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Sierra Leone Deposit Rate

Deposit interest rate  FR.INR.DPST

Sierra Leone's deposit rate was 6.49% in 2025, ranked 31st globally. This represents a 3.1% decrease from 2024. Data from World Bank, covering 1977–2025.

6.49% −0.21pp (-3.1%)
Year 2025 Rank #31 Global Peak 54.67% (1992) Source World Bank

Sierra Leone Deposit Rate (1977–2025)

Overview

Sierra Leone's deposit rate stood at 6.49% in 2025, a decline of +0.21pp from 2024. Based on recent trends, this figure is projected to reach 6.49% by 2025. Sierra Leone ranked 31st globally.

Sierra Leone's deposit rate has experienced significant fluctuations over the past 49 years, with the all-time peak occurring in 1992 at a rate of 54.67%, and the all-time trough in 2015 at 4.49%. Since then, the rate has gradually increased, reaching 6.49% in 2025, ranking the country 31st globally. In comparison, Ecuador's deposit rate remains relatively stable, standing at 7.11%, while Jordan's rate has been steadily increasing, reaching 6.41%. The recent growth in Sierra Leone's deposit rate indicates a positive trend, suggesting that the financial sector is becoming more attractive to depositors. However, future inflation rates and monetary policy decisions by the Central Bank of Sierra Leone could impact this trend, potentially leading to changes in the deposit rate.

Data & projection

Year Deposit Rate YoY change Rank
2027* trend 6.98% - -
2026* trend 6.73% - -
2025* trend 6.49% - -
2025 6.49% −0.21pp #31
2024 6.70% +1.00pp #61
2023 5.70% +0.32pp #63
2022 5.38% +0.01pp #72
2021 5.37% −0.27pp #90
2020 5.64% −0.76pp #88
2019 6.40% +0.33pp #88
2018 6.08% +0.55pp #91
2017 5.53% +0.17pp #94
2016 5.36% +0.88pp #92
2015 4.49% −2.12pp #88
2014 6.61% −2.30pp #102
2013 8.91% −1.48pp #122
2012 10.39% +0.08pp #124
2011 10.31% +0.84pp #120
Show all years (1977-2025)
* Linear trend extrapolation

Detected Pattern

Currency Crisis Pattern
Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.
Inflation 47.6% Reserves YoY -20.6% FX YoY +51.7%
Occurred 128 times, 35 successful
Inflation
133.5%
Reserves YoY
-48.5%
FX YoY
+126.8%
Inflation
38.1%
Reserves YoY
-30.4%
FX YoY
+33.2%
Inflation
221.3%
Reserves YoY
-15.4%
FX YoY
+820.4%
Inflation
47.6%
Reserves YoY
-20.6%
FX YoY
+51.7%
Inflation
667.4%
Reserves YoY
-80.7%
FX YoY
+835.9%
Inflation
31.3%
Reserves YoY
-47.5%
FX YoY
+42.5%
24 mo later
22.8%

Analysis

Sierra Leone matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw deposit rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sierra Leone's deposit rate?▾

Sierra Leone's deposit rate was 6.49% in 2025. Ranked 31st globally. This represents a 3.1% decrease from the previous year.

What was the highest deposit rate in Sierra Leone?▾

Sierra Leone's deposit rate peaked at 54.67% in 1992.

What was the lowest deposit rate in Sierra Leone?▾

The lowest deposit rate in Sierra Leone was 4.49% in 2015.

How does Sierra Leone rank in deposit rate?▾

Sierra Leone ranks 31st globally in deposit rate as of 2025.

What is the World Bank indicator code for deposit rate?▾

The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.

What is the projected deposit rate of Sierra Leone in 2025?▾

Sierra Leone's deposit rate is projected to reach 6.49% by 2025 based on trend extrapolation.

What is the deposit rate of Sierra Leone in 2025?▾

The deposit rate of Sierra Leone in 2025 was 6.49%. This ranks 31st in the world.

Cite this page

APA
Sierra Leone Deposit Rate. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/sierra-leone/deposit-rate/
BibTeX
@misc{historysaid_sierra-leone_deposit-rate, title = {Sierra Leone Deposit Rate}, url = {https://historysaid.com/sierra-leone/deposit-rate/}, publisher = {HistorySaid}, year = {2026} }
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