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Solomon Islands Domestic Credit

Domestic credit provided by financial sector as % of GDP  FS.AST.DOMS.GD.ZS

Solomon Islands's domestic credit was 40.45% in 2025, ranked 39th globally. This represents a 11.5% increase from 2024. Data from World Bank, covering 1978–2025.

40.45% +4.17% (+11.5%)
Year 2025 Rank #39 Global Peak 48.57% (1989) Source World Bank

Solomon Islands Domestic Credit (1978–2025)

Overview

Solomon Islands's domestic credit stood at 40.45% in 2025, a rise of +4.17% from 2024. Based on recent trends, this figure is projected to reach 40.45% by 2025. Solomon Islands ranked 39th globally.

The Solomon Islands' domestic credit has experienced fluctuations over the past 48 years, with a notable peak of 48.57 in 1989 and a trough of 8.88 in 1978. The country's domestic credit has been steadily increasing, with the latest figure standing at 40.45 in 2025, ranking 39th globally. This growth is comparable to that of Kazakhstan, which holds a similar ranking of 41.32. In contrast, countries with lower domestic credit, such as Uganda with 36.13, present opportunities for the Solomon Islands to expand its financial sector. The Solomon Islands' domestic credit has shown a slow but consistent increase, indicating a gradual expansion of its financial system. However, a decline in economic growth, a significant increase in debt, or a shift in government economic policies could alter this trajectory and impact the country's domestic credit in the future.

Data & projection

Year Domestic Credit YoY change Rank
2027* trend 45.36% - -
2026* trend 42.90% - -
2025* trend 40.45% - -
2025 40.45% +4.17% #39
2024 36.28% −0.49% #8
2023 36.77% +1.72% #11
2022 35.05% +5.17% #12
2021 29.88% +2.42% #7
2020 27.46% +1.84% #5
2019 25.62% +1.27% #6
2018 24.35% −0.91% #5
2017 25.26% −0.79% #6
2016 26.06% +4.53% #5
2015 21.52% +2.28% #3
2014 19.24% +1.92% #2
2013 17.32% +7.14% #2
2012 10.18% −1.60% #1
2011 11.78% −8.53% #2
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 domestic credit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's domestic credit?▾

Solomon Islands's domestic credit was 40.45% in 2025. Ranked 39th globally. This represents a 11.5% increase from the previous year.

What was the highest domestic credit in Solomon Islands?▾

Solomon Islands's domestic credit peaked at 48.57% in 1989.

What was the lowest domestic credit in Solomon Islands?▾

The lowest domestic credit in Solomon Islands was 8.88% in 1978.

How does Solomon Islands rank in domestic credit?▾

Solomon Islands ranks 39th globally in domestic credit as of 2025.

What is the World Bank indicator code for domestic credit?▾

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

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

Solomon Islands's domestic credit is projected to reach 40.45% by 2025 based on trend extrapolation.

What is the domestic credit of Solomon Islands in 2025?▾

The domestic credit of Solomon Islands in 2025 was 40.45%. This ranks 39th in the world.

Cite this page

APA
Solomon Islands Domestic Credit. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/solomon-islands/domestic-credit/
BibTeX
@misc{historysaid_solomon-islands_domestic-credit, title = {Solomon Islands Domestic Credit}, url = {https://historysaid.com/solomon-islands/domestic-credit/}, publisher = {HistorySaid}, year = {2026} }
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