Personal remittances, paid in Solomon Islands
Solomon Islands: Personal remittances, paid was 51.78 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Solomon Islands, 1982–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Solomon Islands recorded 51.78 million current US$ for personal remittances, paid in 2024.
The figure is down 8.6% on the previous year and up 12.8% over ten years.
Over the whole period, personal remittances, paid in Solomon Islands peaked at 83.35 million current US$ in 2019 and was at its lowest, 1.39 million current US$, in 2002.
Solomon Islands ranks 159th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.37 million current US$ | 3.17 million current US$ | 6.69 million current US$ | 8 |
| 1990s | 5.36 million current US$ | 2.23 million current US$ | 8.47 million current US$ | 10 |
| 2000s | 9.19 million current US$ | 1.39 million current US$ | 39.10 million current US$ | 10 |
| 2010s | 59.14 million current US$ | 44.83 million current US$ | 83.35 million current US$ | 10 |
| 2020s | 57.62 million current US$ | 51.78 million current US$ | 65.71 million current US$ | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Final consumption expenditure 108.1% (2024)
- Manufacturing, value added 834.12 million constant LCU (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 138.93 million constant 2015 US$ (2024)
- Manufacturing, value added 159.84 million current US$ (2024)
- Gross national expenditure 2.00 billion constant 2015 US$ (2024)
Frequently asked questions
- What is personal remittances, paid in Solomon Islands?
- Personal remittances, paid in Solomon Islands was 51.78 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Solomon Islands?
- The highest recorded value was 83.35 million current US$ in 2019.
- What is the lowest personal remittances, paid recorded in Solomon Islands?
- The lowest recorded value was 1.39 million current US$ in 2002.
- How does Solomon Islands rank for personal remittances, paid?
- Solomon Islands ranks 159th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Solomon Islands?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.