Borrowers from commercial banks (per 1,000 adults) in Solomon Islands
Solomon Islands: Borrowers from commercial banks (per 1,000 adults) 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 (per 1,000 adults) 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% |
Solomon Islands compared with similar countries
- Solomon Islands's 40.11 per 1,000 adults is below the median for lower middle income countries, which is 58.55 per 1,000 adults, 68% of the median. (35 countries reporting)
- Solomon Islands's 40.11 per 1,000 adults is below the median for East Asia & Pacific, which is 305.09 per 1,000 adults, 13% of the median. (13 countries reporting)
Biggest year-on-year movements
Years where Borrowers from commercial banks (per 1,000 adults) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +215.9% | 24.37 per 1,000 adults | 76.98 per 1,000 adults |
| 2013 | +121.0% | 15.49 per 1,000 adults | 34.22 per 1,000 adults |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.76 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.