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Sierra Leone Lending Rate

Lending interest rate  FR.INR.LEND

Sierra Leone's lending rate was 20.97% in 2025, ranked 11th globally. This represents a 2.6% increase from 2024. Data from World Bank, covering 1965–2025.

20.97% +0.53pp (+2.6%)
Year 2025 Rank #11 Global Peak 62.83% (1992) Source World Bank

Sierra Leone Lending Rate (1965–2025)

Overview

Sierra Leone's lending rate stood at 20.97% in 2025, a rise of +0.53pp from 2024. Based on recent trends, this figure is projected to reach 20.97% by 2025. Sierra Leone ranked 11th globally.

Sierra Leone's lending rate has fluctuated significantly over the past six decades, with an all-time peak of 62.83% in 1992, a level far surpassing that of its peers, such as Colombia, which reached 21.90% in 2025. Conversely, the lowest lending rate recorded in Sierra Leone was 8.00% in 1965 and again in 1974. The country's lending rate has displayed a more recent uptrend, reaching 20.97% in 2025, ranking eleventh globally. This upward trajectory is in line with the lending rates of other developing countries, including the Kyrgyz Republic, which stood at 20.64% in 2025. The high lending rate in Sierra Leone reflects the ongoing challenges the country faces in stabilizing its economy, including a fragile financial sector and high inflation. If Sierra Leone's government successfully implements economic reforms and stabilizes the financial sector, a downward trend in the lending rate could be expected.

Data & projection

Year Lending Rate YoY change Rank
2027* trend 22.13% - -
2026* trend 21.55% - -
2025* trend 20.97% - -
2025 20.97% +0.53pp #11
2024 20.44% +0.80pp #72
2023 19.64% +0.33pp #81
2022 19.31% +0.45pp #89
2021 18.86% +0.92pp #100
2020 17.94% −0.03pp #102
2019 17.97% +2.01pp #104
2018 15.96% +0.30pp #97
2017 15.66% −0.56pp #107
2016 16.22% −2.51pp #110
2015 18.73% −0.68pp #121
2014 19.41% −1.15pp #127
2013 20.56% −0.44pp #132
2012 21.00% +0.00pp #127
2011 21.00% −0.25pp #124
Show all years (1965-2025)
* 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 lending rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sierra Leone's lending rate?▾

Sierra Leone's lending rate was 20.97% in 2025. Ranked 11th globally. This represents a 2.6% increase from the previous year.

What was the highest lending rate in Sierra Leone?▾

Sierra Leone's lending rate peaked at 62.83% in 1992.

What was the lowest lending rate in Sierra Leone?▾

The lowest lending rate in Sierra Leone was 8.00% in 1965.

How does Sierra Leone rank in lending rate?▾

Sierra Leone ranks 11th globally in lending rate as of 2025.

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

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

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

Sierra Leone's lending rate is projected to reach 20.97% by 2025 based on trend extrapolation.

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

The lending rate of Sierra Leone in 2025 was 20.97%. This ranks 11th in the world.

Cite this page

APA
Sierra Leone Lending Rate. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/sierra-leone/lending-rate/
BibTeX
@misc{historysaid_sierra-leone_lending-rate, title = {Sierra Leone Lending Rate}, url = {https://historysaid.com/sierra-leone/lending-rate/}, publisher = {HistorySaid}, year = {2026} }
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