Solomon Islands's domestic credit to private sector by banks (% of GDP) was 20.23% in 2025, the latest year in the World Bank's World Development Indicators. That is up 1.1 percentage points from 19.13% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 20.23% | 2025 |
| Five years earlier | 20.71% | 2020 |
| Ten years earlier | 19.13% | 2015 |
| Highest | 24% | 1989 |
| Lowest | 5.87% | 1978 |
| Average since 2016 | 20.63% | 2016–2025 |
| First recorded | 5.87% | 1978 |
What the numbers say
In 2025, Solomon Islands' domestic credit to private sector by banks (% of GDP) fell 1.29 percentage points on 2024 (from 21.52% to 20.23%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.43 percentage points and a typical year strayed about 1.67 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 6.3 percentage points in 1985 and the biggest yearly fall was 8.26 percentage points in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 0.17 percentage points a year. A straight line explains 32% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Solomon Islands had the 89th highest value of the 110 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Solomon Islands | 20.23% | 2025 |
| World | 91.32% | 2024 |
| East Asia & Pacific | 164.49% | 2024 |
| Lower middle income | 38.1% | 2025 |
Closest to Solomon Islands in the 2025 ranking
What this measures
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 48 values
| Year | Domestic credit to private sector by banks (% of GDP) |
|---|---|
| 2025 | 20.23 |
| 2024 | 21.52 |
| 2023 | 21.73 |
| 2022 | 21.9 |
| 2021 | 20.77 |
| 2020 | 20.71 |
| 2019 | 19.7 |
| 2018 | 19.15 |
| 2017 | 20.38 |
| 2016 | 20.26 |
| 2015 |
Domestic credit to private sector by banks (% of GDP) in nearby economies
- Australia — 133.79% (2025)
- Brunei Darussalam — 39.07% (2025)
- Cambodia — 120.63% (2025)
- China — 194.31% (2024)
- Fiji — 78.28% (2025)
- Hong Kong SAR, China — 222.65% (2025)
- Indonesia — 31.78% (2025)
- Japan — 114.38% (2025)
- Korea, Rep. — 160.35% (2024)
More financial sector data for Solomon Islands
- DEC alternative conversion factor (LCU per US$) — US$8.33 (2025)
- Official exchange rate (LCU per US$, period average) — US$8.33 (2025)
- Consumer price index (2010 = 100) — 164.87 (2025)
- Inflation, consumer prices (annual % growth) — 3.36% (2025)
- Net domestic credit (current LCU) — 2.56 billion (2025)
- Net foreign assets (current LCU) — 7.17 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 20.45% (2025)
- Broad money (current LCU) — 8 billion (2025)
- Broad money (% of GDP) — 54.88% (2025)
Reading data like this
Questions people ask
- What is Solomon Islands's domestic credit to private sector by banks (% of GDP)?
- 20.23% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1978?
- It is up 14.36 percentage points from 5.87% in 1978. The highest value was 24% in 1989 and the lowest 5.87% in 1978.
- How does Solomon Islands rank?
- 89th highest of 110 economies with data for 2025.
- Is the latest change in domestic credit to private sector by banks (% of GDP) unusual for Solomon Islands?
- In 2025, Solomon Islands' domestic credit to private sector by banks (% of GDP) fell 1.29 percentage points on 2024 (from 21.52% to 20.23%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.43 percentage points and a typical year strayed about 1.67 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator FD.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in