Financial Institutions Access Index in Sierra Leone
Sierra Leone: Financial Institutions Access Index was 0.0315 in 2020. ◆ Volatile
Financial Institutions Access Index in Sierra Leone, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Sierra Leone stood at 0.0315. That is the highest value across all 41 years on record.
The figure is up 2.7% over ten years.
Over the whole period, financial institutions access index in Sierra Leone peaked at 0.0315 in 2012 and was at its lowest, 0.0058, in 1985.
That places Sierra Leone 174th out of 183 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Access Index in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0075 | — |
| 1981 | 0.0074 | -0.7% |
| 1982 | 0.0073 | -1.4% |
| 1983 | 0.0062 | -15.1% |
| 1984 | 0.0064 | +2.9% |
| 1985 | 0.0058 | -8.6% |
| 1986 | 0.0061 | +5.2% |
| 1987 | 0.0059 | -4.1% |
| 1988 | 0.0083 | +40.4% |
| 1989 | 0.0108 | +30.1% |
| 1990 | 0.0091 | -15.6% |
| 1991 | 0.0132 | +45.4% |
| 1992 | 0.0128 | -2.6% |
| 1993 | 0.0132 | +2.6% |
| 1994 | 0.0137 | +4.1% |
| 1995 | 0.0133 | -2.6% |
| 1996 | 0.0124 | -7.4% |
| 1997 | 0.0138 | +11.4% |
| 1998 | 0.011 | -19.9% |
| 1999 | 0.0108 | -2.3% |
| 2000 | 0.0104 | -3.7% |
| 2001 | 0.0102 | -1.3% |
| 2002 | 0.0112 | +9.4% |
| 2003 | 0.0133 | +18.3% |
| 2004 | 0.0133 | +0.2% |
| 2005 | 0.0142 | +7.2% |
| 2006 | 0.016 | +12.1% |
| 2007 | 0.019 | +19.3% |
| 2008 | 0.024 | +26.3% |
| 2009 | 0.0293 | +21.9% |
| 2010 | 0.0307 | +4.7% |
| 2011 | 0.0314 | +2.4% |
| 2012 | 0.0315 | +0.2% |
| 2013 | 0.0315 | +0.0% |
| 2014 | 0.0315 | +0.0% |
| 2015 | 0.0315 | +0.0% |
| 2016 | 0.0315 | +0.0% |
| 2017 | 0.0315 | +0.0% |
| 2018 | 0.0315 | +0.0% |
| 2019 | 0.0315 | +0.0% |
| 2020 | 0.0315 | +0.0% |
Sierra Leone compared with similar countries
- Sierra Leone's 0.0315 is below the median for low income countries, which is 0.0457, 69% of the median. (22 countries reporting)
- Sierra Leone's 0.0315 is below the median for Sub-Saharan Africa, which is 0.0774, 41% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index 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 |
|---|---|---|---|
| 1991 | +45.4% | 0.0091 | 0.0132 |
| 1988 | +40.4% | 0.0059 | 0.0083 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0072 | 0.0058 | 0.0108 | 10 |
| 1990s | 0.0123 | 0.0091 | 0.0138 | 10 |
| 2000s | 0.0161 | 0.0102 | 0.0293 | 10 |
| 2010s | 0.0314 | 0.0307 | 0.0315 | 10 |
| 2020s | 0.0315 | 0.0315 | 0.0315 | 1 |
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 financial institutions access index in Sierra Leone?
- Financial institutions access index in Sierra Leone was 0.0315 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Sierra Leone?
- The highest recorded value was 0.0315 in 2012.
- What is the lowest financial institutions access index recorded in Sierra Leone?
- The lowest recorded value was 0.0058 in 1985.
- How does Sierra Leone rank for financial institutions access index?
- Sierra Leone ranks 174th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Sierra Leone?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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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.