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Solomon Islands Debt Service

Total debt service as % of exports  DT.TDS.DECT.EX.ZS

Solomon Islands's debt service was 2.98% in 2025, ranked 99th globally. This represents a 18.2% decrease from 2024. Data from World Bank, covering 1978–2025.

2.98% −0.67% (-18.2%)
Year 2025 Rank #99 Global Peak 14.64% (2004) Source World Bank

Solomon Islands Debt Service (1978–2025)

Overview

Solomon Islands's debt service stood at 2.98% in 2025, a decline of +0.67% from 2024. Based on recent trends, this figure is projected to reach 2.98% by 2025. Solomon Islands ranked 99th globally.

The Solomon Islands' debt service ratio, measured as a percentage of GNI, has exhibited a significant fluctuation over the 48-year period from 1978 to 2025. The ratio peaked in 2004 at 14.64, indicating a substantial strain on the country's financial resources. Conversely, the all-time low of 0.04 in 1978 suggests a relatively modest burden during that era. As of 2025, the Solomon Islands' debt service ratio has declined to 2.98, ranking 99th globally. This decline is comparable to that of St. Lucia, which also experienced a significant decrease in its debt service ratio over the same period. The Solomon Islands' debt service ratio has shown a downward trend, potentially indicating an easing of the country's financial strain. However, a potential increase in global interest rates or a decline in the country's economic growth rate could alter this trajectory and lead to a resurgence in the debt service ratio.

Data & projection

Year Debt Service YoY change Rank
2027* trend 2.31% - -
2026* trend 2.65% - -
2025* trend 2.98% - -
2025 2.98% −0.67% #99
2024 3.65% −1.24% #10
2023 4.88% +2.47% #12
2022 2.41% −0.04% #9
2021 2.45% −4.09% #11
2020 6.54% +2.51% #24
2019 4.03% −0.87% #18
2018 4.90% +0.21% #25
2017 4.69% +0.84% #26
2016 3.85% +1.42% #16
2015 2.43% −0.40% #11
2014 2.82% −4.48% #18
2013 7.31% +2.73% #53
2012 4.58% +1.88% #35
2011 2.70% −3.48% #24
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 debt service improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's debt service?▾

Solomon Islands's debt service was 2.98% in 2025. Ranked 99th globally. This represents a 18.2% decrease from the previous year.

What was the highest debt service in Solomon Islands?▾

Solomon Islands's debt service peaked at 14.64% in 2004.

What was the lowest debt service in Solomon Islands?▾

The lowest debt service in Solomon Islands was 0.04% in 1978.

How does Solomon Islands rank in debt service?▾

Solomon Islands ranks 99th globally in debt service as of 2025.

What is the World Bank indicator code for debt service?▾

The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.

What is the projected debt service of Solomon Islands in 2025?▾

Solomon Islands's debt service is projected to reach 2.98% by 2025 based on trend extrapolation.

What is the debt service of Solomon Islands in 2025?▾

The debt service of Solomon Islands in 2025 was 2.98%. This ranks 99th in the world.

Cite this page

APA
Solomon Islands Debt Service. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/solomon-islands/debt-service/
BibTeX
@misc{historysaid_solomon-islands_debt-service, title = {Solomon Islands Debt Service}, url = {https://historysaid.com/solomon-islands/debt-service/}, publisher = {HistorySaid}, year = {2026} }
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