Lending interest rate in Solomon Islands
Solomon Islands: Lending interest rate was 5.2% in 2021. ▼ Falling
Lending interest rate in Solomon Islands, 1981–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Solomon Islands recorded 5.2% for lending interest rate in 2021. That is the lowest value across all 41 years on record.
That represents a change of down 51.5% on the previous year and down 60.7% over ten years.
Over the whole period, lending interest rate in Solomon Islands peaked at 19.5% in 1991 and was at its lowest, 5.2%, in 2021.
That places Solomon Islands 121st out of 148 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.8% | 9.0% | 18.0% | 9 |
| 1990s | 15.7% | 14.0% | 19.5% | 10 |
| 2000s | 9.4% | 8.0% | 10.3% | 10 |
| 2010s | 11.3% | 10.1% | 14.4% | 10 |
| 2020s | 7.9% | 5.2% | 10.7% | 2 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Net migration 1,631 (2025)
- Total reserves in months of imports 8.9 (2024)
- Net domestic credit 2.39 billion current LCU (2024)
- Domestic credit to private sector by banks 21.5% (2024)
- Net foreign assets 5.65 billion current LCU (2024)
- Claims on central government, etc. 0.8% (2024)
- Monetary Sector credit to private sector 21.7% (2024)
- Domestic credit to private sector 33.7% (2024)
- Broad money 47.8% (2024)
- Official exchange rate 8.33 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Solomon Islands?
- Lending interest rate in Solomon Islands was 5.2% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Solomon Islands?
- The highest recorded value was 19.5% in 1991.
- What is the lowest lending interest rate recorded in Solomon Islands?
- The lowest recorded value was 5.2% in 2021.
- How does Solomon Islands rank for lending interest rate?
- Solomon Islands ranks 121st out of 148 countries with data for 2021.
- Is lending interest rate rising or falling in Solomon Islands?
- Over the last ten years it is down 60.7%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.