Deposit Rate, Percent per annum in Solomon Islands
Solomon Islands: Deposit Rate, Percent per annum was 0.4076 in 2023. ◆ Volatile
Deposit Rate, Percent per annum in Solomon Islands, 2010–2023
Source: International Monetary Fund.
Analysis
In 2023, deposit rate, percent per annum in Solomon Islands stood at 0.4076.
That represents a change of down 10.3% on the previous year and up 39.0% over ten years.
Over the whole period, deposit rate, percent per annum in Solomon Islands peaked at 3.29 in 2010 and was at its lowest, 0.2097, in 2016.
Solomon Islands ranks 131st of 143 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 3.29 | — |
| 2011 | 2 | -39.2% |
| 2012 | 0.8608 | -56.9% |
| 2013 | 0.2933 | -65.9% |
| 2014 | 0.2467 | -15.9% |
| 2015 | 0.3067 | +24.3% |
| 2016 | 0.2097 | -31.6% |
| 2017 | 0.3063 | +46.0% |
| 2018 | 0.3406 | +11.2% |
| 2019 | 0.3473 | +2.0% |
| 2020 | 0.4956 | +42.7% |
| 2021 | 0.4627 | -6.6% |
| 2022 | 0.4546 | -1.7% |
| 2023 | 0.4076 | -10.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.4076 is below the median for lower middle income countries, which is 5.24, 8% of the median. (40 countries reporting)
- Solomon Islands's 0.4076 is below the median for East Asia & Pacific, which is 1.51, 27% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8199 | 0.2097 | 3.29 | 10 |
| 2020s | 0.4551 | 0.4076 | 0.4956 | 4 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.76 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Solomon Islands?
- Deposit rate, percent per annum in Solomon Islands was 0.4076 in 2023, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Solomon Islands?
- The highest recorded value was 3.29 in 2010.
- What is the lowest deposit rate, percent per annum recorded in Solomon Islands?
- The lowest recorded value was 0.2097 in 2016.
- How does Solomon Islands rank for deposit rate, percent per annum?
- Solomon Islands ranks 131st out of 143 countries with data for 2023.
- Is deposit rate, percent per annum rising or falling in Solomon Islands?
- Over the last ten years it is up 39.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.