Real interest rate in Solomon Islands
Solomon Islands: Real interest rate was 5.8% in 2021. ◆ Volatile
Real interest rate in Solomon Islands, 1981–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, real interest rate in Solomon Islands stood at 5.8%.
Compared with earlier readings it is down 52.3% on the previous year and down 30.3% over ten years.
Over the whole period, real interest rate in Solomon Islands peaked at 14.1% in 1989 and was at its lowest, -12.6%, in 2003.
Solomon Islands ranks 62nd of 148 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.6% | -3.7% | 14.1% | 9 |
| 1990s | 1.3% | -12.0% | 11.4% | 10 |
| 2000s | 0.1% | -12.6% | 6.0% | 10 |
| 2010s | 7.9% | 2.7% | 12.5% | 10 |
| 2020s | 9.0% | 5.8% | 12.2% | 2 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Domestic credit to private sector 33.7% (2024)
- Net domestic credit 2.39 billion current LCU (2024)
- Total reserves in months of imports 8.9 (2024)
- Net foreign assets 5.65 billion current LCU (2024)
- Domestic credit to private sector by banks 21.5% (2024)
- Claims on central government, etc. 0.8% (2024)
- Monetary Sector credit to private sector 21.7% (2024)
- Broad money 47.8% (2024)
- Official exchange rate 8.33 LCU per US$, period average (2025)
- Net migration 1,631 (2025)
Frequently asked questions
- What is real interest rate in Solomon Islands?
- Real interest rate in Solomon Islands was 5.8% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Solomon Islands?
- The highest recorded value was 14.1% in 1989.
- What is the lowest real interest rate recorded in Solomon Islands?
- The lowest recorded value was -12.6% in 2003.
- How does Solomon Islands rank for real interest rate?
- Solomon Islands ranks 62nd out of 148 countries with data for 2021.
- Is real interest rate rising or falling in Solomon Islands?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.