Kenya vs Solomon Islands: Interest rate spread
Kenya
4.6%
in 2024
Solomon Islands
4.7%
in 2021
Kenya rank
80th
Solomon Islands rank
79th
Interest rate spread over time
- Kenya
- Solomon Islands
How they compare
Solomon Islands currently reports 4.7% against 4.6% in Kenya, a difference of 0.1%.
The two have swapped places 1 time across 12 shared years of data; in 2010 it was Solomon Islands ahead.
Kenya ranks 80th and Solomon Islands ranks 79th of 141 countries.
Solomon Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.5% | 10.5% | 3.0% | Solomon Islands |
| 2020s | 5.2% | 7.4% | 2.2% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Kenya or Solomon Islands?
- Solomon Islands, at 4.7% against 4.6% in Kenya as of 2021.
- What is the difference in interest rate spread between Kenya and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Kenya and Solomon Islands?
- 12 years are reported by both, from 2010 to 2021.
- How do Kenya and Solomon Islands rank globally for interest rate spread?
- Kenya ranks 80th and Solomon Islands ranks 79th of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.