Financial Institutions Depth Index in Solomon Islands
Solomon Islands: Financial Institutions Depth Index was 0.0384 in 2020. ▲ Rising
Financial Institutions Depth Index in Solomon Islands, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Solomon Islands stood at 0.0384.
The figure is up 1.0% on the previous year and up 19.0% over ten years.
Over the whole period, financial institutions depth index in Solomon Islands peaked at 0.047 in 1989 and was at its lowest, 0.0146, in 2001.
Solomon Islands ranks 164th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0224 | — |
| 1981 | 0.0248 | +11.0% |
| 1982 | 0.0235 | -5.5% |
| 1983 | 0.0193 | -17.6% |
| 1984 | 0.0253 | +30.8% |
| 1985 | 0.0376 | +48.7% |
| 1986 | 0.0393 | +4.5% |
| 1987 | 0.0348 | -11.4% |
| 1988 | 0.0374 | +7.4% |
| 1989 | 0.047 | +25.6% |
| 1990 | 0.0308 | -34.4% |
| 1991 | 0.0251 | -18.5% |
| 1992 | 0.0194 | -22.8% |
| 1993 | 0.0189 | -2.6% |
| 1994 | 0.0172 | -9.1% |
| 1995 | 0.0162 | -5.7% |
| 1996 | 0.0149 | -7.9% |
| 1997 | 0.015 | +1.0% |
| 1998 | 0.0165 | +9.8% |
| 1999 | 0.0165 | +0.0% |
| 2000 | 0.0184 | +11.6% |
| 2001 | 0.0146 | -20.7% |
| 2002 | 0.0151 | +3.5% |
| 2003 | 0.017 | +12.1% |
| 2004 | 0.0165 | -2.6% |
| 2005 | 0.0218 | +32.1% |
| 2006 | 0.0303 | +38.9% |
| 2007 | 0.0402 | +32.6% |
| 2008 | 0.0445 | +10.8% |
| 2009 | 0.039 | -12.4% |
| 2010 | 0.0323 | -17.2% |
| 2011 | 0.0287 | -10.9% |
| 2012 | 0.0274 | -4.7% |
| 2013 | 0.0294 | +7.5% |
| 2014 | 0.0326 | +10.9% |
| 2015 | 0.0363 | +11.1% |
| 2016 | 0.0384 | +5.9% |
| 2017 | 0.0383 | -0.4% |
| 2018 | 0.0368 | -3.9% |
| 2019 | 0.038 | +3.4% |
| 2020 | 0.0384 | +1.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0384 is below the median for lower middle income countries, which is 0.0823, 47% of the median. (45 countries reporting)
- Solomon Islands's 0.0384 is below the median for East Asia & Pacific, which is 0.1571, 24% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0311 | 0.0193 | 0.047 | 10 |
| 1990s | 0.019 | 0.0149 | 0.0308 | 10 |
| 2000s | 0.0257 | 0.0146 | 0.0445 | 10 |
| 2010s | 0.0338 | 0.0274 | 0.0384 | 10 |
| 2020s | 0.0384 | 0.0384 | 0.0384 | 1 |
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 financial institutions depth index in Solomon Islands?
- Financial institutions depth index in Solomon Islands was 0.0384 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Solomon Islands?
- The highest recorded value was 0.047 in 1989.
- What is the lowest financial institutions depth index recorded in Solomon Islands?
- The lowest recorded value was 0.0146 in 2001.
- How does Solomon Islands rank for financial institutions depth index?
- Solomon Islands ranks 164th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Solomon Islands?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.