Policy Interest Rate in Solomon Islands
The policy interest rate ended 2021 at 5.18%, compared to the end-2020 value of 10.68% and the figure a decade earlier of 13.17%. It averaged 10.42% over the last decade. For more interest rate information, visit our dedicated page.
Solomon Islands Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Solomon Islands from 2021 to 2012.
Source: Macrobond.
Solomon Islands Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Policy Rate (%, eop) | 10.60 | 10.68 | 5.18 | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Solomon Islander interest rate projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Solomon Islander interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Solomon Islander interest rate projections.
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