Borrowers from commercial banks in Solomon Islands
Solomon Islands: Borrowers from commercial banks was 40.11 per 1,000 adults in 2024. ◆ Volatile
Borrowers from commercial banks in Solomon Islands, 2012–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Solomon Islands stood at 40.11 per 1,000 adults.
That represents a change of up 4.6% on the previous year and up 7.5% over ten years.
Over the whole period, borrowers from commercial banks in Solomon Islands peaked at 86.29 per 1,000 adults in 2019 and was at its lowest, 15.49 per 1,000 adults, in 2012.
Solomon Islands ranks 93rd of 113 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Solomon Islands, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2012 | 15.49 per 1,000 adults | — |
| 2013 | 34.22 per 1,000 adults | +121.0% |
| 2014 | 37.31 per 1,000 adults | +9.0% |
| 2015 | 25.13 per 1,000 adults | -32.7% |
| 2016 | 26.8 per 1,000 adults | +6.7% |
| 2017 | 24.37 per 1,000 adults | -9.1% |
| 2018 | 76.98 per 1,000 adults | +215.9% |
| 2019 | 86.29 per 1,000 adults | +12.1% |
| 2020 | 77.64 per 1,000 adults | -10.0% |
| 2021 | 38.23 per 1,000 adults | -50.8% |
| 2022 | 37.57 per 1,000 adults | -1.7% |
| 2023 | 38.34 per 1,000 adults | +2.1% |
| 2024 | 40.11 per 1,000 adults | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 40.82 per 1,000 adults | 15.49 per 1,000 adults | 86.29 per 1,000 adults | 8 |
| 2020s | 46.37 per 1,000 adults | 37.57 per 1,000 adults | 77.64 per 1,000 adults | 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 borrowers from commercial banks in Solomon Islands?
- Borrowers from commercial banks in Solomon Islands was 40.11 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Solomon Islands?
- The highest recorded value was 86.29 per 1,000 adults in 2019.
- What is the lowest borrowers from commercial banks recorded in Solomon Islands?
- The lowest recorded value was 15.49 per 1,000 adults in 2012.
- How does Solomon Islands rank for borrowers from commercial banks?
- Solomon Islands ranks 93rd out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Solomon Islands?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.