Lending Rate, Percent per annum in Solomon Islands
Solomon Islands: Lending Rate, Percent per annum was 5.18 in 2021. βΌ Falling
Lending Rate, Percent per annum in Solomon Islands, 1981β2021
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.
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
- Domestic credit to private sector by banks 21.5% (2024)
- Total reserves in months of imports 8.9 (2024)
- Net domestic credit 2.39 billion current LCU (2024)
- Net foreign assets 5.65 billion current LCU (2024)
- Monetary Sector credit to private sector 21.7% (2024)
- Broad money 47.8% (2024)
- Claims on central government, etc. 0.8% (2024)
- Domestic credit to private sector 33.7% (2024)
- Official exchange rate 8.33 LCU per US$, period average (2025)
- Net migration 1,631 (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.
Download this data
CSV Β· JSON β 41 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.