
Solomon Islands: Real interest rate
* indicates monthly or quarterly data series
Solomon Islands |
Real interest rate: Bank lending rate minus inflation |
---|---|
Latest value | 1.09 |
Reference | 2021 |
Measure | percent |
Source | The International Monetary Fund |
For that indicator, we provide data for the Solomon Islands from 1981 to 2021. The average value for the Solomon Islands during that period was 3.36 percent with a minimum of -12.62 percent in 2003 and a maximum of 14.06 percent in 1989.
The latest value from 2021 is 1.09 percent. For comparison, the world average in 2021 based on 102
countries is 2.09 percent.
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use the country comparator to compare trends over time.
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Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.