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

Special Advertisement

The Board of the Central Bank of Samoa invites applications for the position of:

REQUEST FOR PROPOSALS

The Central Bank of Sāmoa (“CBS”) invites proposals from Local & International Audit Firms to undertake the financial audit of the Bank for the financial years ending 30th June 2024, 2025 & 2026.

Public and Stakeholder Consultation for the Credit Registry Bill

The Central Bank of Samoa is pleased to announce the public consultation phase for the Credit Registry Bill, an essential legislative proposal aimed at enhancing the transparency and efficiency of credit reporting in Samoa.

Key Statistics

September 2023

Official Interest Rate 0.21%
Commercial Banks Lending rates 8.32%
Commercial Banks Deposit rates 1.84%
Headline Inflation Rate 9.1%
Official International Reserves SAT$1,138.1M
Import Cover (Good only) 11.5months

Real GDP

2018/19 SAT$2,191M (+4.5%)
2019/20 SAT$2,123M (-3.1%)
2020/21 SAT$1,972M (-7.1%)
2021/22 SAT$1,868M (-5.3%)

2022/23 SAT$2,017M(+8.0%)

Nominal GDP

2018/19 SAT$2,390M (+6.0%)
2019/20 SAT$2,344M (- 1.9%)
2020/21 SAT$2,169M (- 7.5%)
2021/22 SAT$2,169M (- 0.2%)
2022/23 SAT$2,551M (+17.6%)

Nominal GDP Per Capita
2018/19 SAT$11,947per person
2019/20 SAT$11,625per person
2020/21 SAT$10,633 per person
2021/22 SAT$10,507 per person
2022/23 SAT$12,175 per person

Daily Exchange Rates

Tuesday 05 December 2023

Midrate:
SAT/USD - 0.36499 Per SAT $1
Commercial Banks Outer Limit T/T per SAT$1
SAT/USD:
Sell - 0.35649 Buy - 0.37349