Lending interest rate — all countries

Lending interest rate — Solomon Islands

Lending interest rate in the Solomon Islands in 2021 — 5.18%. Ranked 21 in the world out of 109. Since 1981, the indicator has fallen by 3.82 pp.

2021 5.18% −5.51 pp vs 2020
World rank 21of 109
Period maximum 19.46%1991
Period minimum 5.18%2021

Trend over time

1981–2021 · % per annum

Lending interest rate — Solomon Islands, 1981–202105101520198119851989199319972001200520092013201720211981: 9%1982: 10.58%1983: 11.5%1984: 12%1985: 12.83%1986: 15.13%1987: 17.33%1988: 18%1989: 18%1990: 18%1991: 19.46%1992: 16.56%1993: 15.79%1994: 14.5%1995: 14.5%1996: 15.44%1997: 14.67%1998: 14%1999: 14.04%2000: 10.33%2001: 10%2002: 10%2003: 10%2004: 10%2005: 9.25%2006: 8.17%2007: 8%2008: 8%2009: 10.17%2010: 14.43%2011: 13.17%2012: 11.28%2013: 10.77%2014: 10.91%2015: 10.48%2016: 10.1%2017: 10.69%2018: 10.75%2019: 10.6%2020: 10.68%2021: 5.18%
Change over the period: −3.82 pp Annual average: -0.1 pp
Lending interest rate — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2021 5.18 −5.51 pp
2020 10.68 +0.09 pp
2019 10.6 −0.15 pp
2018 10.75 +0.05 pp
2017 10.69 +0.59 pp
2016 10.1 −0.38 pp
2015 10.48 −0.43 pp
2014 10.91 +0.14 pp
2013 10.77 −0.5 pp
2012 11.28 −1.9 pp
2011 13.17 −1.26 pp
2010 14.43 +4.27 pp
2009 10.17 +2.17 pp
2008 8 +0 pp
2007 8 −0.17 pp
2006 8.17 −1.08 pp
2005 9.25 −0.75 pp
2004 10 +0 pp
2003 10 +0 pp
2002 10 +0 pp
2001 10 −0.33 pp
2000 10.33 −3.71 pp
1999 14.04 +0.04 pp
1998 14 −0.67 pp
1997 14.67 −0.77 pp
1996 15.44 +0.94 pp
1995 14.5 +0 pp
1994 14.5 −1.29 pp
1993 15.79 −0.77 pp
1992 16.56 −2.9 pp
1991 19.46 +1.46 pp
1990 18 +0 pp
1989 18 +0 pp
1988 18 +0.67 pp
1987 17.33 +2.21 pp
1986 15.13 +2.29 pp
1985 12.83 +0.83 pp
1984 12 +0.5 pp
1983 11.5 +0.92 pp
1982 10.58 +1.58 pp
1981 9

Melanesia, 2021

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

Source: World Economic Outlook (IMF), license IMF open data.