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Solomon Islands Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Solomon Islands's inflation rate was 3.44% in 2025, ranked 90th globally. This represents a 20.3% decrease from 2024. Data from World Bank, covering 1972–2025.

3.44% −0.88pp (-20.3%)
Year 2025 Rank #90 Global Peak 18.85% (1974) Source World Bank

Solomon Islands Inflation Rate (1972–2025)

Overview

Solomon Islands's inflation rate stood at 3.44% in 2025, a decline of +0.88pp from 2024. The IMF projects 3.44% by 2025. Solomon Islands ranked 90th globally.

The Solomon Islands have experienced a relatively stable inflation rate over the past five decades, with a notable decline in inflation since the 1970s. The country's all-time peak inflation rate of 18.85% occurred in 1974, significantly higher than the global average. Conversely, the Solomon Islands posted an all-time trough inflation rate of -0.57% in 2015, indicating a period of deflation. Currently, the Solomon Islands' inflation rate stands at 3.44%, placing it 90th globally. This recent inflation rate is comparable to that of Antigua and Barbuda, where the rate is slightly higher at 3.45%. The Solomon Islands' inflation rate has shown a general trend of decline since the 1970s, mirroring the stabilization and eventual decline of inflation in many developed economies, such as the United Kingdom, where the inflation rate has also been trending downward. The trend of decreasing inflation is likely to continue, provided the Solomon Islands maintains economic stability and prudent monetary policies.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 3.32% - -
2029* IMF 3.32% - -
2028* IMF 3.32% - -
2027* IMF 3.34% - -
2026* IMF 3.69% - -
2025* IMF 3.44% - -
2025 3.44% −0.88pp #90
2024 4.32% −0.77pp #128
2023 5.89% +0.48pp #100
2022 5.52% +5.34pp #52
2021 -0.12% −3.04pp #5
2020 2.96% +0.74pp #122
2019 1.63% −1.97pp #78
2018 3.46% +2.96pp #128
2017 0.49% −0.01pp #21
2016 0.51% +1.08pp #65
2015 -0.57% −5.87pp #30
2014 5.17% −0.08pp #149
2013 5.39% −0.52pp #144
2012 5.91% −1.51pp #143
2011 7.34% +6.44pp #146
Show all years (1972-2025)
* IMF World Economic Outlook projection

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 inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's inflation rate?▾

Solomon Islands's inflation rate was 3.44% in 2025. Ranked 90th globally. This represents a 20.3% decrease from the previous year.

What was the highest inflation rate in Solomon Islands?▾

Solomon Islands's inflation rate peaked at 18.85% in 1974.

What was the lowest inflation rate in Solomon Islands?▾

The lowest inflation rate in Solomon Islands was -0.57% in 2015.

How does Solomon Islands rank in inflation rate?▾

Solomon Islands ranks 90th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Solomon Islands in 2025?▾

Solomon Islands's inflation rate is projected to reach 3.44% by 2025 based on IMF projection.

What is the inflation rate of Solomon Islands in 2025?▾

The inflation rate of Solomon Islands in 2025 was 3.44%. This ranks 90th in the world.

Cite this page

APA
Solomon Islands Inflation Rate. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/solomon-islands/inflation-rate/
BibTeX
@misc{historysaid_solomon-islands_inflation-rate, title = {Solomon Islands Inflation Rate}, url = {https://historysaid.com/solomon-islands/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }
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