Solomon Islands: Financial development

The latest value from 2021 is 0.1 index points, an increase from 0.095 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for the Solomon Islands from 1980 to 2021 is 0.116 index points. The minimum value, 0.078 index points, was reached in 2005 while the maximum of 0.187 index points was recorded in 1989. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.