Sierra Leone Interest Rate

The benchmark interest rate in Sierra Leone was last recorded at 10 percent. Interest Rate in Sierra Leone is reported by the Bank of Sierra Leone. Interest Rate in Sierra Leone averaged 22.19 Percent from 2000 until 2014, reaching an all time high of 27 Percent in October of 2000 and a record low of 10 Percent in December of 2013. In Sierra Leone, interest rates decisions are taken by the Bank of Sierra Leone’s Monetary Policy Committee. The BSL’s official interest rate is the monetary policy rate. This page provides - Sierra Leone Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.00 10.00 27.00 10.00 8.75 | 2014/04 2000 - 2014 Percent Monthly

TO

Sierra Leone Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 10.00 2014-03-31 10.00 27.00 10.00 8.75 2014-04-30 Percent [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Sierra Leone Inflation Rate at 8.23 Percent  
The inflation rate in Sierra Leone was recorded at 8.23 percent in December of 2013. Inflation Rate in Sierra Leone is reported by the Statistics Sierra Leone.
Sierra Leone Government Budget at -1.90 percent of GDP  
Sierra Leone recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2013. Government Budget in Sierra Leone is reported by the World Bank.
Sierra Leone GDP Annual Growth Rate at 20.00 Percent  
The Gross Domestic Product (GDP) in Sierra Leone expanded 20 percent in 2013 from the previous year. GDP Annual Growth Rate in Sierra Leone is reported by the Statistics Sierra Leone.
Sierra Leone Current Account at -1102.09 USD Million  
Sierra Leone recorded a Current Account deficit of 1102.09 USD Million in 2012. Current Account in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Balance of Trade at 71.15 USD Million  
Sierra Leone recorded a trade surplus of 71.15 USD Million in December of 2013. Balance of Trade in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Imports at 118.25 USD Million  
Imports in Sierra Leone decreased to 118.25 USD Million in December of 2013 from 124.46 USD Million in November of 2013. Imports in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Exports at 189.40 USD Million  
Exports in Sierra Leone decreased to 189.40 USD Million in December of 2013 from 219.53 USD Million in November of 2013. Exports in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Current Account to GDP at -44.00 Percent  
Sierra Leone recorded a Current Account deficit of 44 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Government Debt To GDP at 28.30 Percent  
Sierra Leone recorded a Government Debt to GDP of 28.30 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Sierra Leone is reported by the Bank of Sierra Leone.
Sierra Leone Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Sierra Leone stands at 30 percent. Corporate Tax Rate in Sierra Leone is reported by the Ministry of Finance and Economic Development.
MORE RELATED NEWS

LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News