Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Solomon Islands
Solomon Islands: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 1.05 billion in 2024. ▲ Rising
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Solomon Islands, 2010–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding loans, commercial banks, of which: household sector loans in Solomon Islands is 1.05 billion, measured in 2024.
Compared with earlier readings it is up 10.7% on the previous year and up 80.4% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Solomon Islands peaked at 1.60 billion in 2020 and was at its lowest, 300.15 million, in 2010.
That places Solomon Islands 124th out of 134 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 300.15 million | — |
| 2011 | 311.23 million | +3.7% |
| 2012 | 369.83 million | +18.8% |
| 2013 | 445.38 million | +20.4% |
| 2014 | 580.86 million | +30.4% |
| 2015 | 615.33 million | +5.9% |
| 2016 | 693.29 million | +12.7% |
| 2017 | 693.93 million | +0.1% |
| 2018 | 1.09 billion | +56.6% |
| 2019 | 1.50 billion | +37.7% |
| 2020 | 1.60 billion | +7.0% |
| 2021 | 810.00 million | -49.4% |
| 2022 | 847.00 million | +4.6% |
| 2023 | 946.62 million | +11.8% |
| 2024 | 1.05 billion | +10.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.05 billion is below the median for lower middle income countries, which is 472.36 billion, 0% of the median. (22 countries reporting)
- Solomon Islands's 1.05 billion is below the median for East Asia & Pacific, which is 299.94 billion, 0% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 659.38 million | 300.15 million | 1.50 billion | 10 |
| 2020s | 1.05 billion | 810.00 million | 1.60 billion | 5 |
Countries ranked near Solomon Islands
- 121 Belize 1.35 billion compare
- 122 Antigua and Barbuda 1.27 billion compare
- 123 Papua New Guinea 1.24 billion compare
- 125 Saint Vincent and the Grenadines 895.11 million compare
- 126 Samoa 502.53 million compare
- 127 Dominica 455.08 million 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 outstanding loans, commercial banks, of which: household sector loans in Solomon Islands?
- Outstanding loans, commercial banks, of which: household sector loans in Solomon Islands was 1.05 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Solomon Islands?
- The highest recorded value was 1.60 billion in 2020.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Solomon Islands?
- The lowest recorded value was 300.15 million in 2010.
- How does Solomon Islands rank for outstanding loans, commercial banks, of which: household sector loans?
- Solomon Islands ranks 124th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Solomon Islands?
- Over the last ten years it is up 80.4%. 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 Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.