Sierra Leone - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Sierra Leone was 17.94 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between 62.83 in 1992 and 8.00 in 1965.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. 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
1965 8.00
1966 8.00
1967 8.00
1968 8.00
1969 8.00
1970 8.00
1971 8.00
1972 8.00
1973 8.00
1974 8.00
1975 8.50
1976 9.00
1977 11.00
1978 11.00
1979 11.00
1980 11.00
1981 15.00
1982 15.00
1983 17.25
1984 18.00
1985 17.00
1986 17.19
1987 28.54
1988 28.00
1989 29.67
1990 52.50
1991 56.25
1992 62.83
1993 50.46
1994 27.33
1995 28.83
1996 32.12
1997 23.87
1998 23.83
1999 26.83
2000 26.25
2001 24.27
2002 22.17
2003 20.00
2004 22.08
2005 24.58
2006 24.00
2007 25.00
2008 24.50
2009 22.17
2010 21.25
2011 21.00
2012 21.00
2013 20.56
2014 19.41
2015 18.73
2016 16.22
2017 15.66
2018 15.96
2019 17.97
2020 17.94

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates