Bank deposits as a share of GDP rose 44.1% to 24.7% in Sierra Leone in 2015, according to the National Central Bank.
Historically, bank deposits as a share of GDP in Sierra Leone reached an all time high of 24.7% in 2015 and an all time low of 10.6% in 2005. When compared to Sierra Leone's main peers, bank deposits as a share of GDP in Burkina Faso amounted to 39.8%, 19.5% in Guinea, 30.7% in Liberia and 31.4% in Mali in 2015.
Sierra Leone has been ranked 116th within the group of 137 countries we follow in terms of bank deposits as a share of GDP, 4 places below the position seen 10 years ago.
Bank Deposits (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 49.5% | 44.3% | 47.5% | 48.2% | ... | ... | ... | ||||||||||||||
Burkina Faso | % | ... | ... | ... | ... | 39.8% | ... | ... | ... | ... | ... | ... | ||||||||||
Ghana | % | 30.1% | 30.9% | 28.4% | 20.9% | 22.0% | ||||||||||||||||
Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.5% | 18.0% | 16.8% | 16.6% | 17.7% | ||||
Ivory Coast | % | ... | ... | ... | ... | 31.3% | ... | ... | ... | ... | ... | ... | ||||||||||
Liberia | % | ... | ... | ... | ... | 30.7% | ... | ... | ... | 2,043% | ... | ... | ||||||||||
Mali | % | ... | ... | ... | ... | 31.4% | ... | ... | ... | ... | ... | ... | ||||||||||
Mauritania | % | ... | ... | ... | ... | 29.6% | ... | ... | ... | ... | ... | ... | ||||||||||
Niger | % | ... | ... | ... | ... | 18.6% | ... | ... | ... | ... | ... | ... | ||||||||||
Senegal | % | ... | ... | ... | ... | 29.3% | ... | ... | ... | ... | ... | ... | ||||||||||
Sierra Leone | % | ... | ... | ... | ... | 24.7% | ... | ... | ... | ... | ... | ... |