Sierra Leone - Interest rate spread

Interest rate spread (lending rate minus deposit rate, %)

The value for Interest rate spread (lending rate minus deposit rate, %) in Sierra Leone was 12.30 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 23.46 in 1993 and a minimum value of 1.83 in 1980.

Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1977 4.00
1978 4.00
1979 3.75
1980 1.83
1981 5.00
1982 5.00
1983 6.25
1984 6.00
1985 5.67
1986 3.02
1987 15.88
1988 11.67
1989 9.67
1990 12.00
1991 8.45
1992 8.17
1993 23.46
1994 15.70
1995 21.80
1996 18.17
1997 13.96
1998 16.71
1999 17.33
2000 17.01
2001 16.50
2002 12.77
2003 10.33
2004 10.92
2005 12.79
2006 12.86
2007 14.21
2008 13.91
2009 12.44
2010 11.78
2011 10.69
2012 10.61
2013 11.65
2014 12.81
2015 14.24
2016 10.86
2017 10.13
2018 9.88
2019 11.56
2020 12.30

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates