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Solomon Islands Credit to GDP

Domestic credit to private sector as % of GDP  FS.AST.PRVT.GD.ZS

Solomon Islands's credit to gdp was 34.97% in 2025, ranked 86th globally. This represents a 3.8% increase from 2024. Data from World Bank, covering 1978–2025.

34.97% +1.29% (+3.8%)
Year 2025 Rank #86 Global Peak 39.25% (1989) Source World Bank

Solomon Islands Credit to GDP (1978–2025)

Overview

Solomon Islands's credit to gdp stood at 34.97% in 2025, a rise of +1.29% from 2024. Based on recent trends, this figure is projected to reach 34.97% by 2025. Solomon Islands ranked 86th globally.

The Solomon Islands' credit to GDP ratio has experienced fluctuations over the past 48 years, with a notable peak in 1989 at 39.25 and a trough in 1978 at 10.78. The ratio has shown a general upward trend, reaching 34.97 in 2025, ranking 86th globally. A comparison with peer countries suggests that the Solomon Islands' credit to GDP ratio has been relatively stable in recent years, with Indonesia, for instance, boasting a slightly higher ratio of 35.01. The Solomon Islands' financial sector has likely benefited from government policies and economic growth, contributing to the increase in credit to GDP over the years. However, the current ratio remains below the 1989 peak, indicating that further economic development is required to match the country's potential. A sustained increase in foreign direct investment and economic reforms could potentially drive up the credit to GDP ratio in the coming years.

Data & projection

Year Credit to GDP YoY change Rank
2027* trend 35.81% - -
2026* trend 35.39% - -
2025* trend 34.97% - -
2025 34.97% +1.29% #86
2024 33.68% −1.10% #44
2023 34.78% +0.08% #62
2022 34.71% +1.88% #64
2021 32.83% +0.26% #65
2020 32.57% +1.83% #65
2019 30.74% +0.04% #65
2018 30.70% −2.53% #63
2017 33.23% −0.99% #66
2016 34.22% +1.21% #68
2015 33.01% +1.39% #65
2014 31.62% +2.31% #67
2013 29.31% +9.59% #64
2012 19.72% +0.88% #45
2011 18.84% −1.70% #44
Show all years (1978-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.0% GDP growth 2.5% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's credit to gdp?▾

Solomon Islands's credit to gdp was 34.97% in 2025. Ranked 86th globally. This represents a 3.8% increase from the previous year.

What was the highest credit to gdp in Solomon Islands?▾

Solomon Islands's credit to gdp peaked at 39.25% in 1989.

What was the lowest credit to gdp in Solomon Islands?▾

The lowest credit to gdp in Solomon Islands was 10.78% in 1978.

How does Solomon Islands rank in credit to gdp?▾

Solomon Islands ranks 86th globally in credit to gdp as of 2025.

What is the World Bank indicator code for credit to gdp?▾

The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.

What is the projected credit to gdp of Solomon Islands in 2025?▾

Solomon Islands's credit to gdp is projected to reach 34.97% by 2025 based on trend extrapolation.

What is the credit to gdp of Solomon Islands in 2025?▾

The credit to gdp of Solomon Islands in 2025 was 34.97%. This ranks 86th in the world.

Cite this page

APA
Solomon Islands Credit to GDP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/solomon-islands/credit-to-gdp/
BibTeX
@misc{historysaid_solomon-islands_credit-to-gdp, title = {Solomon Islands Credit to GDP}, url = {https://historysaid.com/solomon-islands/credit-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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