External loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands
Solomon Islands: External loans and deposits of reporting banks vis-à-vis all sectors was 61.6% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands is 61.6%, measured in 2021.
The figure is down 19.0% on the previous year and down 42.4% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands peaked at 223.1% in 2004 and was at its lowest, 28.6%, in 1995.
That places Solomon Islands 33rd out of 181 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 28.6% | — |
| 1996 | 43.1% | +50.8% |
| 1997 | 50.8% | +18.0% |
| 1998 | 59.1% | +16.3% |
| 1999 | 54.8% | -7.4% |
| 2000 | 113.6% | +107.3% |
| 2001 | 123.7% | +9.0% |
| 2002 | 165.6% | +33.9% |
| 2003 | 211.2% | +27.5% |
| 2004 | 223.1% | +5.7% |
| 2005 | 170.2% | -23.7% |
| 2006 | 154.2% | -9.4% |
| 2007 | 117.6% | -23.7% |
| 2008 | 106.9% | -9.1% |
| 2009 | 107.9% | +0.9% |
| 2010 | 114.6% | +6.2% |
| 2011 | 106.9% | -6.7% |
| 2012 | 114.7% | +7.3% |
| 2013 | 100.8% | -12.2% |
| 2014 | 105.0% | +4.2% |
| 2015 | 90.5% | -13.8% |
| 2016 | 68.5% | -24.3% |
| 2017 | 72.1% | +5.2% |
| 2018 | 76.1% | +5.6% |
| 2019 | 67.2% | -11.7% |
| 2020 | 76.0% | +13.1% |
| 2021 | 61.6% | -19.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 61.6% is above the median for lower middle income countries, which is 23.3%, 2.6× the median. (46 countries reporting)
- Solomon Islands's 61.6% is above the median for East Asia & Pacific, which is 13.6%, 4.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.3% | 28.6% | 59.1% | 5 |
| 2000s | 149.4% | 106.9% | 223.1% | 10 |
| 2010s | 91.6% | 67.2% | 114.7% | 10 |
| 2020s | 68.8% | 61.6% | 76.0% | 2 |
Countries ranked near Solomon Islands
- 30 Vanuatu 66.9% compare
- 31 United Arab Emirates 62.1% compare
- 32 Netherlands 61.6% compare
- 34 Mauritania 60.8% compare
- 35 Mozambique 60.5% compare
- 36 Denmark 59.6% 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 external loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands?
- External loans and deposits of reporting banks vis-à-vis all sectors in Solomon Islands was 61.6% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Solomon Islands?
- The highest recorded value was 223.1% in 2004.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Solomon Islands?
- The lowest recorded value was 28.6% in 1995.
- How does Solomon Islands rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Solomon Islands ranks 33rd out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Solomon Islands?
- Over the last ten years it is down 42.4%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.