Savings Rate, Percent per annum in Sierra Leone
Sierra Leone: Savings Rate, Percent per annum was 1.99 in 2025. ▼ Falling
Savings Rate, Percent per annum in Sierra Leone, 2001–2025
Source: International Monetary Fund.
Analysis
In 2025, savings rate, percent per annum in Sierra Leone stood at 1.99. That is the lowest value across all 25 years on record.
The figure is down 10.4% on the previous year and down 26.9% over ten years.
Over the whole period, savings rate, percent per annum in Sierra Leone peaked at 8.28 in 2005 and was at its lowest, 1.99, in 2025.
That places Sierra Leone 30th out of 63 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Savings Rate, Percent per annum in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 5.1 | — |
| 2002 | 5.27 | +3.3% |
| 2003 | 5.5 | +4.4% |
| 2004 | 7.38 | +34.2% |
| 2005 | 8.28 | +12.1% |
| 2006 | 7.63 | -7.8% |
| 2007 | 7.59 | -0.5% |
| 2008 | 6.95 | -8.5% |
| 2009 | 6.36 | -8.5% |
| 2010 | 6.29 | -1.1% |
| 2011 | 6.44 | +2.4% |
| 2012 | 6.42 | -0.3% |
| 2013 | 5.82 | -9.3% |
| 2014 | 3.99 | -31.5% |
| 2015 | 2.73 | -31.6% |
| 2016 | 2.53 | -7.1% |
| 2017 | 2.52 | -0.6% |
| 2018 | 3.09 | +22.5% |
| 2019 | 2.9 | -6.0% |
| 2020 | 2.81 | -3.2% |
| 2021 | 2.27 | -19.3% |
| 2022 | 2.21 | -2.4% |
| 2023 | 2.2 | -0.4% |
| 2024 | 2.22 | +0.9% |
| 2025 | 1.99 | -10.4% |
Sierra Leone compared with similar countries
- Sierra Leone's 1.99 is above the median for low income countries, which is 1.99, 1.0× the median. (5 countries reporting)
- Sierra Leone's 1.99 is below the median for Sub-Saharan Africa, which is 2.92, 68% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.67 | 5.1 | 8.28 | 9 |
| 2010s | 4.27 | 2.52 | 6.44 | 10 |
| 2020s | 2.28 | 1.99 | 2.81 | 6 |
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 savings rate, percent per annum in Sierra Leone?
- Savings rate, percent per annum in Sierra Leone was 1.99 in 2025, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Sierra Leone?
- The highest recorded value was 8.28 in 2005.
- What is the lowest savings rate, percent per annum recorded in Sierra Leone?
- The lowest recorded value was 1.99 in 2025.
- How does Sierra Leone rank for savings rate, percent per annum?
- Sierra Leone ranks 30th out of 63 countries with data for 2025.
- Is savings rate, percent per annum rising or falling in Sierra Leone?
- Over the last ten years it is down 26.9%. The long-run trend across the full record is falling.
- Where does this Sierra Leone data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.