Financial soundness indicators in Solomon Islands

Solomon Islands: Financial soundness indicators was 6.5% in 2023. ▼ Falling

Latest (2023)
6.5%
Change on year
up 11.8%
World rank
3rd
of 146 countries
All-time high
9.6%
in 2010
All-time low
2.1%
in 2020
Years of data
14
2010–2023

Financial soundness indicators in Solomon Islands, 2010–2023

2468102010201620232010: 9.6 %2011: 5.2 %2012: 5.1 %2013: 4 %2014: 3.3 %2015: 3 %2016: 3.5 %2017: 3.9 %2018: 3.5 %2019: 3.1 %2020: 2.1 %2021: 2.3 %2022: 5.9 %2023: 6.5 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for financial soundness indicators in Solomon Islands is 6.5%, measured in 2023.

Compared with earlier readings it is up 11.8% on the previous year and up 64.6% over ten years.

Over the whole period, financial soundness indicators in Solomon Islands peaked at 9.6% in 2010 and was at its lowest, 2.1%, in 2020.

That places Solomon Islands 3rd out of 146 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.4% 3.0% 9.6% 10
2020s 4.2% 2.1% 6.5% 4

Countries ranked near Solomon Islands

  1. 1 Malawi 8.8% compare
  2. 2 Argentina 8.2% compare
  3. 4 Ukraine 6.1% compare
  4. 5 Ghana 5.4% compare
  5. 6 Kazakhstan 5.2% compare

See the full ranking of 146 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is financial soundness indicators in Solomon Islands?
Financial soundness indicators in Solomon Islands was 6.5% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Solomon Islands?
The highest recorded value was 9.6% in 2010.
What is the lowest financial soundness indicators recorded in Solomon Islands?
The lowest recorded value was 2.1% in 2020.
How does Solomon Islands rank for financial soundness indicators?
Solomon Islands ranks 3rd out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Solomon Islands?
Over the last ten years it is up 64.6%. The long-run trend across the full record is falling.
Where does this Solomon Islands data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)