Inflation Solomon Islands 2020
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 8.6%. The lowest inflation was in December at -2.5%.
- Highest month
- February: 8.6%
- Lowest month
- December: -2.5%
- Difference
- 11.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -0.2%. The lowest price increase was in Energy with an average of -0.2%.
- Highest increase
- Energy: -0.2%
- Lowest increase
- Energy: -0.2%
Historical Context
Current inflation is 1.2% higher than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 1.4%
- All-time high (2018)
- 3.5%
- All-time low (2015)
- -0.5%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+1.4 percentage point).
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- February: +8.9 percentage points
ECB Target
Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 7.6% | +5.2 |
| February | 8.6% | +8.9 |
| March | 7.2% | +6.0 |
| April | 7.7% | +7.4 |
| May | 6.6% | +5.4 |
| June | 2.9% | +1.5 |
| July | 0.8% | -1.1 |
| August | 0.0% | -1.8 |
| September | -0.1% | -1.6 |
| October | -1.3% | -4.1 |
| November | -1.4% | -4.2 |
| December | -2.5% | -5.2 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.