Welcome to the Central Bank of Samoa

The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a bank to the Government and the commercial banks.

What's New

Conclusion of AML/CFT Onsite Inspections for all 4 Commercial Banks in Samoa

1.The Central Bank of Samoa through its Financial Intelligence Unit (FIU) has completed the Anti-Money Laundering and Countering Terrorist Financing (AML and CTF) Onsite Inspections of our 4 Commercial Banks from the beginning to the end of October 2021. The 4 commercial banks are the two international ones – ANZ Bank (Samoa) Limited and BSP Bank. The two local commercial banks are National Bank of Samoa and Samoa Commercial Bank.

Request for Proposals - Central Bank of Samoa Ululoloa Offsite Construction Works

The Central Bank of Samoa (“CBS”) invites proposals from interested Tenderers for the construction of an Offsite Building at its Ululoloa Compound.

CBS Press Release on Progressive Insurance Matter - Call for all claims

To ALL Former Policy Holders – Progressive Insurance:

Key Statistics

September 2021

Official Interest Rate 0.15%
Commercial Banks Lending rates 8.49%
Commercial Banks Deposit rates 1.93%
Headline Inflation Rate -0.8%
Official International Resv SAT$774.4M
Import Cover (Good only) 11.2 months

Real GDP
2016/17 SAT$2,019M (+1.0%)
2017/18 SAT$1,994M (-1.2%)
2018/19 SAT$2,082M (+4.4%)
2019/20 SAT$2,028M (-2.6%)
2020/21 SAT$1,864M (-8.1%)

Nominal GDP

2016/17 SAT$2,110M (+1.0%)
2017/18 SAT$2,108M (- 0.1%)
2018/19 SAT$2,231M (+5.8%)
2019/20 SAT$2,177M (- 2.4%)
2020/21 SAT$2,027M (-6.9%)

Nominal GDP Per Capita
2016/17 SAT$10,721 per person
2017/18 SAT$10,623 per person
2018/19 SAT$11,150 per person
2019/20 SAT$10,798 per person
2020/21 SAT$9,968 per person

Daily Exchange Rates

Wednesday 08 November 2021

Midrate:
SAT/USD - 0.38156 Per SAT$1

Comm Banks Outer Limit T/T per SAT$1
SAT/USD:
Sell - 0.37306 Buy - 0.39006

September 2021

Official Interest Rate 0.15%
Commercial Banks Lending rates 8.49%
Commercial Banks Deposit rates 1.93%
Headline Inflation Rate -0.8%
Official International Resv SAT$774.4M
Import Cover (Good only) 11.2 months

Real GDP
2016/17 SAT$2,019M (+1.0%)
2017/18 SAT$1,994M (-1.2%)
2018/19 SAT$2,082M (+4.4%)
2019/20 SAT$2,028M (-2.6%)
2020/21 SAT$1,864M (-8.1%)

Nominal GDP

2016/17 SAT$2,110M (+1.0%)
2017/18 SAT$2,108M (- 0.1%)
2018/19 SAT$2,231M (+5.8%)
2019/20 SAT$2,177M (- 2.4%)
2020/21 SAT$2,027M (-6.9%)

Nominal GDP Per Capita
2016/17 SAT$10,721 per person
2017/18 SAT$10,623 per person
2018/19 SAT$11,150 per person
2019/20 SAT$10,798 per person
2020/21 SAT$9,968 per person