Solomon Islands Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Solomon Islands's interest rate spread was 4.71% in 2021, ranked 42nd globally. This represents a 53.7% decrease from 2020. Data from World Bank, covering 2010–2021.
Overview
Solomon Islands's interest rate spread stood at 4.71% in 2021, a decline of +5.47pp from 2020. Solomon Islands ranked 42nd globally.
The Solomon Islands' interest rate spread has shown a notable decline over the past decade, from its all-time peak of 11.17% in 2011 to a current level of 4.71%, as of 2021. This reduction in the gap between lending and deposit rates indicates a more stable financial environment, improving access to credit for businesses and households. The country's ranking has risen to 42 globally, approaching that of peer countries such as Aruba, which also reported a 4.70% interest rate spread in 2021. In comparison, the Solomon Islands' interest rate spread has narrowed by over 6 percentage points since 2011, a significant improvement. However, the ongoing impact of global economic conditions and domestic policies will be crucial in determining the trajectory of the interest rate spread. A potential shift in monetary policy or economic growth could alter this trend, potentially widening or narrowing the interest rate spread in the future.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 4.71% | −5.47pp | #42 |
| 2020 | 10.19% | −0.06pp | #90 |
| 2019 | 10.25% | −0.16pp | #92 |
| 2018 | 10.41% | +0.02pp | #95 |
| 2017 | 10.39% | +0.50pp | #106 |
| 2016 | 9.89% | −0.28pp | #102 |
| 2015 | 10.17% | −0.49pp | #105 |
| 2014 | 10.66% | +0.18pp | #108 |
| 2013 | 10.48% | +0.06pp | #110 |
| 2012 | 10.42% | −0.76pp | #108 |
| 2011 | 11.17% | +0.03pp | #108 |
| 2010 | 11.15% | – | #106 |
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 interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Solomon Islands's interest rate spread was 4.71% in 2021. Ranked 42nd globally. This represents a 53.7% decrease from the previous year.
Solomon Islands's interest rate spread peaked at 11.17% in 2011.
The lowest interest rate spread in Solomon Islands was 4.71% in 2021.
Solomon Islands ranks 42nd globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Solomon Islands in 2021 was 4.71%. This ranks 42nd in the world.
Cite this page
@misc{historysaid_solomon-islands_interest-rate-spread,
title = {Solomon Islands Interest Rate Spread},
url = {https://historysaid.com/solomon-islands/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}