Sierra Leone: Financial development

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.

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.