Net financial account in Solomon Islands
Solomon Islands: Net financial account was 41.08 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net financial account in Solomon Islands is 41.08 million BoP, current US$, measured in 2024.
The figure is up 142.7% on the previous year and up 283.9% over ten years.
Over the whole period, net financial account in Solomon Islands peaked at 88.57 million BoP, current US$ in 2012 and was at its lowest, -115.76 million BoP, current US$, in 2010.
That places Solomon Islands 73rd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42,118 BoP, current US$ | -6.55 million BoP, current US$ | 9.04 million BoP, current US$ | 5 |
| 1980s | -16.17 million BoP, current US$ | -39.14 million BoP, current US$ | 1.73 million BoP, current US$ | 10 |
| 1990s | -6.32 million BoP, current US$ | -36.62 million BoP, current US$ | 29.04 million BoP, current US$ | 10 |
| 2000s | -26.70 million BoP, current US$ | -62.29 million BoP, current US$ | 12.62 million BoP, current US$ | 10 |
| 2010s | 5.91 million BoP, current US$ | -115.76 million BoP, current US$ | 88.57 million BoP, current US$ | 10 |
| 2020s | -28.98 million BoP, current US$ | -96.12 million BoP, current US$ | 41.08 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 70 Eswatini 72.38 million BoP, current US$ compare
- 71 Tonga 59.90 million BoP, current US$ compare
- 72 Nauru 47.40 million BoP, current US$ compare
- 74 Micronesia (country) 37.80 million BoP, current US$ compare
- 75 Marshall Islands 32.91 million BoP, current US$ compare
- 76 Tuvalu 19.13 million BoP, current US$ compare
More economy & growth data for Solomon Islands
- Final consumption expenditure 108.1% (2024)
- Manufacturing, value added 10.1% (2024)
- Households and NPISHs final consumption expenditure 81.9% (2024)
- Final consumption expenditure 1.71 billion current US$ (2024)
- Final consumption expenditure 14.48 billion current LCU (2024)
- Final consumption expenditure 1.65 billion constant 2015 US$ (2024)
- Final consumption expenditure 7.8% (2024)
- Manufacturing, value added 834.12 million constant LCU (2024)
- Gross national expenditure 127.6% (2024)
- Manufacturing, value added 1.35 billion current LCU (2024)
Frequently asked questions
- What is net financial account in Solomon Islands?
- Net financial account in Solomon Islands was 41.08 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Solomon Islands?
- The highest recorded value was 88.57 million BoP, current US$ in 2012.
- What is the lowest net financial account recorded in Solomon Islands?
- The lowest recorded value was -115.76 million BoP, current US$ in 2010.
- How does Solomon Islands rank for net financial account?
- Solomon Islands ranks 73rd out of 198 countries with data for 2024.
- Is net financial account rising or falling in Solomon Islands?
- Over the last ten years it is up 283.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.