Bank branches — all countries

Bank branches — Sierra Leone

Bank branches in Sierra Leone in 2024 — 2.13 per 100k. Ranked 149 in the world out of 153. Since 2004, the indicator has risen by 88.4%.

2024 2.13 per 100k −2.8% vs 2023
World rank 149of 153
Period maximum 3.19 per 100k2013
Period minimum 1.13 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — Sierra Leone, 2004–20241234200420062008201020122014201620182020202220242004: 1.13 per 100k2005: 1.23 per 100k2006: 1.39 per 100k2007: 1.67 per 100k2008: 2.1 per 100k2009: 2.54 per 100k2010: 2.66 per 100k2011: 2.72 per 100k2012: 2.72 per 100k2013: 3.19 per 100k2014: 3.09 per 100k2015: 3 per 100k2016: 2.91 per 100k2017: 2.62 per 100k2018: 2.76 per 100k2019: 2.81 per 100k2020: 2.73 per 100k2021: 2.32 per 100k2022: 2.26 per 100k2023: 2.19 per 100k2024: 2.13 per 100k
Change over the period: +1 (+88.35%) Average annual rate: 3.22 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Sierra Leone

Sierra Leone 2.13 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Western Africa computed 3.62 per 100k
Bank branches — Sierra Leone, by year Sierra Leone All countries CSV XLSX
Year per 100k Change Change, %
2024 2.13 −0.06 −2.8%
2023 2.19 −0.06 −2.88%
2022 2.26 −0.07 −2.89%
2021 2.32 −0.41 −14.85%
2020 2.73 −0.08 −2.92%
2019 2.81 +0.05 +1.74%
2018 2.76 +0.14 +5.5%
2017 2.62 −0.3 −10.13%
2016 2.91 −0.09 −2.99%
2015 3 −0.09 −2.91%
2014 3.09 −0.09 −2.91%
2013 3.19 +0.47 +17.11%
2012 2.72 +0 +0.06%
2011 2.72 +0.06 +2.27%
2010 2.66 +0.12 +4.85%
2009 2.54 +0.43 +20.68%
2008 2.1 +0.44 +26.15%
2007 1.67 +0.28 +19.84%
2006 1.39 +0.16 +13.09%
2005 1.23 +0.1 +8.67%
2004 1.13

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.