Broad money in Solomon Islands
Solomon Islands: Broad money was 47.8% in 2024. ▲ Rising
Broad money in Solomon Islands, 1978–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Solomon Islands is 47.8%, measured in 2024.
Compared with earlier readings it is down 2.2% on the previous year and up 29.7% over ten years.
Over the whole period, broad money in Solomon Islands peaked at 48.9% in 2023 and was at its lowest, 17.5%, in 2003.
That places Solomon Islands 105th out of 166 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Broad money in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 28.1% | — |
| 1979 | 30.2% | +7.3% |
| 1980 | 25.7% | -14.9% |
| 1981 | 19.1% | -25.8% |
| 1982 | 21.2% | +11.1% |
| 1983 | 22.9% | +8.0% |
| 1984 | 27.8% | +21.5% |
| 1985 | 26.9% | -3.2% |
| 1986 | 28.0% | +4.2% |
| 1987 | 31.2% | +11.4% |
| 1988 | 34.8% | +11.7% |
| 1989 | 32.2% | -7.6% |
| 1990 | 25.8% | -19.9% |
| 1991 | 28.1% | +9.0% |
| 1992 | 27.4% | -2.4% |
| 1993 | 26.1% | -5.0% |
| 1994 | 23.6% | -9.5% |
| 1995 | 21.4% | -9.4% |
| 1996 | 21.6% | +1.3% |
| 1997 | 21.5% | -0.7% |
| 1998 | 19.5% | -8.9% |
| 1999 | 19.5% | -0.2% |
| 2000 | 21.7% | +11.1% |
| 2001 | 19.3% | -11.2% |
| 2002 | 18.9% | -1.7% |
| 2003 | 17.5% | -7.7% |
| 2004 | 18.4% | +5.4% |
| 2005 | 22.7% | +22.9% |
| 2006 | 25.4% | +12.1% |
| 2007 | 27.3% | +7.4% |
| 2008 | 26.1% | -4.5% |
| 2009 | 28.2% | +8.3% |
| 2010 | 28.6% | +1.5% |
| 2011 | 32.1% | +12.1% |
| 2012 | 35.1% | +9.5% |
| 2013 | 36.7% | +4.3% |
| 2014 | 36.9% | +0.6% |
| 2015 | 40.4% | +9.4% |
| 2016 | 43.2% | +7.1% |
| 2017 | 42.3% | -2.1% |
| 2018 | 40.8% | -3.6% |
| 2019 | 38.4% | -5.9% |
| 2020 | 42.9% | +11.8% |
| 2021 | 44.1% | +2.8% |
| 2022 | 48.6% | +10.1% |
| 2023 | 48.9% | +0.6% |
| 2024 | 47.8% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.2% | 28.1% | 30.2% | 2 |
| 1980s | 27.0% | 19.1% | 34.8% | 10 |
| 1990s | 23.4% | 19.5% | 28.1% | 10 |
| 2000s | 22.5% | 17.5% | 28.2% | 10 |
| 2010s | 37.5% | 28.6% | 43.2% | 10 |
| 2020s | 46.5% | 42.9% | 48.9% | 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 in Solomon Islands?
- Broad money in Solomon Islands was 47.8% 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 48.9% in 2023.
- What is the lowest broad money recorded in Solomon Islands?
- The lowest recorded value was 17.5% in 2003.
- How does Solomon Islands rank for broad money?
- Solomon Islands ranks 105th out of 166 countries with data for 2024.
- Is broad money rising or falling in Solomon Islands?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.