Financial Development Index in Sierra Leone
Sierra Leone: Financial Development Index was 0.0738 in 2020. β² Rising
Financial Development Index in Sierra Leone, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Sierra Leone is 0.0738, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 16.8% on the previous year and up 26.2% over ten years.
Over the whole period, financial development index in Sierra Leone peaked at 0.0738 in 2020 and was at its lowest, 0.0178, in 1987.
That places Sierra Leone 177th out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0297 | 0.0178 | 0.0386 | 10 |
| 1990s | 0.0454 | 0.0297 | 0.0643 | 10 |
| 2000s | 0.054 | 0.0379 | 0.0629 | 10 |
| 2010s | 0.0615 | 0.0335 | 0.0731 | 10 |
| 2020s | 0.0738 | 0.0738 | 0.0738 | 1 |
Countries ranked near Sierra Leone
- 174 Equatorial Guinea, Republic of 0.0839 compare
- 175 Chad 0.082 compare
- 176 Eritrea, The State of 0.0819 compare
- 178 French Polynesia 0.07 compare
- 179 Micronesia, Federated States of 0.0559 compare
- 180 Comoros, Union of the 0.052 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)
- Domestic credit to private sector by banks 5.5% (2025)
Frequently asked questions
- What is financial development index in Sierra Leone?
- Financial development index in Sierra Leone was 0.0738 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Sierra Leone?
- The highest recorded value was 0.0738 in 2020.
- What is the lowest financial development index recorded in Sierra Leone?
- The lowest recorded value was 0.0178 in 1987.
- How does Sierra Leone rank for financial development index?
- Sierra Leone ranks 177th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Sierra Leone?
- Over the last ten years it is up 26.2%. The long-run trend across the full record is rising.
- Where does this Sierra Leone data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.