Broad money to total reserves ratio in Solomon Islands
Solomon Islands: Broad money to total reserves ratio was 1.1 in 2024. ◆ Volatile
Broad money to total reserves ratio in Solomon Islands, 1978–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Solomon Islands is 1.1, measured in 2024.
Compared with earlier readings it is up 3.2% on the previous year and up 11.2% over ten years.
Over the whole period, broad money to total reserves ratio in Solomon Islands peaked at 7.48 in 1991 and was at its lowest, 0.8285, in 2011.
That places Solomon Islands 150th out of 158 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.15 | 1.07 | 1.24 | 2 |
| 1980s | 1.4 | 0.8755 | 2.13 | 10 |
| 1990s | 3.96 | 1.82 | 7.48 | 10 |
| 2000s | 2.2 | 1.08 | 4.36 | 10 |
| 2010s | 0.9948 | 0.8285 | 1.16 | 10 |
| 2020s | 1.05 | 0.9904 | 1.1 | 5 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Domestic credit to private sector 33.7% (2024)
- Claims on central government, etc. 0.8% (2024)
- Broad money 47.8% (2024)
- Monetary Sector credit to private sector 21.7% (2024)
- Net foreign assets 5.65 billion current LCU (2024)
- Net domestic credit 2.39 billion current LCU (2024)
- Net migration 1,631 (2025)
- Total reserves in months of imports 8.9 (2024)
- Domestic credit to private sector by banks 21.5% (2024)
- Official exchange rate 8.33 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Solomon Islands?
- Broad money to total reserves ratio in Solomon Islands was 1.1 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Solomon Islands?
- The highest recorded value was 7.48 in 1991.
- What is the lowest broad money to total reserves ratio recorded in Solomon Islands?
- The lowest recorded value was 0.8285 in 2011.
- How does Solomon Islands rank for broad money to total reserves ratio?
- Solomon Islands ranks 150th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Solomon Islands?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).