Financial Institutions Depth Index in Sierra Leone
Sierra Leone: Financial Institutions Depth Index was 0.0338 in 2020. ▲ Rising
Financial Institutions Depth Index in Sierra Leone, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Sierra Leone stood at 0.0338. That is the highest value across all 41 years on record.
The figure is up 0.9% on the previous year and up 20.4% over ten years.
Over the whole period, financial institutions depth index in Sierra Leone peaked at 0.0338 in 2020 and was at its lowest, 0.0084, in 1999.
That places Sierra Leone 170th 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.
Financial Institutions Depth Index in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0193 | — |
| 1981 | 0.0189 | -2.1% |
| 1982 | 0.0181 | -4.0% |
| 1983 | 0.016 | -11.7% |
| 1984 | 0.0127 | -20.8% |
| 1985 | 0.0091 | -28.5% |
| 1986 | 0.0107 | +17.6% |
| 1987 | 0.0095 | -11.3% |
| 1988 | 0.011 | +16.6% |
| 1989 | 0.0153 | +38.8% |
| 1990 | 0.0131 | -14.3% |
| 1991 | 0.0145 | +10.6% |
| 1992 | 0.0126 | -13.1% |
| 1993 | 0.0142 | +12.7% |
| 1994 | 0.0129 | -8.9% |
| 1995 | 0.011 | -15.2% |
| 1996 | 0.01 | -9.1% |
| 1997 | 0.0123 | +23.0% |
| 1998 | 0.0107 | -12.9% |
| 1999 | 0.0084 | -21.6% |
| 2000 | 0.0085 | +1.3% |
| 2001 | 0.0093 | +9.3% |
| 2002 | 0.0117 | +26.2% |
| 2003 | 0.0171 | +46.2% |
| 2004 | 0.0181 | +5.9% |
| 2005 | 0.0195 | +7.3% |
| 2006 | 0.0195 | +0.0% |
| 2007 | 0.0221 | +13.4% |
| 2008 | 0.0238 | +8.0% |
| 2009 | 0.0299 | +25.6% |
| 2010 | 0.0281 | -6.1% |
| 2011 | 0.0316 | +12.6% |
| 2012 | 0.0264 | -16.5% |
| 2013 | 0.0254 | -3.9% |
| 2014 | 0.0309 | +21.8% |
| 2015 | 0.0304 | -1.6% |
| 2016 | 0.0327 | +7.4% |
| 2017 | 0.0319 | -2.4% |
| 2018 | 0.033 | +3.4% |
| 2019 | 0.0335 | +1.7% |
| 2020 | 0.0338 | +0.9% |
Sierra Leone compared with similar countries
- Sierra Leone's 0.0338 is below the median for low income countries, which is 0.0439, 77% of the median. (22 countries reporting)
- Sierra Leone's 0.0338 is below the median for Sub-Saharan Africa, which is 0.0655, 52% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0141 | 0.0091 | 0.0193 | 10 |
| 1990s | 0.012 | 0.0084 | 0.0145 | 10 |
| 2000s | 0.018 | 0.0085 | 0.0299 | 10 |
| 2010s | 0.0304 | 0.0254 | 0.0335 | 10 |
| 2020s | 0.0338 | 0.0338 | 0.0338 | 1 |
Countries ranked near Sierra Leone
- 167 Sao Tome and Principe 0.0363 compare
- 168 Tajikistan 0.0356 compare
- 169 Sudan 0.0352 compare
- 171 Guinea-Bissau 0.0297 compare
- 172 Central African Republic 0.0295 compare
- 173 Equatorial Guinea 0.0286 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 financial institutions depth index in Sierra Leone?
- Financial institutions depth index in Sierra Leone was 0.0338 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Sierra Leone?
- The highest recorded value was 0.0338 in 2020.
- What is the lowest financial institutions depth index recorded in Sierra Leone?
- The lowest recorded value was 0.0084 in 1999.
- How does Sierra Leone rank for financial institutions depth index?
- Sierra Leone ranks 170th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Sierra Leone?
- Over the last ten years it is up 20.4%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.