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Sierra Leone Private Credit (% GDP)

Sierra Leone's private credit (% GDP) rose to 3.66% in 2024, up from 3.24% in 2023, according to World Bank. This represents an increase of 0.42% from the previous year. Sierra Leone has the 3rd lowest private credit (% GDP). Other bottom countries are Somalia, Afghanistan, Haiti and South Sudan.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 3.66%
2023 3.24%
2022 3.54%
2021 4.22%
2020 3.62%
2019 3.86%
2018 3.64%
2017 3.33%
2016 3.52%
2015 3.35%
2014 3.19%
2013 3.13%
2012 3.41%
2011 4.64%
2010 4.73%
2009 5.1%
2008 3.36%
2007 2.57%
2006 1.95%
2005 2.17%
2004 2.24%
2003 1.85%
2002 1.3%
2001 1.03%
2000 2.11%
1999 2.07%
1998 2.72%
1997 3.25%
1996 2.51%
1995 2.68%
1994 3.13%
1993 3.43%
1992 3.05%
1991 3.52%
1990 3.25%
1989 4.83%
1988 3.5%
1987 2.74%
1986 5.41%
1985 3.1%
1984 4.08%
1983 7.05%
1982 7.09%
1981 7.68%
1980 7.87%
1979 6.06%
1978 6.45%
1977 5.9%
1976 6.6%
1975 6.7%
1974 7.16%
1973 6.01%
1972 5.81%
1971 5.62%
1970 5.33%
1969 4.67%
1968 5.22%
1967 5.9%
1966 5.54%
1965 5.92%
1964 6.74%
1963 6.56%
1962 4.76%
1961 3.5%
1960 2.77%
Sierra Leone Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Sierra Leone.