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Inflation rates on the Solomon Islands

The inflation rate for consumer prices on the Solomon Islands moved over the past 49 years between -0.6% and 18.9%. For 2021, an inflation rate of -0.1% was calculated.

During the observation period from 1972 to 2021, the average inflation rate was 8.6% per year. Overall, the price increase was 5,463.72%. An item that cost 100 Dollar in 1972 cost 5,563.72 Dollar in the beginning of 2022.


Inflation rates in global comparison


Back to overview: Solomon Islands

Performance over the last 49 years compared with the USA

In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1971:Performance on the Solomon Islands

      Solomon Islands       USA


Inflation calculator for the Solomon Islands

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1000 Dollar in 1972 corresponds to 55,637.16 Dollar at the beginning of 2022 due to inflation.

Original amount in Dollar:


Start year:


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Inflation rates for consumer goods on the Solomon Islands

Inflation rates for consumer goods on the Solomon Islands

      Solomon Islands       USA

Historical inflation rates in comparison

YearSolomon IslandsØ EUØ USAØ World
2021-0.12 %2.55 %4.70 %3.42 %
20202.96 %0.50 %1.23 %1.92 %
20191.63 %1.63 %1.81 %2.19 %
20183.46 %1.74 %2.44 %2.44 %
20170.49 %1.43 %2.13 %2.19 %
20160.51 %0.18 %1.26 %1.55 %
2015-0.57 %-0.06 %0.12 %1.43 %
20145.17 %0.20 %1.62 %2.35 %
20135.39 %1.22 %1.46 %2.62 %
20125.91 %2.66 %2.07 %3.73 %
20117.34 %3.29 %3.16 %4.82 %
20101.05 %1.53 %1.64 %3.35 %
20097.09 %0.84 %-0.36 %2.94 %
200817.32 %4.16 %3.84 %8.95 %
20077.67 %2.51 %2.85 %4.82 %
200611.22 %2.67 %3.23 %4.28 %
20057.33 %2.49 %3.39 %4.11 %
20046.99 %2.29 %2.68 %3.38 %
20038.27 %2.09 %2.27 %3.03 %
200210.93 %2.42 %1.59 %2.83 %
20016.93 %3.37 %2.83 %3.84 %
20007.89 %3.15 %3.38 %3.49 %
19998.02 %2.16 %2.19 %3.08 %
199812.40 %2.42 %1.55 %5.11 %
19978.08 %3.11 %2.34 %5.57 %
199611.77 %3.56 %2.93 %6.55 %
19959.63 %4.43 %2.81 %9.15 %
199413.26 %4.72 %2.61 %10.32 %
19939.17 %4.85 %2.95 %7.51 %
199210.75 %6.22 %3.03 %7.71 %
199115.05 %5.48 %4.23 %9.00 %
19908.74 %6.15 %5.40 %8.13 %
198914.93 %6.26 %4.83 %7.00 %
198816.74 %4.54 %4.08 %7.15 %
198710.99 %4.02 %3.66 %5.76 %
198613.57 %3.68 %1.90 %5.82 %
19859.57 %5.40 %3.55 %6.86 %
198411.05 %7.67 %4.30 %8.12 %
19836.23 %8.67 %3.21 %8.77 %
198212.98 %9.58 %6.13 %10.24 %
198116.40 %11.77 %10.33 %12.47 %
198013.09 %12.91 %13.55 %13.98 %
19798.06 %8.22 %11.25 %n/a
19786.26 %7.76 %7.63 %n/a
19778.62 %9.77 %6.50 %n/a
19764.26 %9.35 %5.74 %n/a
197510.07 %10.47 %9.14 %n/a
197418.85 %13.16 %11.05 %n/a
19733.23 %7.75 %6.18 %n/a
19726.88 %6.01 %3.27 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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