Lending interest rate in Sierra Leone
Sierra Leone: Lending interest rate was 21.4% in 2025. ◆ Volatile
Lending interest rate in Sierra Leone, 1965–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Sierra Leone recorded 21.4% for lending interest rate in 2025.
Compared with earlier readings it is up 4.2% on the previous year and up 14.4% over ten years.
Over the whole period, lending interest rate in Sierra Leone peaked at 62.8% in 1992 and was at its lowest, 8.0%, in 1965.
That places Sierra Leone 14th out of 148 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.0% | 8.0% | 8.0% | 5 |
| 1970s | 9.1% | 8.0% | 11.0% | 10 |
| 1980s | 19.7% | 11.0% | 29.7% | 10 |
| 1990s | 38.5% | 23.8% | 62.8% | 10 |
| 2000s | 23.5% | 20.0% | 26.2% | 10 |
| 2010s | 18.8% | 15.7% | 21.2% | 10 |
| 2020s | 19.6% | 17.9% | 21.4% | 6 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Net migration -11,309 (2025)
- Total reserves in months of imports 1.75 (2024)
- Net domestic credit 41.83 billion current LCU (2025)
- Domestic credit to private sector by banks 5.5% (2025)
- Net foreign assets 417.37 million current LCU (2025)
- Claims on central government, etc. 19.2% (2025)
- Monetary Sector credit to private sector 5.5% (2025)
- Domestic credit to private sector 5.5% (2025)
- Broad money 22.6% (2025)
- Official exchange rate 21.3 LCU per US$, period average (2023)
Frequently asked questions
- What is lending interest rate in Sierra Leone?
- Lending interest rate in Sierra Leone was 21.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Sierra Leone?
- The highest recorded value was 62.8% in 1992.
- What is the lowest lending interest rate recorded in Sierra Leone?
- The lowest recorded value was 8.0% in 1965.
- How does Sierra Leone rank for lending interest rate?
- Sierra Leone ranks 14th out of 148 countries with data for 2025.
- Is lending interest rate rising or falling in Sierra Leone?
- Over the last ten years it is up 14.4%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.