Financial and insurance activities (banking), value added in Sierra Leone
Sierra Leone: Financial and insurance activities (banking), value added was 141.75 million current US$ in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Sierra Leone, 1985–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Sierra Leone is 141.75 million current US$, measured in 2011. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 17.1% on the previous year and up 88.6% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Sierra Leone peaked at 141.75 million current US$ in 2011 and was at its lowest, 908,912 current US$, in 1985.
Sierra Leone ranks 17th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Sierra Leone, year by year
| Year | current US$ | Change |
|---|---|---|
| 1985 | 908,912 current US$ | — |
| 1986 | 63.32 million current US$ | +6866.9% |
| 1987 | 57.42 million current US$ | -9.3% |
| 1988 | 81.72 million current US$ | +42.3% |
| 1989 | 71.91 million current US$ | -12.0% |
| 1990 | 29.62 million current US$ | -58.8% |
| 1991 | 19.67 million current US$ | -33.6% |
| 1992 | 19.63 million current US$ | -0.2% |
| 1993 | 30.16 million current US$ | +53.7% |
| 1994 | 32.76 million current US$ | +8.6% |
| 1995 | 31.26 million current US$ | -4.6% |
| 1996 | 31.37 million current US$ | +0.4% |
| 1997 | 23.99 million current US$ | -23.5% |
| 1998 | 16.46 million current US$ | -31.4% |
| 1999 | 14.03 million current US$ | -14.7% |
| 2000 | 14.90 million current US$ | +6.2% |
| 2001 | 75.17 million current US$ | +404.3% |
| 2002 | 79.44 million current US$ | +5.7% |
| 2003 | 81.51 million current US$ | +2.6% |
| 2004 | 87.54 million current US$ | +7.4% |
| 2005 | 92.00 million current US$ | +5.1% |
| 2006 | 105.05 million current US$ | +14.2% |
| 2007 | 107.14 million current US$ | +2.0% |
| 2008 | 119.47 million current US$ | +11.5% |
| 2009 | 112.93 million current US$ | -5.5% |
| 2010 | 121.04 million current US$ | +7.2% |
| 2011 | 141.75 million current US$ | +17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 55.06 million current US$ | 908,912 current US$ | 81.72 million current US$ | 5 |
| 1990s | 24.89 million current US$ | 14.03 million current US$ | 32.76 million current US$ | 10 |
| 2000s | 87.52 million current US$ | 14.90 million current US$ | 119.47 million current US$ | 10 |
| 2010s | 131.40 million current US$ | 121.04 million current US$ | 141.75 million current US$ | 2 |
Countries ranked near Sierra Leone
More economy & growth data for Sierra Leone
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.55 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 4.61 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.38 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,166 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.61 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 9.1 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 7,701 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 17.76 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1588 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Sierra Leone?
- Financial and insurance activities (banking), value added in Sierra Leone was 141.75 million current US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Sierra Leone?
- The highest recorded value was 141.75 million current US$ in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Sierra Leone?
- The lowest recorded value was 908,912 current US$ in 1985.
- How does Sierra Leone rank for financial and insurance activities (banking), value added?
- Sierra Leone ranks 17th out of 37 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Sierra Leone?
- Over the last ten years it is up 88.6%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.