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Prices & public finance · East Asia & Pacific · Lower-middle income
Solomon Islands: prices, money and public finance
Inflation is 3.4% (2025), 82nd of 180 in the world and 7th of 27 in East Asia & Pacific. GDP deflator is 5.0% (2025), 61st of 209 in the world and 8th of 36 in East Asia & Pacific. Lending rate is 5.2% (2021), 114th of 136 in the world and 16th of 24 in East Asia & Pacific.
Inflation
Solomon IslandsEast Asia & PacificLower-middle incomeWorld
GDP deflator
Solomon IslandsEast Asia & PacificLower-middle incomeWorld
13 indicators
Prices & public finance: Solomon Islands in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 3.4%2025 | 82/180 | 7/27 | 7.9% | 1.1% | 3.0% | +3.9 ppsince 2015 | 2.0% | 3.6% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 5.0%2025 | 61/209 | 8/36 | 5.6% | 1.7% | -1.3% | +1.6 ppsince 2015 | 2.5% | 5.0% | 3.3% | |
| Lending rateLending interest rate, % | 5.2%2021 | 114/136 | 16/24 | 10.3% | 14.4% | 10.7% | −8.0 ppsince 2011 | — | — | — | |
| Real interest rateReal interest rate, % | 5.8%2021 | 58/136 | 10/24 | 4.5% | 12.5% | 12.2% | −2.5 ppsince 2011 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 8.332025 | 109/210 | 14/36 | 5.09 | 8.06 | 8.21 | +5.2%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 23.3%2024 | 25/142 | 6/25 | · | 25.2%2011 | 21.1% | −2.3 ppsince 2014 | 10.8% | 12.1% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 25.4%2024 | 74/142 | 13/25 | · | 27.5%2011 | 24.6% | −3.8 ppsince 2014 | 17.6% | 14.2% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 28.9%2022 | 58/142 | 9/25 | · | 25.0%2011 | 31.9% | +3.6 ppsince 2012 | — | 15.7% | 28.5% | |
| Government debtCentral government debt, % of GDP | 26.0%2024 | 65/78 | 17/17 | · | 13.9%2011 | 11.5% | +17.3 ppsince 2014 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 33.8%2024 | 83/119 | 10/16 | 37.6% | 27.0% | 20.5% | +19.6 ppsince 2014 | — | 30.1% | — | |
| Private creditDomestic credit to private sector, % of GDP | 31.5%2025 | 107/169 | 22/25 | 16.6% | 20.5% | 32.6% | −1.5 ppsince 2015 | 175.5% | 38.7% | 140.3% | |
| Broad moneyBroad money, % of GDP | 54.9%2025 | 82/146 | 21/24 | 21.7% | 28.6% | 42.9% | +14.5 ppsince 2015 | 211.5% | 67.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 8.92024 | 20/165 | 7/24 | 2.2 | 5.2 | 13.7 | +11%since 2014 | 11.1 | 7.7 | 8.6 |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+11%8.9 in 2024
Worse than ten years ago
- Inflation+3.9 pp3.4% in 2025
- Government debt+17.3 pp26.0% in 2024
- External debt+19.6 pp33.8% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Solomon Islands and its neighbours
Countries sharing a land border with Solomon Islands. Latest values since 2005; the highest in each row is marked.
| Indicator | Solomon Islands | France | Australia | Papua New Guinea | Fiji | Vanuatu |
|---|---|---|---|---|---|---|
| Inflation | 3.4%2025 | 0.9%2025 | 2.9%2025 | 4.4%2025 | -1.4%2025 | 0.7%2025 |
| GDP deflator | 5.0%2025 | 1.2%2025 | 2.3%2025 | 6.9%2025 | 2.0%2025 | 2.2%2025 |
| Lending rate | 5.2%2021 | — | 5.1%2019 | 8.3%2024 | 4.6%2024 | 8.4%2025 |
| Real interest rate | 5.8%2021 | — | 1.6%2019 | 4.9%2024 | -1.5%2024 | 6.1%2025 |
| Exchange rate | 8.332025 | 0.882025 | 1.552025 | 4.122025 | 2.302025 | 120.322025 |
| Tax revenue | 23.3%2024 | 22.8%2024 | 23.6%2022 | 15.5%2024 | 23.9%2024 | 16.5%2023 |
| Government revenue | 25.4%2024 | 42.1%2024 | 26.1%2022 | 16.6%2024 | 26.6%2024 | 24.2%2023 |
| Government expense | 28.9%2022 | 47.3%2023 | 27.6%2022 | 20.3%2023 | 27.8%2023 | 26.6%2023 |
| Government debt | 26.0%2024 | — | 57.9%2022 | 52.0%2024 | — | 67.9%2023 |