Inflation Rate (CPI): Solomon Islands
Solomon Islands's inflation rate (cpi) is currently 3.7% as of 2026. # Solomon Islands Inflation Rate (CPI) Solomon Islands' inflation rate stands at 3.
Current (2026)
3.7%
+8.8% y/y
Peak (2008)
17.3%
Low (2015)
-0.6%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Solomon Islands
1980 — 2026
Inflation Rate (CPI) — Solomon Islands
Analysis# Solomon Islands Inflation Rate (CPI)
Solomon Islands' inflation rate stands at 3.7% in 2026, reflecting moderate price growth after a volatile decade. The country experienced its most severe inflationary spike in 2008, when CPI inflation peaked at 17.3%, followed by a deflationary period in 2015 when rates dropped to -0.6%. Since 1980, the inflation rate has declined 54.9 percentage points overall, indicating a long-term shift toward price stability despite cyclical fluctuations.
Recent years reveal a clear moderating pattern. After spiking to 5.4% in 2022, inflation has steadily retreated through 2023 (5.1%), 2024 (4.2%), and 2025 (3.4%) toward the current 3.7% reading. This downward trajectory suggests the Solomon Islands' economy is cooling toward more sustainable price growth, with projections indicating inflation will remain anchored in the low-to-mid single digits going forward.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.3% | +0.00% |
| 2029 | 3.3% | +0.00% |
| 2028 | 3.3% | +0.00% |
| 2027 | 3.3% | -10.81% |
| 2026 | 3.7% | +8.82% |
| 2025 | 3.4% | -19.05% |
| 2024 | 4.2% | -17.65% |
| 2023 | 5.1% | -5.56% |
| 2022 | 5.4% | +2600.00% |
| 2021 | 0.2% | -93.10% |
| 2020 | 2.9% | +31.82% |
| 2019 | 2.2% | -38.89% |
| 2018 | 3.6% | +620.00% |
| 2017 | 0.5% | +0.00% |
| 2016 | 0.5% | +183.33% |
| 2015 | -0.6% | -111.32% |
| 2014 | 5.3% | +1.92% |
| 2013 | 5.2% | -11.86% |
| 2012 | 5.9% | -20.27% |
| 2011 | 7.4% | +722.22% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.9% | -87.50% |
| 2009 | 7.2% | -58.38% |
| 2008 | 17.3% | +124.68% |
| 2007 | 7.7% | -31.25% |
| 2006 | 11.2% | +49.33% |
| 2005 | 7.5% | +8.70% |
| 2004 | 6.9% | -31.68% |
| 2003 | 10.1% | +7.45% |
| 2002 | 9.4% | +23.68% |
| 2001 | 7.6% | +10.14% |
| 2000 | 6.9% | -13.75% |
| 1999 | 8.0% | -35.48% |
| 1998 | 12.4% | +53.09% |
| 1997 | 8.1% | -31.36% |
| 1996 | 11.8% | +22.92% |
| 1995 | 9.6% | -27.82% |
| 1994 | 13.3% | +44.57% |
| 1993 | 9.2% | -14.81% |
| 1992 | 10.8% | -28.00% |
| 1991 | 15.0% | +72.41% |
| 1990 | 8.7% | -41.61% |
| 1989 | 14.9% | -11.31% |
| 1988 | 16.8% | +46.09% |
| 1987 | 11.5% | -12.21% |
| 1986 | 13.1% | +39.36% |
| 1985 | 9.4% | -13.76% |
| 1984 | 10.9% | +55.71% |
| 1983 | 7.0% | -46.15% |
| 1982 | 13.0% | -0.76% |
| 1981 | 13.1% | +59.76% |
| 1980 | 8.2% | — |
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