Financial soundness indicators in Solomon Islands
Solomon Islands: Financial soundness indicators was 5.4% in 2024. ▼ Falling
Financial soundness indicators in Solomon Islands, 2010–2024
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 5.4%, measured in 2024.
Compared with earlier readings it is down 17.9% on the previous year and up 62.0% 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 4th out of 150 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 15 years of available data.
Financial soundness indicators in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 9.6% | — |
| 2011 | 5.2% | -45.2% |
| 2012 | 5.1% | -3.6% |
| 2013 | 4.0% | -21.3% |
| 2014 | 3.3% | -16.6% |
| 2015 | 3.0% | -10.8% |
| 2016 | 3.5% | +16.9% |
| 2017 | 3.9% | +12.7% |
| 2018 | 3.5% | -10.0% |
| 2019 | 3.1% | -11.7% |
| 2020 | 2.1% | -31.0% |
| 2021 | 2.3% | +7.0% |
| 2022 | 5.9% | +155.9% |
| 2023 | 6.5% | +11.8% |
| 2024 | 5.4% | -17.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 5.4% is above the median for lower middle income countries, which is 2.6%, 2.1× the median. (32 countries reporting)
- Solomon Islands's 5.4% is above the median for East Asia & Pacific, which is 1.4%, 3.7× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Financial soundness indicators 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 |
|---|---|---|---|
| 2022 | +155.9% | 2.3% | 5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.4% | 3.0% | 9.6% | 10 |
| 2020s | 4.4% | 2.1% | 6.5% | 5 |
Countries ranked near Solomon Islands
More reference data data for Solomon Islands
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0077 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0075 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0154 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0002 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0154 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0259 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0427 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0894 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0009 (2050)
Frequently asked questions
- What is financial soundness indicators in Solomon Islands?
- Financial soundness indicators in Solomon Islands was 5.4% in 2024, 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 4th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Solomon Islands?
- Over the last ten years it is up 62.0%. 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.
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About this data
Return on assets (%).