Solomon Islands Inflation Rate 1972-2020

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 2019 was 1.63%, a 1.83% decline from 2018.
  • Solomon Islands inflation rate for 2018 was 3.46%, a 2.97% increase from 2017.
  • Solomon Islands inflation rate for 2017 was 0.49%, a 0.02% decline from 2016.
  • Solomon Islands inflation rate for 2016 was 0.51%, a 1.09% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 50.99%
Angola 17.15%
Nigeria 11.40%
Pakistan 10.58%
Zambia 9.15%
Myanmar 8.83%
Ukraine 7.89%
India 7.66%
Mongolia 7.30%
Ghana 7.18%
Tunisia 6.72%
Bangladesh 5.59%
Nicaragua 5.38%
Lesotho 5.19%
Georgia 4.85%
Moldova 4.84%
Honduras 4.37%
Papua New Guinea 3.64%
Sri Lanka 3.53%
Lao PDR 3.32%
Djibouti 3.32%
Indonesia 3.03%
Vietnam 2.80%
Vanuatu 2.76%
Bhutan 2.73%
Kosovo 2.68%
Philippines 2.48%
Cameroon 2.45%
Mauritania 2.30%
Congo, Rep. 2.21%
Bolivia 1.84%
Solomon Islands 1.63%
West Bank and Gaza 1.58%
Kyrgyz Republic 1.13%
Cabo Verde 1.11%
Morocco 0.20%
El Salvador 0.08%
Solomon Islands Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%