Solomon Islands Real Interest Rate
Real interest rate FR.INR.RINR
Solomon Islands's real interest rate was 5.80% in 2021, ranked 81st globally. This represents a 52.3% decrease from 2020. Data from World Bank, covering 1981–2021.
Overview
Solomon Islands's real interest rate stood at 5.80% in 2021, a decline of +6.37pp from 2020. Solomon Islands ranked 81st globally.
The Solomon Islands' real interest rate has fluctuated significantly over the past four decades, ranging from a high of 14.06% in 1989 to a low of -12.62% in 2003. The country's most recent real interest rate of 5.80% in 2021 places it at 81st globally. Notably, the Solomon Islands' real interest rate in 2021 is lower than that of peer countries such as Tonga, which had a rate of 5.60% during the same period. The country's high of 14.06% in 1989 was a peak that occurred during a period of economic growth in the region, whereas the low of -12.62% in 2003 coincided with a global economic downturn. The Solomon Islands' real interest rate has generally trended upward since the 1980s, indicating a shift towards a more stable economic environment. However, a decline in global economic growth or a shift in monetary policy could potentially alter the trajectory of the Solomon Islands' real interest rate.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 5.80% | −6.37pp | #81 |
| 2020 | 12.17% | +2.93pp | #91 |
| 2019 | 9.24% | +6.56pp | #90 |
| 2018 | 2.68% | −5.23pp | #38 |
| 2017 | 7.91% | −1.81pp | #95 |
| 2016 | 9.72% | +2.83pp | #96 |
| 2015 | 6.89% | −0.09pp | #73 |
| 2014 | 6.98% | −1.25pp | #75 |
| 2013 | 8.23% | +1.90pp | #88 |
| 2012 | 6.33% | −1.99pp | #82 |
| 2011 | 8.32% | −4.15pp | #107 |
| 2010 | 12.47% | +7.42pp | #121 |
| 2009 | 5.05% | +3.57pp | #46 |
| 2008 | 1.48% | +2.66pp | #54 |
| 2007 | -1.18% | −1.02pp | #18 |
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 real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Solomon Islands's real interest rate was 5.80% in 2021. Ranked 81st globally. This represents a 52.3% decrease from the previous year.
Solomon Islands's real interest rate peaked at 14.06% in 1989.
The lowest real interest rate in Solomon Islands was -12.62% in 2003.
Solomon Islands ranks 81st globally in real interest rate as of 2021.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Solomon Islands in 2021 was 5.80%. This ranks 81st in the world.
Cite this page
@misc{historysaid_solomon-islands_real-interest-rate,
title = {Solomon Islands Real Interest Rate},
url = {https://historysaid.com/solomon-islands/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}