Interest payments (% of revenue) in Solomon Islands
Solomon Islands: Interest payments (% of revenue) was 1.5% in 2024. ◆ Volatile
Interest payments in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Solomon Islands is 1.5%, measured in 2024. That is the highest value across all 14 years on record.
The figure is up 78.5% on the previous year and up 350.6% over ten years.
Over the whole period, interest payments in Solomon Islands peaked at 1.5% in 2024 and was at its lowest, 0.2%, in 2018.
Solomon Islands ranks 135th of 155 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of revenue) in Solomon Islands, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2011 | 0.8% | — |
| 2012 | 0.6% | -26.9% |
| 2013 | 0.3% | -44.1% |
| 2014 | 0.3% | -6.2% |
| 2015 | 0.3% | -19.0% |
| 2016 | 0.3% | +3.6% |
| 2017 | 0.3% | +13.8% |
| 2018 | 0.2% | -27.7% |
| 2019 | 0.4% | +100.3% |
| 2020 | 0.5% | +15.0% |
| 2021 | 0.6% | +16.2% |
| 2022 | 1.2% | +105.5% |
| 2023 | 0.8% | -33.5% |
| 2024 | 1.5% | +78.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.5% is below the median for lower middle income countries, which is 8.6%, 17% of the median. (36 countries reporting)
- Solomon Islands's 1.5% is below the median for East Asia & Pacific, which is 3.3%, 45% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4% | 0.2% | 0.8% | 9 |
| 2020s | 0.9% | 0.5% | 1.5% | 5 |
Countries ranked near Solomon Islands
More public sector data for Solomon Islands
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is interest payments in Solomon Islands?
- Interest payments in Solomon Islands was 1.5% in 2024, 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 1.5% in 2024.
- What is the lowest interest payments recorded in Solomon Islands?
- The lowest recorded value was 0.2% in 2018.
- How does Solomon Islands rank for interest payments?
- Solomon Islands ranks 135th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Solomon Islands?
- Over the last ten years it is up 350.6%. The long-run trend across the full record is volatile.
- 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 revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.