Solomon Islands Annual Inflation Rate

Solomon Islands' annual inflation rate rose to 5.89% in 2023, up from 5.52% in 2022, according to World Bank. This represents an increase of 0.37% from the previous year. The Solomon Islands has annual inflation rate higher than the global median (5.89% vs median 3.16%). Compared with the median in Oceania, the Solomon Islands is higher (5.89% vs regional median 3.18%) and ranks 3rd out of 11 countries in Oceania.