Deposit Rate, Percent per annum in Solomon Islands
Solomon Islands: Deposit Rate, Percent per annum was 0.4076 in 2023. β Volatile
Deposit Rate, Percent per annum in Solomon Islands, 2010β2023
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.
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
- 128 Bahamas, The 0.5911 compare
- 129 Timor-Leste, Democratic Republic of 0.4647 compare
- 130 Israel 0.4356 compare
- 132 Macao Special Administrative Region, People's Republic of China 0.3216 compare
- 133 Japan 0.3207 compare
- 134 Brunei Darussalam 0.3137 compare
More financial sector data for Solomon Islands
- Net domestic credit (current LCU), per capita 2,921 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.51 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 6.66 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 518.65 million SDR (2024)
- Reserves excluding gold 521.87 million SDR (2024)
- Total reserves (gold at market value) 525.87 million SDR (2024)
- Total reserves (gold at national valuation) 522.34 million SDR (2024)
- Domestic credit to private sector by banks 21.5% (2024)
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.
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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.