Singapore vs Solomon Islands: Lending interest rate
Singapore
5.2%
in 2021
Solomon Islands
5.2%
in 2021
Singapore rank
119th
Solomon Islands rank
121st
Lending interest rate over time
- Singapore
- Solomon Islands
How they compare
Singapore currently reports 5.2% against 5.2% in Solomon Islands, a difference of 0.0%.
The two have swapped places 2 times across 41 shared years of data; in 1981 it was Singapore ahead.
Singapore ranks 119th and Solomon Islands ranks 121st of 148 countries.
Solomon Islands has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Singapore | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.4% | 13.8% | 5.4% | Solomon Islands |
| 1990s | 6.4% | 15.7% | 9.3% | Solomon Islands |
| 2000s | 5.4% | 9.4% | 4.0% | Solomon Islands |
| 2010s | 5.3% | 11.3% | 6.0% | Solomon Islands |
| 2020s | 5.2% | 7.9% | 2.7% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Singapore or Solomon Islands?
- Singapore, at 5.2% against 5.2% in Solomon Islands as of 2021.
- What is the difference in lending interest rate between Singapore and Solomon Islands?
- 0.0%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Solomon Islands?
- 41 years are reported by both, from 1981 to 2021.
- How do Singapore and Solomon Islands rank globally for lending interest rate?
- Singapore ranks 119th 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.