Claims on other sectors of the domestic economy in Solomon Islands
Solomon Islands: Claims on other sectors of the domestic economy was 35.5% in 2024. ▲ Rising
Claims on other sectors of the domestic economy in Solomon Islands, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, claims on other sectors of the domestic economy in Solomon Islands stood at 35.5%.
The figure is down 3.3% on the previous year and up 7.6% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Solomon Islands peaked at 36.7% in 2023 and was at its lowest, 18.2%, in 2004.
Solomon Islands ranks 42nd of 59 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Claims on other sectors of the domestic economy in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 23.4% | — |
| 2002 | 22.7% | -3.1% |
| 2003 | 18.4% | -19.1% |
| 2004 | 18.2% | -0.8% |
| 2005 | 18.6% | +1.8% |
| 2006 | 20.9% | +12.5% |
| 2007 | 25.2% | +21.0% |
| 2008 | 27.0% | +7.0% |
| 2009 | 25.4% | -6.1% |
| 2010 | 23.1% | -8.8% |
| 2011 | 21.2% | -8.4% |
| 2012 | 21.2% | +0.1% |
| 2013 | 30.7% | +44.5% |
| 2014 | 33.0% | +7.6% |
| 2015 | 34.3% | +3.9% |
| 2016 | 35.4% | +3.2% |
| 2017 | 34.3% | -3.1% |
| 2018 | 32.9% | -4.0% |
| 2019 | 32.8% | -0.2% |
| 2020 | 34.6% | +5.4% |
| 2021 | 34.9% | +0.8% |
| 2022 | 36.7% | +5.2% |
| 2023 | 36.7% | +0.0% |
| 2024 | 35.5% | -3.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 35.5% is above the median for lower middle income countries, which is 35.5%, 1.0× the median. (15 countries reporting)
- Solomon Islands's 35.5% is below the median for East Asia & Pacific, which is 70.0%, 51% of the median. (10 countries reporting)
Biggest year-on-year movements
Years where Claims on other sectors of the domestic economy 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 |
|---|---|---|---|
| 2013 | +44.5% | 21.2% | 30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.2% | 18.2% | 27.0% | 9 |
| 2010s | 29.9% | 21.2% | 35.4% | 10 |
| 2020s | 35.7% | 34.6% | 36.7% | 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 claims on other sectors of the domestic economy in Solomon Islands?
- Claims on other sectors of the domestic economy in Solomon Islands was 35.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Solomon Islands?
- The highest recorded value was 36.7% in 2023.
- What is the lowest claims on other sectors of the domestic economy recorded in Solomon Islands?
- The lowest recorded value was 18.2% in 2004.
- How does Solomon Islands rank for claims on other sectors of the domestic economy?
- Solomon Islands ranks 42nd out of 59 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in Solomon Islands?
- Over the last ten years it is up 7.6%. 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 Claims on other sectors of the domestic economy (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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.