Deposit money banks'' assets to GDP (%) in Solomon Islands
Solomon Islands: Deposit money banks'' assets to GDP (%) was 20.5% in 2021. ▬ Flat
Deposit money banks'' assets to GDP in Solomon Islands, 1978–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, deposit money banks'' assets to gdp in Solomon Islands stood at 20.5%.
That represents a change of down 2.8% on the previous year and up 27.2% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Solomon Islands peaked at 32.5% in 1989 and was at its lowest, 6.0%, in 1978.
That places Solomon Islands 161st out of 187 countries with data for 2021, putting it in the bottom quarter.
Deposit money banks'' assets to GDP (%) in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 1978 | 6.0% | — |
| 1979 | 10.4% | +75.0% |
| 1980 | 15.6% | +49.8% |
| 1981 | 17.1% | +9.4% |
| 1982 | 16.4% | -4.0% |
| 1983 | 15.1% | -7.8% |
| 1984 | 17.5% | +15.3% |
| 1985 | 23.1% | +32.2% |
| 1986 | 24.7% | +7.1% |
| 1987 | 26.1% | +5.5% |
| 1988 | 28.2% | +8.1% |
| 1989 | 32.5% | +15.1% |
| 1990 | 24.4% | -25.0% |
| 1991 | 25.2% | +3.4% |
| 1992 | 23.5% | -6.6% |
| 1993 | 23.6% | +0.4% |
| 1994 | 20.4% | -13.6% |
| 1995 | 18.4% | -10.0% |
| 1996 | 16.8% | -8.7% |
| 1997 | 16.3% | -2.6% |
| 1998 | 16.3% | -0.3% |
| 1999 | 16.6% | +1.9% |
| 2000 | 18.8% | +13.2% |
| 2001 | 15.0% | -20.1% |
| 2002 | 14.7% | -1.8% |
| 2003 | 12.8% | -13.2% |
| 2004 | 11.5% | -9.9% |
| 2005 | 13.3% | +15.1% |
| 2006 | 16.7% | +25.9% |
| 2007 | 21.3% | +27.3% |
| 2008 | 23.0% | +8.2% |
| 2009 | 20.6% | -10.3% |
| 2010 | 17.6% | -14.5% |
| 2011 | 16.1% | -8.5% |
| 2012 | 15.6% | -3.2% |
| 2013 | 16.4% | +5.0% |
| 2014 | 18.1% | +10.4% |
| 2015 | 19.6% | +8.5% |
| 2016 | 20.7% | +5.7% |
| 2017 | 20.6% | -0.8% |
| 2018 | 20.2% | -1.8% |
| 2019 | 20.9% | +3.4% |
| 2020 | 21.1% | +1.0% |
| 2021 | 20.5% | -2.8% |
Solomon Islands compared with similar countries
- Solomon Islands's 20.5% is below the median for lower middle income countries, which is 30.6%, 67% of the median. (46 countries reporting)
- Solomon Islands's 20.5% is below the median for East Asia & Pacific, which is 83.3%, 25% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.2% | 6.0% | 10.4% | 2 |
| 1980s | 21.6% | 15.1% | 32.5% | 10 |
| 1990s | 20.1% | 16.3% | 25.2% | 10 |
| 2000s | 16.8% | 11.5% | 23.0% | 10 |
| 2010s | 18.6% | 15.6% | 20.9% | 10 |
| 2020s | 20.8% | 20.5% | 21.1% | 2 |
Countries ranked near Solomon Islands
- 158 Sierra Leone 21.8% compare
- 159 Uganda 21.1% compare
- 160 Angola 20.9% compare
- 162 Yemen 20.4% compare
- 163 Guinea-Bissau 20.4% compare
- 164 South Sudan 20.0% compare
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 deposit money banks'' assets to gdp in Solomon Islands?
- Deposit money banks'' assets to gdp in Solomon Islands was 20.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Solomon Islands?
- The highest recorded value was 32.5% in 1989.
- What is the lowest deposit money banks'' assets to gdp recorded in Solomon Islands?
- The lowest recorded value was 6.0% in 1978.
- How does Solomon Islands rank for deposit money banks'' assets to gdp?
- Solomon Islands ranks 161st out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is flat.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).