Short-term debt in Solomon Islands
Solomon Islands: Short-term debt was 4.3% in 2024. ◆ Volatile
Short-term debt in Solomon Islands, 1978–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Solomon Islands recorded 4.3% for short-term debt in 2024.
That represents a change of down 28.2% on the previous year and up 41.0% over ten years.
Over the whole period, short-term debt in Solomon Islands peaked at 363.1% in 1991 and was at its lowest, 0.0%, in 1989.
That places Solomon Islands 92nd out of 112 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Solomon Islands, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1978 | 6.9% | — |
| 1979 | 2.7% | -60.5% |
| 1980 | 6.8% | +149.7% |
| 1981 | 13.9% | +105.7% |
| 1982 | 8.1% | -42.0% |
| 1983 | 6.3% | -21.3% |
| 1984 | 8.9% | +41.2% |
| 1985 | 25.3% | +182.5% |
| 1986 | 10.1% | -59.9% |
| 1987 | 3.9% | -61.1% |
| 1988 | 4.1% | +3.6% |
| 1989 | 0.0% | -100.0% |
| 1990 | 94.5% | — |
| 1991 | 363.1% | +284.4% |
| 1992 | 7.7% | -97.9% |
| 1993 | 30.5% | +297.1% |
| 1994 | 11.5% | -62.4% |
| 1995 | 60.7% | +428.9% |
| 1996 | 4.4% | -92.7% |
| 1997 | 6.1% | +36.5% |
| 1998 | 5.8% | -3.5% |
| 1999 | 9.3% | +58.5% |
| 2000 | 10.0% | +8.3% |
| 2001 | 24.3% | +141.8% |
| 2002 | 23.3% | -4.1% |
| 2003 | 21.8% | -6.3% |
| 2004 | 15.1% | -30.6% |
| 2005 | 16.1% | +6.6% |
| 2006 | 14.9% | -7.4% |
| 2007 | 2.8% | -81.3% |
| 2008 | 3.4% | +23.2% |
| 2009 | 1.7% | -49.8% |
| 2010 | 1.5% | -12.7% |
| 2011 | 3.1% | +106.6% |
| 2012 | 0.4% | -87.1% |
| 2013 | 0.6% | +43.7% |
| 2014 | 3.0% | +423.8% |
| 2015 | 4.2% | +38.5% |
| 2016 | 6.8% | +61.5% |
| 2017 | 4.9% | -28.1% |
| 2018 | 7.0% | +43.7% |
| 2019 | 6.3% | -9.3% |
| 2020 | 4.1% | -35.9% |
| 2021 | 7.4% | +83.7% |
| 2022 | 9.0% | +20.5% |
| 2023 | 5.9% | -33.9% |
| 2024 | 4.3% | -28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.8% | 2.7% | 6.9% | 2 |
| 1980s | 8.7% | 0.0% | 25.3% | 10 |
| 1990s | 59.4% | 4.4% | 363.1% | 10 |
| 2000s | 13.4% | 1.7% | 24.3% | 10 |
| 2010s | 3.8% | 0.4% | 7.0% | 10 |
| 2020s | 6.1% | 4.1% | 9.0% | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1009 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 195.12 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.8532 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,650 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0877 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 169.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
Frequently asked questions
- What is short-term debt in Solomon Islands?
- Short-term debt in Solomon Islands was 4.3% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Solomon Islands?
- The highest recorded value was 363.1% in 1991.
- What is the lowest short-term debt recorded in Solomon Islands?
- The lowest recorded value was 0.0% in 1989.
- How does Solomon Islands rank for short-term debt?
- Solomon Islands ranks 92nd out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Solomon Islands?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.