Secondary income balance (credit less debit), Net (credits less) in Solomon Islands
Solomon Islands: Secondary income balance (credit less debit), Net (credits less) was 146.26 million in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Solomon Islands, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Solomon Islands stood at 146.26 million. That is the highest value across all 20 years on record.
That represents a change of up 8.9% on the previous year and up 81.6% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Solomon Islands peaked at 146.26 million in 2024 and was at its lowest, 5.07 million, in 2005.
Solomon Islands ranks 115th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.07 million | — |
| 2006 | 72.49 million | +1329.8% |
| 2007 | 92.56 million | +27.7% |
| 2008 | 109.79 million | +18.6% |
| 2009 | 116.20 million | +5.8% |
| 2010 | 131.97 million | +13.6% |
| 2011 | 127.98 million | -3.0% |
| 2012 | 102.17 million | -20.2% |
| 2013 | 96.71 million | -5.3% |
| 2014 | 80.55 million | -16.7% |
| 2015 | 82.42 million | +2.3% |
| 2016 | 64.52 million | -21.7% |
| 2017 | 52.07 million | -19.3% |
| 2018 | 40.18 million | -22.8% |
| 2019 | 24.01 million | -40.2% |
| 2020 | 66.52 million | +177.0% |
| 2021 | 109.68 million | +64.9% |
| 2022 | 124.16 million | +13.2% |
| 2023 | 134.25 million | +8.1% |
| 2024 | 146.26 million | +8.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 146.26 million is below the median for lower middle income countries, which is 1.03 billion, 14% of the median. (46 countries reporting)
- Solomon Islands's 146.26 million is above the median for East Asia & Pacific, which is 146.26 million, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2006 | +1329.8% | 5.07 million | 72.49 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.22 million | 5.07 million | 116.20 million | 5 |
| 2010s | 80.26 million | 24.01 million | 131.97 million | 10 |
| 2020s | 116.18 million | 66.52 million | 146.26 million | 5 |
Countries ranked near Solomon Islands
- 112 East Timor 169.30 million compare
- 113 Belize 162.09 million compare
- 114 Suriname 153.17 million compare
- 116 Guinea-Bissau 135.58 million compare
- 117 Vanuatu 119.17 million compare
- 118 Sao Tome and Principe 112.49 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 secondary income balance (credit less debit), net (credits less) in Solomon Islands?
- Secondary income balance (credit less debit), net (credits less) in Solomon Islands was 146.26 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Solomon Islands?
- The highest recorded value was 146.26 million in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Solomon Islands?
- The lowest recorded value was 5.07 million in 2005.
- How does Solomon Islands rank for secondary income balance (credit less debit), net (credits less)?
- Solomon Islands ranks 115th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Solomon Islands?
- Over the last ten years it is up 81.6%. 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 Secondary income 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.