External loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands
Solomon Islands: External loans and deposits of reporting banks vis-à-vis the banking was 34.1% in 2021. ▲ Rising
External loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands stood at 34.1%.
Compared with earlier readings it is down 18.1% on the previous year and down 59.0% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands peaked at 132.5% in 2004 and was at its lowest, 8.2%, in 1996.
That places Solomon Islands 28th out of 180 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 19.4% | — |
| 1996 | 8.2% | -57.8% |
| 1997 | 23.4% | +185.1% |
| 1998 | 53.9% | +130.4% |
| 1999 | 47.1% | -12.5% |
| 2000 | 54.2% | +15.0% |
| 2001 | 58.8% | +8.5% |
| 2002 | 71.5% | +21.7% |
| 2003 | 103.6% | +44.8% |
| 2004 | 132.5% | +27.9% |
| 2005 | 100.4% | -24.2% |
| 2006 | 78.0% | -22.3% |
| 2007 | 57.7% | -26.1% |
| 2008 | 58.5% | +1.3% |
| 2009 | 62.4% | +6.8% |
| 2010 | 83.0% | +32.9% |
| 2011 | 83.1% | +0.2% |
| 2012 | 88.2% | +6.2% |
| 2013 | 74.6% | -15.5% |
| 2014 | 65.1% | -12.7% |
| 2015 | 50.4% | -22.6% |
| 2016 | 41.3% | -18.0% |
| 2017 | 46.4% | +12.3% |
| 2018 | 53.3% | +14.8% |
| 2019 | 41.2% | -22.8% |
| 2020 | 41.6% | +1.1% |
| 2021 | 34.1% | -18.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 34.1% is above the median for lower middle income countries, which is 10.0%, 3.4× the median. (46 countries reporting)
- Solomon Islands's 34.1% is above the median for East Asia & Pacific, which is 10.2%, 3.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where External loans and deposits of reporting banks vis-à-vis the banking 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 |
|---|---|---|---|
| 1997 | +185.1% | 8.2% | 23.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.4% | 8.2% | 53.9% | 5 |
| 2000s | 77.8% | 54.2% | 132.5% | 10 |
| 2010s | 62.6% | 41.2% | 88.2% | 10 |
| 2020s | 37.9% | 34.1% | 41.6% | 2 |
Countries ranked near Solomon Islands
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 the banking in Solomon Islands?
- External loans and deposits of reporting banks vis-à-vis the banking in Solomon Islands was 34.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Solomon Islands?
- The highest recorded value was 132.5% in 2004.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Solomon Islands?
- The lowest recorded value was 8.2% in 1996.
- How does Solomon Islands rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Solomon Islands ranks 28th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Solomon Islands?
- Over the last ten years it is down 59.0%. The long-run trend across the full record is rising.
- 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 the banking sector (% 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 minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.