Bank nonperforming loans to total gross loans in Solomon Islands
Solomon Islands: Bank nonperforming loans to total gross loans was 11.6% in 2024. ▲ Rising
Bank nonperforming loans to total gross loans in Solomon Islands, 2010–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Solomon Islands recorded 11.6% for bank nonperforming loans to total gross loans in 2024. That is the highest value across all 15 years on record.
That represents a change of up 23.1% on the previous year and up 146.7% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Solomon Islands peaked at 11.6% in 2024 and was at its lowest, 3.6%, in 2012.
That places Solomon Islands 20th out of 151 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Bank nonperforming loans to total gross loans in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 9.3% | — |
| 2011 | 5.7% | -38.2% |
| 2012 | 3.6% | -37.6% |
| 2013 | 7.0% | +96.6% |
| 2014 | 4.7% | -33.3% |
| 2015 | 4.1% | -11.8% |
| 2016 | 3.8% | -7.0% |
| 2017 | 6.4% | +65.6% |
| 2018 | 7.1% | +11.8% |
| 2019 | 10.4% | +46.2% |
| 2020 | 10.7% | +3.2% |
| 2021 | 10.4% | -2.8% |
| 2022 | 9.5% | -8.8% |
| 2023 | 9.4% | -1.3% |
| 2024 | 11.6% | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.2% | 3.6% | 10.4% | 10 |
| 2020s | 10.3% | 9.4% | 11.6% | 5 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Net domestic credit (current LCU), per capita 2,921 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.51 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 6.66 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 518.65 million SDR (2024)
- Reserves excluding gold 521.87 million SDR (2024)
- Total reserves (gold at market value) 525.87 million SDR (2024)
- Total reserves (gold at national valuation) 522.34 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 637.63 SDR per person (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Solomon Islands?
- Bank nonperforming loans to total gross loans in Solomon Islands was 11.6% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Solomon Islands?
- The highest recorded value was 11.6% in 2024.
- What is the lowest bank nonperforming loans to total gross loans recorded in Solomon Islands?
- The lowest recorded value was 3.6% in 2012.
- How does Solomon Islands rank for bank nonperforming loans to total gross loans?
- Solomon Islands ranks 20th out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Solomon Islands?
- Over the last ten years it is up 146.7%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.