Sierra Leone: Financial development

* indicates monthly or quarterly data series
 Sierra Leone

Financial development

 Latest value 0.070
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.050
 Min - Max 0.019 - 0.074
 Source International Monetary Fund
The latest value from 2021 is 0.07 index points, an increase from 0.069 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Sierra Leone from 1980 to 2021 is 0.05 index points. The minimum value, 0.019 index points, was reached in 1987 while the maximum of 0.074 index points was recorded in 2016. 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 data
Sierra Leone - Financial development - Recent values chart

Historical series
Sierra Leone - Financial development - historical chart - 1980-2021




Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

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International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.070 2021 index points
 Financial institutions development 0.133 2021 index points
 Financial institutions development, depth 0.034 2021 index points
 Financial institutions development, access 0.033 2021 index points
 Financial institutions development, efficiency 0.385 2021 index points
 Financial markets development 0.005 2021 index points
 Financial markets development, depth 0.013 2021 index points
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