Lending Rate, Percent per annum in Solomon Islands
Solomon Islands: Lending Rate, Percent per annum was 5.18 in 2021. ▼ Falling
Lending Rate, Percent per annum in Solomon Islands, 1981–2021
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Solomon Islands is 5.18, measured in 2021. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 51.5% on the previous year and down 60.7% over ten years.
Over the whole period, lending rate, percent per annum in Solomon Islands peaked at 19.46 in 1991 and was at its lowest, 5.18, in 2021.
That places Solomon Islands 121st out of 144 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Lending Rate, Percent per annum in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 9 | — |
| 1982 | 10.58 | +17.6% |
| 1983 | 11.5 | +8.7% |
| 1984 | 12 | +4.3% |
| 1985 | 12.83 | +6.9% |
| 1986 | 15.12 | +17.9% |
| 1987 | 17.33 | +14.6% |
| 1988 | 18 | +3.8% |
| 1989 | 18 | +0.0% |
| 1990 | 18 | +0.0% |
| 1991 | 19.46 | +8.1% |
| 1992 | 16.56 | -14.9% |
| 1993 | 15.79 | -4.7% |
| 1994 | 14.5 | -8.2% |
| 1995 | 14.5 | +0.0% |
| 1996 | 15.44 | +6.5% |
| 1997 | 14.67 | -5.0% |
| 1998 | 14 | -4.5% |
| 1999 | 14.04 | +0.3% |
| 2000 | 10.33 | -26.4% |
| 2001 | 10 | -3.2% |
| 2002 | 10 | +0.0% |
| 2003 | 10 | +0.0% |
| 2004 | 10 | +0.0% |
| 2005 | 9.25 | -7.5% |
| 2006 | 8.17 | -11.7% |
| 2007 | 8 | -2.0% |
| 2008 | 8 | +0.0% |
| 2009 | 10.17 | +27.1% |
| 2010 | 14.43 | +42.0% |
| 2011 | 13.17 | -8.7% |
| 2012 | 11.28 | -14.4% |
| 2013 | 10.77 | -4.5% |
| 2014 | 10.91 | +1.3% |
| 2015 | 10.48 | -4.0% |
| 2016 | 10.1 | -3.6% |
| 2017 | 10.69 | +5.9% |
| 2018 | 10.75 | +0.5% |
| 2019 | 10.6 | -1.4% |
| 2020 | 10.68 | +0.8% |
| 2021 | 5.18 | -51.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 5.18 is below the median for lower middle income countries, which is 11.63, 45% of the median. (38 countries reporting)
- Solomon Islands's 5.18 is below the median for East Asia & Pacific, which is 5.48, 95% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Lending Rate, Percent per annum in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -51.6% | 10.68 | 5.18 |
| 2010 | +42.0% | 10.17 | 14.43 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.82 | 9 | 18 | 9 |
| 1990s | 15.7 | 14 | 19.46 | 10 |
| 2000s | 9.39 | 8 | 10.33 | 10 |
| 2010s | 11.32 | 10.1 | 14.43 | 10 |
| 2020s | 7.93 | 5.18 | 10.68 | 2 |
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 lending rate, percent per annum in Solomon Islands?
- Lending rate, percent per annum in Solomon Islands was 5.18 in 2021, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Solomon Islands?
- The highest recorded value was 19.46 in 1991.
- What is the lowest lending rate, percent per annum recorded in Solomon Islands?
- The lowest recorded value was 5.18 in 2021.
- How does Solomon Islands rank for lending rate, percent per annum?
- Solomon Islands ranks 121st out of 144 countries with data for 2021.
- Is lending rate, percent per annum rising or falling in Solomon Islands?
- Over the last ten years it is down 60.7%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Lending 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.