Sierra Leone: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 10.68 percent as of May 2024, a decline compared to the previous value of 11.83 percent. Historically, the average for Sierra Leone from December 2001 to May 2024 is 10.53 percent. The minimum of 5.22 percent was recorded in September 2015, while the maximum of 13.89 percent was reached in February 2005.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Sierra Leone
| Recent values | Sierra Leone: Bank deposit interest rate, percent |
|---|---|
| 2024 May | 10.68 |
| 2024 Apr | 11.83 |
| 2024 Mar | 11.83 |
| 2024 Feb | 11.83 |
| 2024 Jan | 10.11 |
| 2023 Dec | 10.11 |
| 2023 Nov | 9.97 |
| 2023 Oct | 9.97 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 47.6 | 2023 | percent |
| Exchange rate regimes | 6 | 2021 | index points |
| USD exchange rate | 19,678.6479 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 27,538.14 | 5/2024 | billion |
| Consumer Price Index (CPI) | 227.8300 | 7/2024 | index points |
| Inflation, monthly | 0.93 | 7/2024 | percent |
| Inflation, annual | 29.45 | 7/2024 | percent |
| Private sector credit | 3,660.00 | 5/2024 | billion |
| Deposit interest rate | 10.68 | 5/2024 | percent |