Annual inflation, consumer prices in Solomon Islands
Solomon Islands: Annual inflation, consumer prices was 4.3% in 2024. ◆ Volatile
Annual inflation, consumer prices in Solomon Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Solomon Islands recorded 4.3% for annual inflation, consumer prices in 2024.
Compared with earlier readings it is down 26.6% on the previous year and down 16.3% over ten years.
Over the whole period, annual inflation, consumer prices in Solomon Islands peaked at 17.3% in 2008 and was at its lowest, -0.6%, in 2015.
That places Solomon Islands 71st out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.9% | — |
| 2001 | 6.9% | -12.2% |
| 2002 | 10.9% | +57.8% |
| 2003 | 8.3% | -24.3% |
| 2004 | 7.0% | -15.5% |
| 2005 | 7.3% | +4.9% |
| 2006 | 11.2% | +53.1% |
| 2007 | 7.7% | -31.7% |
| 2008 | 17.3% | +125.9% |
| 2009 | 7.1% | -59.0% |
| 2010 | 1.1% | -85.2% |
| 2011 | 7.3% | +598.3% |
| 2012 | 5.9% | -19.5% |
| 2013 | 5.4% | -8.8% |
| 2014 | 5.2% | -4.2% |
| 2015 | -0.6% | -111.1% |
| 2016 | 0.5% | -189.2% |
| 2017 | 0.5% | -4.6% |
| 2018 | 3.5% | +608.3% |
| 2019 | 1.6% | -52.8% |
| 2020 | 3.0% | +81.3% |
| 2021 | -0.1% | -103.9% |
| 2022 | 5.5% | -4880.2% |
| 2023 | 5.9% | +6.7% |
| 2024 | 4.3% | -26.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 4.3% is below the median for lower middle income countries, which is 5.0%, 87% of the median. (43 countries reporting)
- Solomon Islands's 4.3% is above the median for East Asia & Pacific, which is 2.4%, 1.8× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +4880.2% | -0.1% | 5.5% |
| 2018 | +608.3% | 0.5% | 3.5% |
| 2011 | +598.3% | 1.1% | 7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.2% | 6.9% | 17.3% | 10 |
| 2010s | 3.0% | -0.6% | 7.3% | 10 |
| 2020s | 3.7% | -0.1% | 5.9% | 5 |
Countries ranked near Solomon Islands
More development goals data for Solomon Islands
- Red List Index 0.7681 index (2025)
- Number of refugees per 100,000 population, by country of origin 6.32 per 100,000 people (2025)
- Manufacturing value added per capita 189.21 constant US$ (2025)
- Number of transboundary breeds 28 (2025)
- Number of transboundary breeds (not extinct) 28 (2025)
- Number of transboundary breeds with unknown risk status 28 (2025)
- Number of local breeds with unknown risk status 8 (2025)
- Number of local breeds (not extinct) 8 (2025)
- Number of local breeds kept in the country 8 (2025)
- Infant deaths 355 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Solomon Islands?
- Annual inflation, consumer prices in Solomon Islands was 4.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Solomon Islands?
- The highest recorded value was 17.3% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Solomon Islands?
- The lowest recorded value was -0.6% in 2015.
- How does Solomon Islands rank for annual inflation, consumer prices?
- Solomon Islands ranks 71st out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Solomon Islands?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).