Deposit interest rate in the Solomon Islands in 2023 — 0.41%. Ranked 89 in the world out of 95. Since 2010, the indicator has fallen by 2.88 pp.
2010–2023 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2023 | 0.41 | −0.05 pp |
| 2022 | 0.45 | −0.01 pp |
| 2021 | 0.46 | −0.03 pp |
| 2020 | 0.5 | +0.15 pp |
| 2019 | 0.35 | +0.01 pp |
| 2018 | 0.34 | +0.03 pp |
| 2017 | 0.31 | +0.1 pp |
| 2016 | 0.21 | −0.1 pp |
| 2015 | 0.31 | +0.06 pp |
| 2014 | 0.25 | −0.05 pp |
| 2013 | 0.29 | −0.57 pp |
| 2012 | 0.86 | −1.14 pp |
| 2011 | 2 | −1.29 pp |
| 2010 | 3.29 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
