Saved at a financial institution or using a mobile money account in Sierra Leone

Sierra Leone: Saved at a financial institution or using a mobile money account was 22.0% in 2024. ▲ Rising

Latest (2024)
22.0%
Change on year
up 98.6%
World rank
51st
of 82 countries
All-time high
22.0%
in 2024
All-time low
5.2%
in 2017
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Sierra Leone, 2011–2024

51015202011201720242011: 14.5 % age 15+2014: 10.9 % age 15+2017: 5.2 % age 15+2021: 11.1 % age 15+2024: 22 % age 15+

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

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Sierra Leone is 22.0%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 98.6% on the previous year and up 101.1% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Sierra Leone peaked at 22.0% in 2024 and was at its lowest, 5.2%, in 2017.

Sierra Leone ranks 51st of 82 countries on this measure, in the middle of the range.

Saved at a financial institution or using a mobile money account in Sierra Leone, year by year

Annual values for Saved at a financial institution or using a mobile money account (% 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 11.1% +114.0%
2024 22.0% +98.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.2% 5.2% 14.5% 3
2020s 16.5% 11.1% 22.0% 2

Countries ranked near Sierra Leone

  1. 48 Venezuela, Bolivarian Republic of 23.2% compare
  2. 49 Sri Lanka 23.2% compare
  3. 50 Ecuador 22.3% compare
  4. 52 Nepal 20.8% compare
  5. 53 Ukraine 20.7% compare
  6. 54 Kyrgyzstan 19.5% compare

See the full ranking of 92 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Sierra Leone?
Saved at a financial institution or using a mobile money account in Sierra Leone was 22.0% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Sierra Leone?
The highest recorded value was 22.0% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Sierra Leone?
The lowest recorded value was 5.2% in 2017.
How does Sierra Leone rank for saved at a financial institution or using a mobile money account?
Sierra Leone ranks 51st out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Sierra Leone?
Over the last ten years it is up 101.1%. The long-run trend across the full record is rising.
Where does this Sierra Leone data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Sierra Leone. Statizoid, drawing on Global Findex Database. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/sierra-leone/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 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 or using a mobile money account to save in the past year, (% age 15+)