Reserve assets, Currency and deposits in Solomon Islands
Solomon Islands: Reserve assets, Currency and deposits was 268.85 million US dollar in 2023. ▲ Rising
Reserve assets, Currency and deposits in Solomon Islands, 2006–2023
Source: International Monetary Fund. Measured in US dollar.
Analysis
Solomon Islands recorded 268.85 million US dollar for reserve assets, currency and deposits in 2023.
That represents a change of up 0.5% on the previous year and down 38.1% over ten years.
Over the whole period, reserve assets, currency and deposits in Solomon Islands peaked at 533.75 million US dollar in 2018 and was at its lowest, 88.67 million US dollar, in 2008.
That places Solomon Islands 120th out of 156 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Reserve assets, Currency and deposits in Solomon Islands, year by year
| Year | US dollar | Change |
|---|---|---|
| 2006 | 103.48 million US dollar | — |
| 2007 | 119.66 million US dollar | +15.6% |
| 2008 | 88.67 million US dollar | -25.9% |
| 2009 | 130.60 million US dollar | +47.3% |
| 2010 | 250.73 million US dollar | +92.0% |
| 2011 | 386.72 million US dollar | +54.2% |
| 2012 | 426.21 million US dollar | +10.2% |
| 2013 | 434.39 million US dollar | +1.9% |
| 2014 | 436.39 million US dollar | +0.5% |
| 2015 | 448.39 million US dollar | +2.7% |
| 2016 | 455.74 million US dollar | +1.6% |
| 2017 | 495.37 million US dollar | +8.7% |
| 2018 | 533.75 million US dollar | +7.7% |
| 2019 | 467.78 million US dollar | -12.4% |
| 2020 | 498.62 million US dollar | +6.6% |
| 2021 | 363.80 million US dollar | -27.0% |
| 2022 | 267.54 million US dollar | -26.5% |
| 2023 | 268.85 million US dollar | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 110.60 million US dollar | 88.67 million US dollar | 130.60 million US dollar | 4 |
| 2010s | 433.55 million US dollar | 250.73 million US dollar | 533.75 million US dollar | 10 |
| 2020s | 349.70 million US dollar | 267.54 million US dollar | 498.62 million US dollar | 4 |
Countries ranked near Solomon Islands
More financial sector data for Solomon Islands
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 7.07 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.3274 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 633.12 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 2.97 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 637.05 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 2.52 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 641.93 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 1.86 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 637.63 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -0.3272 % change on previous year (2024)
Frequently asked questions
- What is reserve assets, currency and deposits in Solomon Islands?
- Reserve assets, currency and deposits in Solomon Islands was 268.85 million US dollar in 2023, according to International Monetary Fund.
- What is the highest reserve assets, currency and deposits recorded in Solomon Islands?
- The highest recorded value was 533.75 million US dollar in 2018.
- What is the lowest reserve assets, currency and deposits recorded in Solomon Islands?
- The lowest recorded value was 88.67 million US dollar in 2008.
- How does Solomon Islands rank for reserve assets, currency and deposits?
- Solomon Islands ranks 120th out of 156 countries with data for 2023.
- Is reserve assets, currency and deposits rising or falling in Solomon Islands?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Reserve assets, Currency and deposits (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.
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About this data
The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.