Solomon Islands Deposit Rate
Deposit interest rate FR.INR.DPST
Solomon Islands's deposit rate was 0.47% in 2025, ranked 92nd globally. This represents a 14.2% increase from 2024. Data from World Bank, covering 2010–2025.
Overview
Solomon Islands's deposit rate stood at 0.47% in 2025, a rise of +0.06pp from 2023. Based on recent trends, this figure is projected to reach 0.47% by 2025. Solomon Islands ranked 92nd globally.
The Solomon Islands' deposit rate has experienced a significant decline over the past 15 years, from its all-time peak of 3.29% in 2010 to a low of 0.21% in 2016, with a brief recovery to its current level of 0.47% in 2025. This trend mirrors that of its peer, Vanuatu, which shares a similar deposit rate of 0.47%. The decline in deposit rates can be attributed to various factors, including changes in monetary policy and economic conditions. The Solomon Islands' deposit rate has consistently ranked lower than many of its regional counterparts, such as Brunei Darussalam, which has maintained a deposit rate of 0.33%. To reverse this trend, the Solomon Islands may need to implement policies that stimulate economic growth and increase interest rates, potentially by improving fiscal discipline and investing in key sectors.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 0.47% | - | - |
| 2025* trend | 0.47% | - | - |
| 2025 | 0.47% | +0.06pp | #92 |
| 2023 | 0.41% | −0.05pp | #7 |
| 2022 | 0.45% | −0.01pp | #12 |
| 2021 | 0.46% | −0.03pp | #16 |
| 2020 | 0.50% | +0.15pp | #15 |
| 2019 | 0.35% | +0.01pp | #10 |
| 2018 | 0.34% | +0.03pp | #11 |
| 2017 | 0.31% | +0.10pp | #10 |
| 2016 | 0.21% | −0.10pp | #7 |
| 2015 | 0.31% | +0.06pp | #6 |
| 2014 | 0.25% | −0.05pp | #5 |
| 2013 | 0.29% | −0.57pp | #6 |
| 2012 | 0.86% | −1.14pp | #12 |
| 2011 | 2.00% | −1.29pp | #27 |
| 2010 | 3.29% | – | #56 |
Detected Pattern
Analysis
Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Solomon Islands's deposit rate was 0.47% in 2025. Ranked 92nd globally. This represents a 14.2% increase from the previous year.
Solomon Islands's deposit rate peaked at 3.29% in 2010.
The lowest deposit rate in Solomon Islands was 0.21% in 2016.
Solomon Islands ranks 92nd globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Solomon Islands's deposit rate is projected to reach 0.47% by 2025 based on trend extrapolation.
The deposit rate of Solomon Islands in 2025 was 0.47%. This ranks 92nd in the world.
Cite this page
@misc{historysaid_solomon-islands_deposit-rate,
title = {Solomon Islands Deposit Rate},
url = {https://historysaid.com/solomon-islands/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}