Sierra Leone Real Interest Rate 2024: 9.17 — near 2001 low

Latest value (2024) 9.17 Year-over-year change -223.21% Historical peak 27.17 Historical low -53.64 Year-by-Year Detail YearValueYoY Change 20249.17+223.2% 2023-7.44-23.6% 2022-6.02-156.8% 202110.60+157.4% 20204.12-43.8% 20197.32+14,488.0% 2018-0.051-100.7% 20177.59-33.3% 201611.38-22.0% 201514.59+402.9% 20142.90-78.4% 201313.46+122.9% 20126.04+23.1% 20114.90+174.7% 20101.79-88.0% 200914.88+15.1% 200812.93-17.1% 200715.60+1,065.2% 2006-1.62-123.7% 20056.83-16.7% 20048.20+36.5%…

Last updated: April 19, 2026

Latest value (2024)
9.17
Year-over-year change
-223.21%
Historical peak
27.17
Historical low
-53.64

Year-by-Year Detail

Year Value YoY Change
2024 9.17 +223.2%
2023 -7.44 -23.6%
2022 -6.02 -156.8%
2021 10.60 +157.4%
2020 4.12 -43.8%
2019 7.32 +14,488.0%
2018 -0.051 -100.7%
2017 7.59 -33.3%
2016 11.38 -22.0%
2015 14.59 +402.9%
2014 2.90 -78.4%
2013 13.46 +122.9%
2012 6.04 +23.1%
2011 4.90 +174.7%
2010 1.79 -88.0%
2009 14.88 +15.1%
2008 12.93 -17.1%
2007 15.60 +1,065.2%
2006 -1.62 -123.7%
2005 6.83 -16.7%
2004 8.20 +36.5%
2003 6.01 -77.9%
2002 27.17 +150.7%
2001 -53.64 -341.2%
2000 22.24 +170.4%
1999 8.23 +17,389.8%
1998 0.047 -99.8%
1997 21.14 +977.5%
1996 1.96 +155.0%
1995 -3.57 -296.4%
1994 1.82 -90.3%
1993 18.72 +277.5%
1992 -10.54 +66.7%
1991 -31.70 -198.9%
1990 -10.61 +46.2%
1989 -19.71 +10.8%
1988 -22.09 +57.2%
1987 -51.62 -50.3%
1986 -34.35 -11.8%
1985 -30.72 -97.3%
1984 -15.57 -749.8%
1983 -1.83 +38.0%
1982 -2.95 -151.0%
1981 5.80 -68.0%
1980 18.10 +3,867.5%
1979 -0.480 +95.4%
1978 -10.38 -42.0%
1977 -7.30 -1,205.0%
1976 0.661 +295.1%
1975 -0.339 +93.7%
1974 -5.40 +56.3%
1973 -12.36 -738.7%
1972 1.93 -87.9%
1971 16.04 +54.8%
1970 10.36 +291.9%
1969 -5.40 -532.1%
1968 1.25 -91.5%
1967 14.71 +187.0%
1966 5.13 +92.4%
1965 2.66

Time Series (1965–2024)

27.17 6.97 -13.24 -33.44 -53.64

1965
1995
2024

Notable Inflection Points

  • 1987 — local trough at -51.62.
  • 1991 — local trough at -31.70.
  • 2001 — local trough at -53.64.
  • 2002 — local peak at 27.17.

Trend Analysis

Metric Value
Compound annual growth rate (1965–2024) +2.12%
Coefficient of variation 10,189.0%
Long-run mean -0.157
Long-run median 1.95
Observations 60

Decade Averages

Decade Mean Low High Obs.
1960s 3.67 -5.40 14.71 5
1970s -0.725 -12.36 16.04 10
1980s -15.50 -51.62 18.10 10
1990s -0.451 -31.70 21.14 10
2000s 5.86 -53.64 27.17 10
2010s 6.99 -0.051 14.59 10
2020s 2.09 -7.44 10.60 5

Sierra Leone in 2024: Development Context

Health

Indicator 2024
Birth Rate (per 1,000 people) 30.11 per 1,000
Death Rate (per 1,000 people) 8.21 per 1,000
Life Expectancy at Birth (years) 61.96 years

Environment

Indicator 2024
CO2 Emissions (metric tons per capita) 0.169 metric tons/capita
Other Greenhouse Gas Emissions 7.93

Governance

Indicator 2024
Control of Corruption (Estimate) -0.702
Control of Corruption (Std. Error) 0.154
Government Effectiveness (Estimate) -0.967
Government Effectiveness (Std. Error) 0.184
Individuals Using the Internet (% of population) 25.1%
Political Stability (Estimate) -0.450
Political Stability (Std. Error) 0.238
Regulatory Quality (Estimate) -1.06
Regulatory Quality (Std. Error) 0.155
Rule of Law (Estimate) -0.839
Rule of Law (Std. Error) 0.137
Statistical Performance Indicators 59.94
Voice and Accountability (Estimate) -0.513
Voice and Accountability (Std. Error) 0.142

Economic

Indicator 2024
GDP (current US$) $6.97B
Inflation, Consumer Prices (annual %) 28.63%
Military Expenditure (% of GDP) 0.463%
Risk Premium on Lending (%) 11.82
Trade in Services (% of GDP) 8.08%

Demographics

Indicator 2024
Population, Total 8.64M people
Rural Population 4.72M people

Source: World Bank — World Development Indicators. Data licensed CC BY 4.0.

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