Nonbank financial institutions’ assets to GDP in Solomon Islands
Solomon Islands: Nonbank financial institutions’ assets to GDP was 15.5% in 2021. ▲ Rising
Nonbank financial institutions’ assets to GDP in Solomon Islands, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for nonbank financial institutions’ assets to gdp in Solomon Islands is 15.5%, measured in 2021.
Compared with earlier readings it is up 0.2% on the previous year and up 110.5% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Solomon Islands peaked at 18.7% in 2001 and was at its lowest, 1.5%, in 1977.
Solomon Islands ranks 25th of 84 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Nonbank financial institutions’ assets to GDP in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 1.5% | — |
| 1978 | 4.9% | +237.8% |
| 1979 | 5.9% | +21.2% |
| 1980 | 8.1% | +36.5% |
| 1981 | 10.1% | +24.2% |
| 1982 | 9.6% | -4.4% |
| 1983 | 11.7% | +21.3% |
| 1984 | 11.3% | -3.3% |
| 1985 | 12.8% | +12.8% |
| 1986 | 12.9% | +1.0% |
| 1987 | 13.1% | +1.9% |
| 1988 | 15.4% | +17.6% |
| 1989 | 15.2% | -1.3% |
| 1990 | 3.3% | -78.1% |
| 1991 | 3.3% | -1.1% |
| 1992 | 6.9% | +109.3% |
| 1993 | 6.8% | -1.0% |
| 1994 | 5.0% | -26.5% |
| 1995 | 4.7% | -6.5% |
| 1996 | 6.2% | +32.1% |
| 1997 | 6.4% | +3.4% |
| 1998 | 6.3% | -1.9% |
| 1999 | 6.0% | -5.7% |
| 2000 | 6.7% | +11.9% |
| 2001 | 18.7% | +181.0% |
| 2002 | 16.8% | -10.3% |
| 2003 | 12.5% | -25.5% |
| 2004 | 12.2% | -2.2% |
| 2005 | 11.5% | -6.0% |
| 2006 | 9.4% | -18.2% |
| 2007 | 8.5% | -10.0% |
| 2008 | 7.6% | -10.1% |
| 2009 | 8.0% | +5.7% |
| 2010 | 8.4% | +4.9% |
| 2011 | 7.4% | -12.5% |
| 2012 | 7.1% | -3.5% |
| 2013 | 15.5% | +118.7% |
| 2014 | 16.0% | +3.0% |
| 2015 | 15.1% | -6.0% |
| 2016 | 15.0% | -0.3% |
| 2017 | 15.0% | +0.1% |
| 2018 | 15.2% | +0.9% |
| 2019 | 14.5% | -4.0% |
| 2020 | 15.5% | +6.4% |
| 2021 | 15.5% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | 1.5% | 5.9% | 3 |
| 1980s | 12.0% | 8.1% | 15.4% | 10 |
| 1990s | 5.5% | 3.3% | 6.9% | 10 |
| 2000s | 11.2% | 6.7% | 18.7% | 10 |
| 2010s | 12.9% | 7.1% | 16.0% | 10 |
| 2020s | 15.5% | 15.5% | 15.5% | 2 |
Countries ranked near Solomon Islands
- 22 Mexico 22.9% compare
- 23 New Zealand 22.7% compare
- 24 Costa Rica 20.4% compare
- 26 Bhutan 13.6% compare
- 27 Bolivia, Plurinational State of 13.5% compare
- 28 North Macedonia 13.3% 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 nonbank financial institutions’ assets to gdp in Solomon Islands?
- Nonbank financial institutions’ assets to gdp in Solomon Islands was 15.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Solomon Islands?
- The highest recorded value was 18.7% in 2001.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Solomon Islands?
- The lowest recorded value was 1.5% in 1977.
- How does Solomon Islands rank for nonbank financial institutions’ assets to gdp?
- Solomon Islands ranks 25th out of 84 countries with data for 2021.
- Is nonbank financial institutions’ assets to gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 110.5%. 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 (IFS), International Monetary Fund (IMF), published as part of Nonbank financial institutions’ 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 other financial institutions 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 other financial institutions' 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).