone rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Sierra Leone ranks 73rd out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Sierra Leone?
- Over the last ten years it is down 47.3%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.