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Interest Rate on Bank Loans (Local Currency) in Sierra Leone

Source: National Central Bank
Last Updated: Dec 1, 2021

Interest rate on bank loans reached 23.5% in 2020 in Sierra Leone, according to the National Central Bank. This is 2.08% 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 5th within the group of 86 countries we follow in terms of interest rate on interest rate on bank loans.

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