Interest payments in Solomon Islands
Solomon Islands: Interest payments was 1.3% in 2022. ▲ Rising
Interest payments in Solomon Islands, 2011–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Solomon Islands recorded 1.3% for interest payments in 2022. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 81.7% on the previous year and up 52.6% over ten years.
Over the whole period, interest payments in Solomon Islands peaked at 1.3% in 2022 and was at its lowest, 0.3%, in 2018.
Solomon Islands ranks 138th of 152 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5% | 0.3% | 1.1% | 9 |
| 2020s | 0.9% | 0.6% | 1.3% | 3 |
Countries ranked near Solomon Islands
More public sector data for Solomon Islands
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 37.4% (2024)
- Other taxes 0.9% (2020)
- Compensation of employees 47.3% (2022)
- Goods and services expense 38.5% (2022)
Frequently asked questions
- What is interest payments in Solomon Islands?
- Interest payments in Solomon Islands was 1.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Solomon Islands?
- The highest recorded value was 1.3% in 2022.
- What is the lowest interest payments recorded in Solomon Islands?
- The lowest recorded value was 0.3% in 2018.
- How does Solomon Islands rank for interest payments?
- Solomon Islands ranks 138th out of 152 countries with data for 2022.
- Is interest payments rising or falling in Solomon Islands?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.