Interest rate on bank loans reached 18.9% in 2021 in Sierra Leone, according to the National Central Bank. This is 5.13% more than in the previous year.
Historically, interest rate on bank loans in Sierra Leone reached an all time high of 62.8% in 1992 and an all time low of 8.00% in 1965.
Sierra Leone has been ranked 10th within the group of 94 countries we follow in terms of interest rate on bank loans.
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