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household debts on the Solomon Islands

Gross debt on the Solomon Islands

The government debt of the Solomon Islands refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 1991 to 2021 was between 97.5 million and 268.5 million USD. The highest level of the last years at 268 million US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 379 USD per person. For comparison, the average debt per person in the same year in the European Union was 31,701 USD.


Back to overview: Solomon Islands

Gross debt for the last 30 years in millions of USD




YearSolomon Islands total% of GDPper capitaEU per capita
1991145.66 M USD63.99%454 USD6,198 USD
1992141.54 M USD52.60%429 USD7,328 USD
1995169.87 M USD36.18%473 USD12,276 USD
1996165.92 M USD32.49%449 USD13,038 USD
1997161.06 M USD30.59%424 USD11,925 USD
1998163.90 M USD35.81%419 USD11,978 USD
1999172.20 M USD35.29%429 USD11,204 USD
2000165.85 M USD39.49%402 USD9,175 USD
2001209.62 M USD51.20%494 USD9,104 USD
2002209.28 M USD60.41%481 USD10,039 USD
2003222.11 M USD63.01%497 USD12,356 USD
2004211.48 M USD53.19%461 USD14,056 USD
2005228.77 M USD47.97%487 USD14,655 USD
2006227.88 M USD42.30%474 USD15,092 USD
2007213.03 M USD34.35%433 USD16,757 USD
2008144.94 M USD20.73%288 USD19,361 USD
2009202.35 M USD27.50%393 USD20,190 USD
2010194.32 M USD22.95%368 USD21,506 USD
2011192.60 M USD18.34%356 USD24,311 USD
2012181.28 M USD15.22%326 USD23,897 USD
2013173.08 M USD13.47%303 USD26,085 USD
2014139.74 M USD10.46%238 USD26,871 USD
2015117.20 M USD8.96%191 USD22,892 USD
201697.47 M USD7.07%155 USD23,468 USD
2017124.44 M USD8.47%193 USD24,441 USD
2018130.69 M USD8.09%198 USD26,205 USD
2019128.71 M USD7.95%191 USD25,151 USD
2020209.75 M USD13.65%303 USD28,902 USD
2021268.45 M USD16.45%379 USD31,701 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      Solomon Islands       European Union


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