Australia vs Solomon Islands: Lending interest rate
Australia
5.1%
in 2019
Solomon Islands
5.2%
in 2021
Australia rank
123rd
Solomon Islands rank
121st
Lending interest rate over time
- Australia
- Solomon Islands
How they compare
Solomon Islands currently reports 5.2% against 5.1% in Australia, a difference of 0.1%.
The two have swapped places 3 times across 39 shared years of data; in 1981 it was Australia ahead.
Australia ranks 123rd and Solomon Islands ranks 121st of 148 countries.
Solomon Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 13.6% | 13.8% | 0.3% | Solomon Islands |
| 1990s | 10.0% | 15.7% | 5.7% | Solomon Islands |
| 2000s | 7.3% | 9.4% | 2.1% | Solomon Islands |
| 2010s | 6.1% | 11.3% | 5.2% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Australia or Solomon Islands?
- Solomon Islands, at 5.2% against 5.1% in Australia as of 2021.
- What is the difference in lending interest rate between Australia and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Australia and Solomon Islands?
- 39 years are reported by both, from 1981 to 2019.
- How do Australia and Solomon Islands rank globally for lending interest rate?
- Australia ranks 123rd and Solomon Islands ranks 121st of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.