Real interest rate — all countries

Real interest rate — Solomon Islands

Real interest rate in the Solomon Islands in 2021 — 5.8%. Ranked 30 in the world out of 109. Since 1981, the indicator has risen by 9.47 pp.

2021 5.8% −6.37 pp vs 2020
World rank 30of 109
Period maximum 14.06%1989
Period minimum -12.62%2003

Trend over time

1981–2021 · % per annum

Real interest rate — Solomon Islands, 1981–2021-20-1001020198119851989199319972001200520092013201720211981: -3.66%1982: -2.14%1983: 4.25%1984: 0.97%1985: 3.13%1986: 9.54%1987: 5.24%1988: 1.02%1989: 14.06%1990: -12.01%1991: 11.39%1992: 3.01%1993: -1.05%1994: -10.5%1995: 4.53%1996: 2.99%1997: 5.71%1998: 2.56%1999: 5.91%2000: 4.52%2001: 0.08%2002: -1.15%2003: -12.62%2004: 6.01%2005: -1.31%2006: -0.16%2007: -1.18%2008: 1.48%2009: 5.05%2010: 12.47%2011: 8.32%2012: 6.33%2013: 8.23%2014: 6.98%2015: 6.89%2016: 9.72%2017: 7.91%2018: 2.68%2019: 9.24%2020: 12.17%2021: 5.8%
Change over the period: +9.47 pp Annual average: 0.24 pp
Real interest rate — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2021 5.8 −6.37 pp
2020 12.17 +2.93 pp
2019 9.24 +6.56 pp
2018 2.68 −5.23 pp
2017 7.91 −1.81 pp
2016 9.72 +2.83 pp
2015 6.89 −0.09 pp
2014 6.98 −1.25 pp
2013 8.23 +1.9 pp
2012 6.33 −1.99 pp
2011 8.32 −4.15 pp
2010 12.47 +7.42 pp
2009 5.05 +3.57 pp
2008 1.48 +2.66 pp
2007 -1.18 −1.02 pp
2006 -0.16 +1.15 pp
2005 -1.31 −7.32 pp
2004 6.01 +18.63 pp
2003 -12.62 −11.47 pp
2002 -1.15 −1.23 pp
2001 0.08 −4.44 pp
2000 4.52 −1.39 pp
1999 5.91 +3.35 pp
1998 2.56 −3.15 pp
1997 5.71 +2.72 pp
1996 2.99 −1.54 pp
1995 4.53 +15.03 pp
1994 -10.5 −9.45 pp
1993 -1.05 −4.06 pp
1992 3.01 −8.38 pp
1991 11.39 +23.4 pp
1990 -12.01 −26.07 pp
1989 14.06 +13.04 pp
1988 1.02 −4.22 pp
1987 5.24 −4.3 pp
1986 9.54 +6.41 pp
1985 3.13 +2.16 pp
1984 0.97 −3.28 pp
1983 4.25 +6.39 pp
1982 -2.14 +1.53 pp
1981 -3.66

Melanesia, 2021

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

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

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