Goods balance (credit less debit), Net (credits less debits) (US) in Solomon Islands
Solomon Islands: Goods balance (credit less debit), Net (credits less debits) (US) was -98.47 million in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Solomon Islands, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Solomon Islands stood at -98.47 million.
The figure is up 50.4% on the previous year and down 1,924.3% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Solomon Islands peaked at 65.58 million in 2012 and was at its lowest, -205.38 million, in 2022.
Solomon Islands ranks 72nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) (US) in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -80.33 million | — |
| 2006 | -81.45 million | +1.4% |
| 2007 | -96.68 million | +18.7% |
| 2008 | -68.75 million | -28.9% |
| 2009 | -74.14 million | +7.8% |
| 2010 | -136.38 million | +84.0% |
| 2011 | -3.39 million | -97.5% |
| 2012 | 65.58 million | -2036.7% |
| 2013 | -16.77 million | -125.6% |
| 2014 | -4.86 million | -71.0% |
| 2015 | -16.77 million | +244.7% |
| 2016 | 12.78 million | -176.2% |
| 2017 | 5.85 million | -54.2% |
| 2018 | 6.54 million | +11.7% |
| 2019 | -36.36 million | -656.2% |
| 2020 | -25.31 million | -30.4% |
| 2021 | -97.22 million | +284.1% |
| 2022 | -205.38 million | +111.3% |
| 2023 | -198.69 million | -3.3% |
| 2024 | -98.47 million | -50.4% |
Solomon Islands compared with similar countries
- Solomon Islands's -98.47 million is above the median for lower middle income countries, which is -673.06 million, 15% of the median. (46 countries reporting)
- Solomon Islands's -98.47 million is above the median for East Asia & Pacific, which is -98.47 million, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Net (credits less debits) (US) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +2036.7% | -3.39 million | 65.58 million |
| 2019 | -656.2% | 6.54 million | -36.36 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -80.27 million | -96.68 million | -68.75 million | 5 |
| 2010s | -12.38 million | -136.38 million | 65.58 million | 10 |
| 2020s | -125.01 million | -205.38 million | -25.31 million | 5 |
Countries ranked near Solomon Islands
- 69 Nauru -67.12 million compare
- 70 Mali -74.65 million compare
- 71 Burkina Faso -93.50 million compare
- 73 Sao Tome and Principe -124.13 million compare
- 74 Palau -162.42 million compare
- 75 Guinea-Bissau -162.89 million compare
More financial sector data for Solomon Islands
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 5.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.76 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 5.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Solomon Islands?
- Goods balance (credit less debit), net (credits less debits) in Solomon Islands was -98.47 million in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Solomon Islands?
- The highest recorded value was 65.58 million in 2012.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Solomon Islands?
- The lowest recorded value was -205.38 million in 2022.
- How does Solomon Islands rank for goods balance (credit less debit), net (credits less debits)?
- Solomon Islands ranks 72nd out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Solomon Islands?
- Over the last ten years it is down 1,924.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.