Broad money in Solomon Islands
Solomon Islands: Broad money was 6.41 billion current LCU in 2024. ◆ Volatile
Broad money in Solomon Islands, 1978–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Solomon Islands recorded 6.41 billion current LCU for broad money in 2024. That is the highest value across all 47 years on record.
The figure is up 3.8% on the previous year and up 76.3% over ten years.
Over the whole period, broad money in Solomon Islands peaked at 6.41 billion current LCU in 2024 and was at its lowest, 27.29 million current LCU, in 1978.
That places Solomon Islands 149th out of 167 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 1978 | 27.29 million current LCU | — |
| 1979 | 39.56 million current LCU | +44.9% |
| 1980 | 39.01 million current LCU | -1.4% |
| 1981 | 32.15 million current LCU | -17.6% |
| 1982 | 39.68 million current LCU | +23.4% |
| 1983 | 47.59 million current LCU | +20.0% |
| 1984 | 64.23 million current LCU | +35.0% |
| 1985 | 65.92 million current LCU | +2.6% |
| 1986 | 72.03 million current LCU | +9.3% |
| 1987 | 96.98 million current LCU | +34.7% |
| 1988 | 128.07 million current LCU | +32.1% |
| 1989 | 127.58 million current LCU | -0.4% |
| 1990 | 140.11 million current LCU | +9.8% |
| 1991 | 173.56 million current LCU | +23.9% |
| 1992 | 216.03 million current LCU | +24.5% |
| 1993 | 249.81 million current LCU | +15.6% |
| 1994 | 312.57 million current LCU | +25.1% |
| 1995 | 341.37 million current LCU | +9.2% |
| 1996 | 393.64 million current LCU | +15.3% |
| 1997 | 419.93 million current LCU | +6.7% |
| 1998 | 430.60 million current LCU | +2.5% |
| 1999 | 460.62 million current LCU | +7.0% |
| 2000 | 463.21 million current LCU | +0.6% |
| 2001 | 416.26 million current LCU | -10.1% |
| 2002 | 442.77 million current LCU | +6.4% |
| 2003 | 548.22 million current LCU | +23.8% |
| 2004 | 645.42 million current LCU | +17.7% |
| 2005 | 943.08 million current LCU | +46.1% |
| 2006 | 1.19 billion current LCU | +26.4% |
| 2007 | 1.45 billion current LCU | +21.7% |
| 2008 | 1.57 billion current LCU | +8.0% |
| 2009 | 1.83 billion current LCU | +16.8% |
| 2010 | 2.07 billion current LCU | +13.3% |
| 2011 | 2.61 billion current LCU | +25.8% |
| 2012 | 3.06 billion current LCU | +17.4% |
| 2013 | 3.44 billion current LCU | +12.4% |
| 2014 | 3.63 billion current LCU | +5.6% |
| 2015 | 4.18 billion current LCU | +15.0% |
| 2016 | 4.74 billion current LCU | +13.4% |
| 2017 | 4.91 billion current LCU | +3.5% |
| 2018 | 5.24 billion current LCU | +6.8% |
| 2019 | 5.08 billion current LCU | -3.1% |
| 2020 | 5.42 billion current LCU | +6.6% |
| 2021 | 5.52 billion current LCU | +1.9% |
| 2022 | 5.81 billion current LCU | +5.3% |
| 2023 | 6.17 billion current LCU | +6.1% |
| 2024 | 6.41 billion current LCU | +3.8% |
Solomon Islands compared with similar countries
- Solomon Islands's 6.41 billion current LCU is below the median for lower middle income countries, which is 698.63 billion current LCU, 1% of the median. (46 countries reporting)
- Solomon Islands's 6.41 billion current LCU is below the median for East Asia & Pacific, which is 3.07 trillion current LCU, 0% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.43 million current LCU | 27.29 million current LCU | 39.56 million current LCU | 2 |
| 1980s | 71.32 million current LCU | 32.15 million current LCU | 128.07 million current LCU | 10 |
| 1990s | 313.82 million current LCU | 140.11 million current LCU | 460.62 million current LCU | 10 |
| 2000s | 950.02 million current LCU | 416.26 million current LCU | 1.83 billion current LCU | 10 |
| 2010s | 3.90 billion current LCU | 2.07 billion current LCU | 5.24 billion current LCU | 10 |
| 2020s | 5.87 billion current LCU | 5.42 billion current LCU | 6.41 billion current LCU | 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 broad money in Solomon Islands?
- Broad money in Solomon Islands was 6.41 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Solomon Islands?
- The highest recorded value was 6.41 billion current LCU in 2024.
- What is the lowest broad money recorded in Solomon Islands?
- The lowest recorded value was 27.29 million current LCU in 1978.
- How does Solomon Islands rank for broad money?
- Solomon Islands ranks 149th out of 167 countries with data for 2024.
- Is broad money rising or falling in Solomon Islands?
- Over the last ten years it is up 76.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.