Inflation Solomon Islands 2021
Average inflation: -0.1%
Current Inflation
There is deflation with consumer prices declining by 0.1%.
Peak and Trough
The highest inflation was in December at 3.5%. The lowest inflation was in January at -5.1%.
- Highest month
- December: 3.5%
- Lowest month
- January: -5.1%
- Difference
- 8.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.6%. The lowest price increase was in Energy with an average of 3.6%.
- Highest increase
- Energy: 3.6%
- Lowest increase
- Energy: 3.6%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 1.2%
- All-time high (2018)
- 3.5%
- All-time low (2015)
- -0.5%
Trend
Inflation shows a downward trend. Compared to 2020, inflation has fallen by +3.1 percentage point.
- Change vs. previous year
- -3.1 percentage points
- Largest monthly swing
- January: -12.7 percentage points
ECB Target
Inflation is 2.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -5.1% | -12.7 |
| February | -1.9% | -10.5 |
| March | -0.3% | -7.5 |
| April | -2.1% | -9.8 |
| May | -1.7% | -8.3 |
| June | -0.6% | -3.5 |
| July | 0.3% | -0.5 |
| August | 1.3% | +1.3 |
| September | 1.8% | +1.9 |
| October | 2.2% | +3.5 |
| November | 1.9% | +3.3 |
| December | 3.5% | +6.0 |
| Average | -0.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.