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Solomon Islands

Solomon Islands Financial sector Stats

Definitions

  • Assets > Claims on private sector > Annual growth as % of M2: Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government."
  • Assets > Net foreign assets > Current LCU: Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency."
  • Capital markets > Financing via international capital markets > Gross inflows > % of GDP: Financing via international capital markets is the sum of gross bond issuance, bank lending and new equity placement. Bond issuance is the notional amount of bond issuance by government, public and private sector borrowers in international capital markets. Bank lending is the committed amount of funds raised by government, public and private sector borrowers via international syndicated lending. Equity placement is the notional amount of cross-border equity placement."
  • Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Exchange rates and prices > Inflation > Consumer prices > Annual %: 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."
  • Exchange rates and prices > Inflation > GDP deflator > Annual %: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
  • Exchange rates and prices > Real effective exchange rate index > 2005 = 100: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
  • Interest rates > Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Interest rates > Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Interest rates > Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Interest rates > Risk premium on lending > Prime rate minus treasury bill rate: Risk premium on lending is the interest rate charged by banks on loans to prime private sector customers minus the ""risk free"" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government."
  • Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio: Ratio of bank liquid reserves to bank assets is the ratio of domestic currency holdings and deposits with the monetary authorities to claims on other governments, nonfinancial public enterprises, the private sector, and other banking institutions."
  • Monetary holdings > Liabilities > Money > Current LCU: Money is the sum of currency outside banks and demand deposits other than those of central government. This series, frequently referred to as M1 is a narrower definition of money than M2. Data are in current local currency."
  • Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
STAT AMOUNT DATE RANK HISTORY
Assets > Claims on private sector > Annual growth as % of M2 19.48% 2008 44th out of 143
Assets > Net foreign assets > Current LCU 844.58 million 2008 118th out of 145
Capital markets > Financing via international capital markets > Gross inflows > % of GDP 0.0 2009 76th out of 126
Exchange rates and prices > GDP deflator > Base year varies by country 143.89 2009 110th out of 162
Exchange rates and prices > Inflation > Consumer prices > Annual % 7.09% 2009 35th out of 161
Exchange rates and prices > Inflation > GDP deflator > Annual % 8.12% 2009 28th out of 163
Exchange rates and prices > Real effective exchange rate index > 2005 = 100 121 2009 13th out of 91
Interest rates > Deposit interest rate 1% 2008 118th out of 123
Interest rates > Interest rate spread > Lending rate minus deposit rate 13.44% 2008 9th out of 103
Interest rates > Lending interest rate 15.26% 2009 37th out of 114
Interest rates > Real interest rate 6.61% 2009 60th out of 102
Interest rates > Risk premium on lending > Prime rate minus treasury bill rate 11.26% 2009 8th out of 59
Monetary holdings > Liabilities > Bank liquid > Reserves to bank assets ratio 12.26% 2008 57th out of 158
Monetary holdings > Liabilities > Money > Current LCU 695.72 million 2008 136th out of 144
Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.47 billion 2008 139th out of 144

SOURCES: International Monetary Fund, International Financial Statistics and data files.; Dealogic, and World Bank GDP estimates.; World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, International Financial Statistics.; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; International Monetary Fund, International Financial Statistics database.

Citation

Solomon Islands Economy > Financial sector Profiles (Subcategories)

Assets 7 Interest rates 5
Exchange rates and prices 5 Monetary holdings 9