Net primary income in Solomon Islands
Solomon Islands: Net primary income was 1.76 million BoP, current US$ in 2024. ◆ Volatile
Net primary income in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Solomon Islands recorded 1.76 million BoP, current US$ for net primary income in 2024.
Compared with earlier readings it is down 93.0% on the previous year and up 112.4% over ten years.
Over the whole period, net primary income in Solomon Islands peaked at 35.85 million BoP, current US$ in 2020 and was at its lowest, -73.81 million BoP, current US$, in 2011.
That places Solomon Islands 54th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -3.61 million BoP, current US$ | -4.62 million BoP, current US$ | -1.96 million BoP, current US$ | 5 |
| 1980s | -8.00 million BoP, current US$ | -14.94 million BoP, current US$ | -3.91 million BoP, current US$ | 10 |
| 1990s | -7.81 million BoP, current US$ | -16.93 million BoP, current US$ | -2.92 million BoP, current US$ | 10 |
| 2000s | -17.05 million BoP, current US$ | -56.02 million BoP, current US$ | 2.20 million BoP, current US$ | 10 |
| 2010s | -31.75 million BoP, current US$ | -73.81 million BoP, current US$ | 3.77 million BoP, current US$ | 10 |
| 2020s | 18.25 million BoP, current US$ | 1.76 million BoP, current US$ | 35.85 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
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 primary income in Solomon Islands?
- Net primary income in Solomon Islands was 1.76 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 primary income recorded in Solomon Islands?
- The highest recorded value was 35.85 million BoP, current US$ in 2020.
- What is the lowest net primary income recorded in Solomon Islands?
- The lowest recorded value was -73.81 million BoP, current US$ in 2011.
- How does Solomon Islands rank for net primary income?
- Solomon Islands ranks 54th out of 199 countries with data for 2024.
- Is net primary income rising or falling in Solomon Islands?
- Over the last ten years it is up 112.4%. 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 primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.