Solomon Islands Inflation Rate 1972-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Solomon Islands inflation rate for 2022 was 5.52%, a 5.63% increase from 2021.
  • Solomon Islands inflation rate for 2021 was -0.12%, a 3.08% decline from 2020.
  • Solomon Islands inflation rate for 2020 was 2.96%, a 1.33% increase from 2019.
  • Solomon Islands inflation rate for 2019 was 1.63%, a 1.83% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Djibouti 5.18%
Indonesia 4.21%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Solomon Islands Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 5.52% 5.63%
2021 -0.12% -3.08%
2020 2.96% 1.33%
2019 1.63% -1.83%
2018 3.46% 2.97%
2017 0.49% -0.02%
2016 0.51% 1.09%
2015 -0.57% -5.74%
2014 5.17% -0.23%
2013 5.39% -0.52%
2012 5.91% -1.43%
2011 7.34% 6.29%
2010 1.05% -6.04%
2009 7.09% -10.23%
2008 17.32% 9.65%
2007 7.67% -3.55%
2006 11.22% 3.89%
2005 7.33% 0.34%
2004 6.99% -1.28%
2003 8.27% -2.66%
2002 10.93% 4.00%
2001 6.93% -0.96%
2000 7.89% -0.13%
1999 8.02% -4.38%
1998 12.40% 4.32%
1997 8.08% -3.69%
1996 11.77% 2.15%
1995 9.63% -3.63%
1994 13.26% 4.09%
1993 9.17% -1.58%
1992 10.75% -4.30%
1991 15.05% 6.31%
1990 8.74% -6.19%
1989 14.93% -1.81%
1988 16.74% 5.75%
1987 10.99% -2.58%
1986 13.57% 4.00%
1985 9.57% -1.48%
1984 11.05% 4.81%
1983 6.23% -6.75%
1982 12.98% -3.42%
1981 16.40% 3.31%
1980 13.09% 5.04%
1979 8.06% 1.79%
1978 6.26% -2.35%
1977 8.62% 4.36%
1976 4.26% -5.81%
1975 10.07% -8.78%
1974 18.85% 15.62%
1973 3.23% -3.65%
1972 6.88% -3.65%