Broad money growth in Solomon Islands
Solomon Islands: Broad money growth was 3.8% in 2024. ◆ Volatile
Broad money growth in Solomon Islands, 1979–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Solomon Islands is 3.8%, measured in 2024.
Compared with earlier readings it is down 37.5% on the previous year and down 31.1% over ten years.
Over the whole period, broad money growth in Solomon Islands peaked at 46.1% in 2005 and was at its lowest, -17.6%, in 1981.
Solomon Islands ranks 136th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Solomon Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 1979 | 44.9% | — |
| 1980 | -1.4% | -103.1% |
| 1981 | -17.6% | +1165.0% |
| 1982 | 23.4% | -233.2% |
| 1983 | 20.0% | -14.8% |
| 1984 | 35.0% | +75.2% |
| 1985 | 2.6% | -92.5% |
| 1986 | 9.3% | +251.7% |
| 1987 | 34.7% | +274.2% |
| 1988 | 32.1% | -7.5% |
| 1989 | -0.4% | -101.2% |
| 1990 | 9.8% | -2656.2% |
| 1991 | 23.9% | +143.1% |
| 1992 | 24.5% | +2.5% |
| 1993 | 15.6% | -36.1% |
| 1994 | 25.1% | +60.7% |
| 1995 | 9.2% | -63.3% |
| 1996 | 15.3% | +66.3% |
| 1997 | 6.7% | -56.4% |
| 1998 | 2.5% | -62.0% |
| 1999 | 7.0% | +174.3% |
| 2000 | 0.6% | -91.9% |
| 2001 | -10.1% | -1902.2% |
| 2002 | 6.4% | -162.8% |
| 2003 | 23.8% | +273.9% |
| 2004 | 17.7% | -25.6% |
| 2005 | 46.1% | +160.1% |
| 2006 | 26.4% | -42.7% |
| 2007 | 21.7% | -17.9% |
| 2008 | 8.0% | -63.1% |
| 2009 | 16.8% | +110.1% |
| 2010 | 13.3% | -20.8% |
| 2011 | 25.8% | +93.7% |
| 2012 | 17.4% | -32.6% |
| 2013 | 12.4% | -28.8% |
| 2014 | 5.6% | -55.1% |
| 2015 | 15.0% | +170.0% |
| 2016 | 13.4% | -10.5% |
| 2017 | 3.5% | -74.0% |
| 2018 | 6.8% | +95.2% |
| 2019 | -3.1% | -144.9% |
| 2020 | 6.6% | -315.9% |
| 2021 | 1.9% | -70.6% |
| 2022 | 5.3% | +171.1% |
| 2023 | 6.1% | +16.4% |
| 2024 | 3.8% | -37.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.9% | 44.9% | 44.9% | 1 |
| 1980s | 13.8% | -17.6% | 35.0% | 10 |
| 1990s | 14.0% | 2.5% | 25.1% | 10 |
| 2000s | 15.7% | -10.1% | 46.1% | 10 |
| 2010s | 11.0% | -3.1% | 25.8% | 10 |
| 2020s | 4.8% | 1.9% | 6.6% | 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 broad money growth in Solomon Islands?
- Broad money growth in Solomon Islands was 3.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Solomon Islands?
- The highest recorded value was 46.1% in 2005.
- What is the lowest broad money growth recorded in Solomon Islands?
- The lowest recorded value was -17.6% in 1981.
- How does Solomon Islands rank for broad money growth?
- Solomon Islands ranks 136th out of 166 countries with data for 2024.
- Is broad money growth rising or falling in Solomon Islands?
- Over the last ten years it is down 31.1%. 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 growth (annual %). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.