Primary income payments in Solomon Islands
Solomon Islands: Primary income payments was 67.18 million BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Solomon Islands is 67.18 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 64.2% on the previous year and up 12.4% over ten years.
Over the whole period, primary income payments in Solomon Islands peaked at 102.74 million BoP, current US$ in 2011 and was at its lowest, 1.96 million BoP, current US$, in 1975.
That places Solomon Islands 173rd out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.61 million BoP, current US$ | 1.96 million BoP, current US$ | 4.62 million BoP, current US$ | 5 |
| 1980s | 10.69 million BoP, current US$ | 3.91 million BoP, current US$ | 14.94 million BoP, current US$ | 10 |
| 1990s | 9.89 million BoP, current US$ | 4.44 million BoP, current US$ | 22.38 million BoP, current US$ | 10 |
| 2000s | 27.08 million BoP, current US$ | 6.96 million BoP, current US$ | 76.39 million BoP, current US$ | 10 |
| 2010s | 70.30 million BoP, current US$ | 27.55 million BoP, current US$ | 102.74 million BoP, current US$ | 10 |
| 2020s | 44.48 million BoP, current US$ | 20.80 million BoP, current US$ | 67.18 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 170 Palestine 101.69 million BoP, current US$ compare
- 171 Cape Verde 101.33 million BoP, current US$ compare
- 172 French Polynesia 82.02 million BoP, current US$ compare
- 174 Sint Maarten (Dutch part) 66.99 million BoP, current US$ compare
- 175 Guinea-Bissau 64.68 million BoP, current US$ compare
- 176 Sierra Leone 58.22 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 primary income payments in Solomon Islands?
- Primary income payments in Solomon Islands was 67.18 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Solomon Islands?
- The highest recorded value was 102.74 million BoP, current US$ in 2011.
- What is the lowest primary income payments recorded in Solomon Islands?
- The lowest recorded value was 1.96 million BoP, current US$ in 1975.
- How does Solomon Islands rank for primary income payments?
- Solomon Islands ranks 173rd out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Solomon Islands?
- Over the last ten years it is up 12.4%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.