Sierra Leone: Lending interest rate

* indicates monthly or quarterly data series
 Sierra Leone

Interest rates on bank credit to the private sector

 Latest value 19.31
 Year 2022
 Measure percent
 Data availability 1965 - 2022
 Average 20.53
 Min - Max 8.00 - 62.83
 Source The World Bank
For that indicator, we provide data for Sierra Leone from 1965 to 2022. The average value for Sierra Leone during that period was 20.53 percent with a minimum of 8 percent in 1965 and a maximum of 62.83 percent in 1992. The latest value from 2022 is 19.31 percent. For comparison, the world average in 2022 based on 91 countries is 11.75 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Sierra Leone - Lending interest rate - Recent values chart

Historical chart
Sierra Leone - Lending interest rate - historical chart - 1965-2022




The lending interest rate in Sierra Leone shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
Definition: 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.


 Related indicators Latest value Reference Measure
 Lending-deposit interest rate spread 12.30 2020 interest rate points
 Bank cost to income ratio 56.10 2019 percent
 Bank overhead cost 8.99 2019 percent
 Net interest margin 14.69 2019 percent
 Bank credit to deposits 28.84 2021 percent
 Regulatory capital to risk-weighted assets 33.98 2015 percent
 Return on assets 6.70 2019 percent
 Return on equity 50.77 2019 percent
 Banking system z-scores 6.34 2019 index points
 Liquid assets to deposits 24.35 2019 percent
 Banking system capital to assets 12.32 2015 percent
 Non-interest income to total income 24.96 2019 percent
 Lending interest rate 19.31 2022 percent
 Real interest rate -4.80 2022 percent
 Legal rights 5.00 2020 points
 Credit information sharing 0.00 2019 points
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