Broad money to total reserves ratio (United Nations) in Solomon Islands
Solomon Islands: Broad money to total reserves ratio (United Nations) was 1.07 in 2023. ◆ Volatile
Broad money to total reserves ratio in Solomon Islands, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Solomon Islands recorded 1.07 for broad money to total reserves ratio in 2023.
That represents a change of down 0.7% on the previous year and up 18.2% over ten years.
Over the whole period, broad money to total reserves ratio in Solomon Islands peaked at 4.36 in 2001 and was at its lowest, 0.8285, in 2011.
Solomon Islands ranks 158th of 164 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (United Nations) in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.84 | — |
| 2001 | 4.36 | +53.7% |
| 2002 | 3.51 | -19.6% |
| 2003 | 1.97 | -43.8% |
| 2004 | 1.08 | -45.3% |
| 2005 | 1.32 | +22.2% |
| 2006 | 1.51 | +14.0% |
| 2007 | 1.57 | +4.5% |
| 2008 | 2.28 | +44.7% |
| 2009 | 1.56 | -31.6% |
| 2010 | 0.9677 | -37.8% |
| 2011 | 0.8285 | -14.4% |
| 2012 | 0.8349 | +0.8% |
| 2013 | 0.906 | +8.5% |
| 2014 | 0.9937 | +9.7% |
| 2015 | 1.02 | +2.3% |
| 2016 | 1.16 | +14.2% |
| 2017 | 1.08 | -6.7% |
| 2018 | 1.07 | -1.4% |
| 2019 | 1.09 | +1.8% |
| 2020 | 0.998 | -8.2% |
| 2021 | 0.9904 | -0.8% |
| 2022 | 1.08 | +8.8% |
| 2023 | 1.07 | -0.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.07 is below the median for lower middle income countries, which is 2.92, 37% of the median. (38 countries reporting)
- Solomon Islands's 1.07 is below the median for East Asia & Pacific, which is 3.15, 34% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2 | 1.08 | 4.36 | 10 |
| 2010s | 0.9948 | 0.8285 | 1.16 | 10 |
| 2020s | 1.03 | 0.9904 | 1.08 | 4 |
Countries ranked near Solomon Islands
- 155 Angola 1.14 compare
- 156 Equatorial Guinea 1.11 compare
- 157 Tajikistan 1.1 compare
- 159 Tonga 1.05 compare
- 160 Saudi Arabia 0.9475 compare
- 161 Afghanistan 0.7678 compare
More infrastructure data for Solomon Islands
- Mobile cellular subscriptions 484,835 (2022)
- Mobile cellular subscriptions 62.07 per 100 people (2022)
- Fixed telephone subscriptions 6,978 (2022)
- Fixed telephone subscriptions 0.8934 per 100 people (2022)
- Fixed telephone subscriptions, per capita 0.0089 units per person (2022)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2022)
- Fixed telephone subscriptions, annual growth rate -0.3143 % change on previous year (2022)
- Fixed telephone subscriptions, gaps filled 6,978 (2022)
- Mobile cellular subscriptions, per capita 0.6207 units per person (2022)
- Mobile cellular subscriptions, per unit of GDP 0.0003 units per US$ of GDP (2022)
Frequently asked questions
- What is broad money to total reserves ratio in Solomon Islands?
- Broad money to total reserves ratio in Solomon Islands was 1.07 in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Solomon Islands?
- The highest recorded value was 4.36 in 2001.
- 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 158th out of 164 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Solomon Islands?
- Over the last ten years it is up 18.2%. 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 Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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