India vs Solomon Islands: Real interest rate
Real interest rate over time
- India
- Solomon Islands
How they compare
Solomon Islands currently reports 5.8% against 5.6% in India, a difference of 0.2%.
The two have swapped places 13 times across 41 shared years of data; in 1981 it was India ahead.
India ranks 64th and Solomon Islands ranks 62nd of 148 countries.
Across the 5 decades both report, India averaged higher in 3 and Solomon Islands in 2.
Head to head by decade
| Decade | India | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 7.5% | 3.6% | 3.9% | India |
| 1990s | 6.3% | 1.3% | 5.1% | India |
| 2000s | 5.9% | 0.1% | 5.8% | India |
| 2010s | 4.4% | 7.9% | 3.5% | Solomon Islands |
| 2020s | 2.2% | 9.0% | 6.8% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, India or Solomon Islands?
- Solomon Islands, at 5.8% against 5.6% in India as of 2021.
- What is the difference in real interest rate between India and Solomon Islands?
- 0.2%, with Solomon Islands ahead.
- How many years of comparable data are there for India and Solomon Islands?
- 41 years are reported by both, from 1981 to 2021.
- How do India and Solomon Islands rank globally for real interest rate?
- India ranks 64th and Solomon Islands ranks 62nd of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.