Solomon Islands Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Solomon Islands's government debt to gdp was 23.74% in 2025, ranked 164th globally. This represents a 7.5% increase from 2024. Data from IMF WEO, covering 1997–2025.
Overview
Solomon Islands's government debt to gdp stood at 23.74% in 2025, a rise of +1.66% from 2024. The IMF projects 23.74% by 2025. Solomon Islands ranked 164th globally.
The Solomon Islands' government debt to GDP ratio has exhibited significant fluctuations over the past 29 years, with a notable all-time peak of 65.72 in 2002 and an all-time trough of 7.54 in 2016. Following a decline in the early 2000s, the ratio steadily increased, reaching its highest level in 2025 at 23.74, ranking the country 164th globally. In comparison to its peer countries, the Solomon Islands' debt to GDP ratio is relatively lower than that of Estonia, which stands at 24.41, but higher than Azerbaijan's 22.39. The significant decrease in debt between 2002 and 2016 suggests a period of fiscal consolidation, potentially driven by efforts to reduce the country's reliance on foreign aid. The current debt to GDP ratio remains relatively low, indicating a manageable level of government borrowing. However, a potential increase in borrowing to finance infrastructure development or respond to external shocks could alter the trajectory of this trend.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 31.05% | - | - |
| 2029* IMF | 29.76% | - | - |
| 2028* IMF | 28.23% | - | - |
| 2027* IMF | 26.61% | - | - |
| 2026* IMF | 25.15% | - | - |
| 2025* IMF | 23.74% | - | - |
| 2025 | 23.74% | +1.66% | #164 |
| 2024 | 22.09% | +1.78% | #17 |
| 2023 | 20.30% | +4.80% | #15 |
| 2022 | 15.51% | −0.43% | #10 |
| 2021 | 15.94% | +3.10% | #9 |
| 2020 | 12.84% | +5.02% | #8 |
| 2019 | 7.82% | −0.13% | #5 |
| 2018 | 7.95% | −0.82% | #5 |
| 2017 | 8.77% | +1.24% | #6 |
| 2016 | 7.54% | −0.34% | #5 |
| 2015 | 7.88% | −2.27% | #9 |
| 2014 | 10.14% | −1.43% | #13 |
| 2013 | 11.57% | −1.70% | #17 |
| 2012 | 13.27% | −5.08% | #22 |
| 2011 | 18.34% | −4.60% | #28 |
Detected Pattern
Analysis
Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Solomon Islands's government debt to gdp was 23.74% in 2025. Ranked 164th globally. This represents a 7.5% increase from the previous year.
Solomon Islands's government debt to gdp peaked at 65.72% in 2002.
The lowest government debt to gdp in Solomon Islands was 7.54% in 2016.
Solomon Islands ranks 164th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Solomon Islands's government debt to gdp is projected to reach 23.74% by 2025 based on IMF projection.
The government debt to gdp of Solomon Islands in 2025 was 23.74%. This ranks 164th in the world.
Cite this page
@misc{historysaid_solomon-islands_government-debt-to-gdp,
title = {Solomon Islands Government Debt to GDP},
url = {https://historysaid.com/solomon-islands/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}