Total Credit — Value Standard Local Currency, 2015 prices in Solomon Islands
Solomon Islands: Total Credit — Value Standard Local Currency, 2015 prices was 3,820 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in Solomon Islands, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency, 2015 prices in Solomon Islands stood at 3,820 million SLC.
The figure is down 1.7% on the previous year and up 18.7% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Solomon Islands peaked at 3,920 million SLC in 2021 and was at its lowest, 631.97 million SLC, in 1991.
Solomon Islands ranks 145th of 165 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency, 2015 prices in Solomon Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 631.97 million SLC | — |
| 1992 | 733.68 million SLC | +16.1% |
| 1993 | 731.59 million SLC | -0.3% |
| 1994 | 661.61 million SLC | -9.6% |
| 1995 | 710.08 million SLC | +7.3% |
| 1996 | 800.55 million SLC | +12.7% |
| 1997 | 835.76 million SLC | +4.4% |
| 1998 | 929.61 million SLC | +11.2% |
| 1999 | 929.49 million SLC | -0.0% |
| 2000 | 923.56 million SLC | -0.6% |
| 2001 | 1,025 million SLC | +11.0% |
| 2002 | 991.06 million SLC | -3.3% |
| 2003 | 881.31 million SLC | -11.1% |
| 2004 | 897.65 million SLC | +1.9% |
| 2005 | 1,034 million SLC | +15.2% |
| 2006 | 1,296 million SLC | +25.3% |
| 2007 | 1,686 million SLC | +30.1% |
| 2008 | 1,943 million SLC | +15.2% |
| 2009 | 1,882 million SLC | -3.1% |
| 2010 | 1,784 million SLC | -5.2% |
| 2011 | 1,758 million SLC | -1.4% |
| 2012 | 1,883 million SLC | +7.1% |
| 2013 | 2,949 million SLC | +56.6% |
| 2014 | 3,219 million SLC | +9.2% |
| 2015 | 3,417 million SLC | +6.2% |
| 2016 | 3,739 million SLC | +9.4% |
| 2017 | 3,742 million SLC | +0.1% |
| 2018 | 3,552 million SLC | -5.1% |
| 2019 | 3,619 million SLC | +1.9% |
| 2020 | 3,705 million SLC | +2.4% |
| 2021 | 3,920 million SLC | +5.8% |
| 2022 | 3,883 million SLC | -0.9% |
| 2023 | 3,885 million SLC | +0.1% |
| 2024 | 3,820 million SLC | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 773.82 million SLC | 631.97 million SLC | 929.61 million SLC | 9 |
| 2000s | 1,256 million SLC | 881.31 million SLC | 1,943 million SLC | 10 |
| 2010s | 2,966 million SLC | 1,758 million SLC | 3,742 million SLC | 10 |
| 2020s | 3,843 million SLC | 3,705 million SLC | 3,920 million SLC | 5 |
Countries ranked near Solomon Islands
More agriculture & rural data for Solomon Islands
- Agriculture, forestry, and fishing, value added (current US$), annual 2.41 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2973 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 574.77 current US$ per person (2024)
- Rural population, annual growth rate 1.42 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.6869 units per person (2025)
- Agriculture share gdp 29.73 (2024)
- Value added in the agricultural sector as of gdp vs gdp per capita 29.73 (2024)
- Agricultural raw materials exports 73.3% (2018)
- Agricultural raw materials imports 0.7% (2018)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Solomon Islands?
- Total credit — value standard local currency, 2015 prices in Solomon Islands was 3,820 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Solomon Islands?
- The highest recorded value was 3,920 million SLC in 2021.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Solomon Islands?
- The lowest recorded value was 631.97 million SLC in 1991.
- How does Solomon Islands rank for total credit — value standard local currency, 2015 prices?
- Solomon Islands ranks 145th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Solomon Islands?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.