Saved at a bank or similar financial institution in Sierra Leone

Sierra Leone: Saved at a bank or similar financial institution was 6.2% in 2024. ▼ Falling

Latest (2024)
6.2%
Change on year
up 27.3%
World rank
74th
of 80 countries
All-time high
14.5%
in 2011
All-time low
4.9%
in 2021
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Sierra Leone, 2011–2024

4681012142011201720242011: 14.5 % age 15+2014: 10.9 % age 15+2017: 5.2 % age 15+2021: 4.9 % age 15+2024: 6.2 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for saved at a bank or similar financial institution in Sierra Leone is 6.2%, measured in 2024.

Compared with earlier readings it is up 27.3% on the previous year and down 43.3% over ten years.

Over the whole period, saved at a bank or similar financial institution in Sierra Leone peaked at 14.5% in 2011 and was at its lowest, 4.9%, in 2021.

Sierra Leone ranks 74th of 80 countries on this measure, in the bottom quarter.

Saved at a bank or similar financial institution in Sierra Leone, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Sierra Leone, 2011 to 2024.
Year % age 15+ Change
2011 14.5%
2014 10.9% -24.5%
2017 5.2% -52.7%
2021 4.9% -5.9%
2024 6.2% +27.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.2% 5.2% 14.5% 3
2020s 5.5% 4.9% 6.2% 2

Countries ranked near Sierra Leone

  1. 71 Tajikistan 6.8% compare
  2. 72 Jordan 6.8% compare
  3. 73 Nicaragua 6.7% compare
  4. 75 Malawi 5.4% compare
  5. 76 Congo 5.2% compare
  6. 77 Madagascar 4.8% compare

See the full ranking of 90 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is saved at a bank or similar financial institution in Sierra Leone?
Saved at a bank or similar financial institution in Sierra Leone was 6.2% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Sierra Leone?
The highest recorded value was 14.5% in 2011.
What is the lowest saved at a bank or similar financial institution recorded in Sierra Leone?
The lowest recorded value was 4.9% in 2021.
How does Sierra Leone rank for saved at a bank or similar financial institution?
Sierra Leone ranks 74th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Sierra Leone?
Over the last ten years it is down 43.3%. The long-run trend across the full record is falling.
Where does this Sierra Leone data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a bank or similar financial institution in Sierra Leone. Statizoid, drawing on Global Findex Database. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/sierra-leone/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)