Share of government expenditure going to interest payments in Solomon Islands

Solomon Islands: Share of government expenditure going to interest payments was 1.27 in 2022. ▲ Rising

Latest (2022)
1.27
Change on year
up 81.7%
World rank
138th
of 152 countries
All-time high
1.27
in 2022
All-time low
0.2952
in 2018
Years of data
12
2011–2022

Share of government expenditure going to interest payments in Solomon Islands, 2011–2022

0.20.40.60.811.22011201620222011: 1.12012: 0.8322013: 0.5152014: 0.4522015: 0.3622016: 0.332017: 0.3912018: 0.2952019: 0.5282020: 0.6142021: 0.6992022: 1.3

Source: Our World in Data.

Analysis

Solomon Islands recorded 1.27 for share of government expenditure going to interest payments in 2022. That is the highest value across all 12 years on record.

That represents a change of up 81.7% on the previous year and up 52.6% over ten years.

Over the whole period, share of government expenditure going to interest payments in Solomon Islands peaked at 1.27 in 2022 and was at its lowest, 0.2952, in 2018.

That places Solomon Islands 138th out of 152 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Share of government expenditure going to interest payments in Solomon Islands, year by year

Annual values for Share of government expenditure going to interest payments in Solomon Islands, 2011 to 2022.
Year Value Change
2011 1.11
2012 0.832 -25.2%
2013 0.5148 -38.1%
2014 0.4518 -12.3%
2015 0.3623 -19.8%
2016 0.3301 -8.9%
2017 0.3908 +18.4%
2018 0.2952 -24.5%
2019 0.5281 +78.9%
2020 0.6142 +16.3%
2021 0.6985 +13.7%
2022 1.27 +81.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.5352 0.2952 1.11 9
2020s 0.8607 0.6142 1.27 3

Countries ranked near Solomon Islands

  1. 135 Sweden 1.37 compare
  2. 136 Germany 1.36 compare
  3. 137 Bulgaria 1.3 compare
  4. 139 Switzerland 0.9765 compare
  5. 140 Estonia 0.9644 compare
  6. 141 Kiribati 0.7541 compare

See the full ranking of 152 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is share of government expenditure going to interest payments in Solomon Islands?
Share of government expenditure going to interest payments in Solomon Islands was 1.27 in 2022, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Solomon Islands?
The highest recorded value was 1.27 in 2022.
What is the lowest share of government expenditure going to interest payments recorded in Solomon Islands?
The lowest recorded value was 0.2952 in 2018.
How does Solomon Islands rank for share of government expenditure going to interest payments?
Solomon Islands ranks 138th out of 152 countries with data for 2022.
Is share of government expenditure going to interest payments rising or falling in Solomon Islands?
Over the last ten years it is up 52.6%. The long-run trend across the full record is rising.
Where does this Solomon Islands data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Solomon Islands. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/solomon-islands/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed