World Bank · Financial Sector

Solomon Islands: Real interest rate

5.80percent · 2021-30.3% since 2011

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The 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. This indicator is expressed as a percentage (a÷b)*100. Annual figures for Solomon Islands from 1981 to 2021.