Contact Contacts
Credit to the private sector — all countries

Credit to the private sector — Solomon Islands

Credit to the private sector in the Solomon Islands in 2024 — 33.69%. Ranked 91 in the world out of 143. Since 1978, the indicator has risen by 22.91 pp.

2024 33.69% −1.09 pp vs 2023
World rank 91of 143
Period maximum 39.25%1989
Period minimum 10.78%1978

Trend over time

1978–2024 · % of GDP

Credit to the private sector — Solomon Islands, 1978–202401020304019781983198819931998200320082013201820231978: 10.78%1979: 15.98%1980: 19.55%1981: 22.77%1982: 21.62%1983: 21.57%1984: 24.23%1985: 31.98%1986: 32.96%1987: 30.91%1988: 34.55%1989: 39.25%1990: 19.09%1991: 16.13%1992: 16.82%1993: 16.49%1994: 13.8%1995: 13.04%1996: 14.01%1997: 14.41%1998: 15.04%1999: 14.8%2000: 16.59%2001: 19.37%2002: 18.66%2003: 15.18%2004: 14.36%2005: 15.4%2006: 18.53%2007: 23.27%2008: 25.24%2009: 23.77%2010: 20.54%2011: 18.84%2012: 19.72%2013: 29.31%2014: 31.62%2015: 33.01%2016: 34.22%2017: 33.23%2018: 30.7%2019: 30.74%2020: 32.57%2021: 32.83%2022: 34.71%2023: 34.78%2024: 33.69%
Change over the period: +22.91 pp Annual average: 0.5 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands 33.69%
World 140.32%
East Asia & Pacific 175.37%
Melanesia computed 32.95%
Lower-middle-income countries computed 39.16%
Credit to the private sector — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2024 33.69 −1.09 pp
2023 34.78 +0.08 pp
2022 34.71 +1.88 pp
2021 32.83 +0.26 pp
2020 32.57 +1.83 pp
2019 30.74 +0.04 pp
2018 30.7 −2.53 pp
2017 33.23 −0.99 pp
2016 34.22 +1.21 pp
2015 33.01 +1.39 pp
2014 31.62 +2.31 pp
2013 29.31 +9.59 pp
2012 19.72 +0.88 pp
2011 18.84 −1.7 pp
2010 20.54 −3.23 pp
2009 23.77 −1.47 pp
2008 25.24 +1.98 pp
2007 23.27 +4.73 pp
2006 18.53 +3.14 pp
2005 15.4 +1.04 pp
2004 14.36 −0.82 pp
2003 15.18 −3.48 pp
2002 18.66 −0.72 pp
2001 19.37 +2.78 pp
2000 16.59 +1.8 pp
1999 14.8 −0.25 pp
1998 15.04 +0.63 pp
1997 14.41 +0.4 pp
1996 14.01 +0.97 pp
1995 13.04 −0.76 pp
1994 13.8 −2.69 pp
1993 16.49 −0.33 pp
1992 16.82 +0.69 pp
1991 16.13 −2.95 pp
1990 19.09 −20.17 pp
1989 39.25 +4.7 pp
1988 34.55 +3.64 pp
1987 30.91 −2.05 pp
1986 32.96 +0.99 pp
1985 31.98 +7.74 pp
1984 24.23 +2.66 pp
1983 21.57 −0.05 pp
1982 21.62 −1.15 pp
1981 22.77 +3.22 pp
1980 19.55 +3.57 pp
1979 15.98 +5.2 pp
1978 10.78 —

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

FJ Fiji 115.35 VU Vanuatu 48.52 SB Solomon Islands 33.69 PG Papua New Guinea 16.29
Full table for all countries

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for the Solomon Islands

Finance Broad money (% of GDP)

The amount of money in the economy as a percent of GDP — the depth of the financial system.

Solomon Islands by year Finance Lending interest rate

The average rate at which banks lend to businesses and households.

Solomon Islands by year Finance Bank branches

How many bank branches there are per 100,000 adults.

Solomon Islands by year
All indicators for the Solomon Islands