Bank Depositors Statistics in Sierra Leone (2026)
As of 2023, commercial bank depositors in Sierra Leone was 426.3 per 1,000 adults, per World Bank World Development Indicators data. Up from 370.4 per 1,000 adults in 2022 to 426.3 per 1,000 adults in 2023. Sierra Leone ranks #15 of 35 economies in Sub-Saharan Africa on this measure, and #70 of 95 globally.
Key Statistics
- Latest value (2023)
- 426.3 per 1,000 adults (2023)
- Bank Depositors in Sierra Leone as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +15.1% (2023)
- Up from 370.4 per 1,000 adults in 2022 to 426.3 per 1,000 adults in 2023.
- CAGR 2006–2023
- +12.6% per year (2023)
- Compound annual growth rate from 56.4 per 1,000 adults in 2006 to 426.3 per 1,000 adults in 2023.
- Earliest value in this dataset (2006)
- 56.4 per 1,000 adults (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 56.4 per 1,000 adults in 2006 to 426.3 per 1,000 adults in 2023.
- Record high (2023)
- 426.3 per 1,000 adults (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Sierra Leone.
- Rank in Sub-Saharan Africa
- #15 of 35 (2023)
- Sierra Leone ranks 15 of 35 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #70 of 95 (2023)
- Sierra Leone ranks 70 of 95 countries with data globally.
- Sub-Saharan Africa average
- 534.5 per 1,000 adults (2023)
- Sierra Leone (426.3 per 1,000 adults) is below the average of 534.5 per 1,000 adults across the 35 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 617.7 per 1,000 adults (2026)
- Projection based on 16-year trend (CAGR 13.2%); not an official figure.
- Number of depositors with commercial banks per 1,000 adults (2024)
- 487.9 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Sierra Leone (2024)
- 25.1% (2024)
- 25.1% of the population in Sierra Leone used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 8.6 million (2024)
- Sierra Leone had a population of 8.6 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2023
| Year | per 1,000 adults | Change |
|---|---|---|
| 2023 | 426 | +15.1% |
| 2022 | 370 | +138.7% |
| 2012 | 155 | +13.9% |
| 2011 | 136 | −18.9% |
| 2010 | 168 | +66.7% |
| 2009 | 101 | +18.8% |
| 2008 | 84.8 | +43.8% |
| 2007 | 59 | +4.6% |
| 2006 | 56.4 | — |
Frequently asked questions
What is the latest figure for commercial bank depositors in Sierra Leone?
Commercial bank depositors in Sierra Leone stood at 426.3 per 1,000 adults in 2023, according to World Bank World Development Indicators data.
How has bank depositors in Sierra Leone changed over time?
World Bank World Development Indicators data show a rise from 56.4 per 1,000 adults in 2006 to 426.3 per 1,000 adults in 2023.
How does Sierra Leone compare with other countries in Sub-Saharan Africa?
Sierra Leone ranks 15 of 35 countries in Sub-Saharan Africa with data, with 426.3 per 1,000 adults versus a regional average of 534.5 per 1,000 adults (latest values per country).
Where does Sierra Leone rank globally on bank depositors?
Sierra Leone ranks 70 of 95 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.DPTR.P3, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .