Solomon Islands vs Vanuatu: Reserves and related items
Reserves and related items over time
- Solomon Islands
- Vanuatu
How they compare
Solomon Islands currently reports 16.21 million BoP, current US$ against 11.71 million BoP, current US$ in Vanuatu, a difference of 4.50 million BoP, current US$.
That makes Solomon Islands's figure about 1.4 times Vanuatu's.
The two have swapped places 11 times across 41 shared years of data; in 1982 it was Solomon Islands ahead.
Globally, Solomon Islands ranks 118th and Vanuatu ranks 121st of 194 countries.
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About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.