Reserves and related items in Solomon Islands
Solomon Islands: Reserves and related items was 16.21 million BoP, current US$ in 2024. ◆ Volatile
Reserves and related items in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for reserves and related items in Solomon Islands is 16.21 million BoP, current US$, measured in 2024.
The figure is down 34.2% on the previous year and up 2,213.8% over ten years.
Over the whole period, reserves and related items in Solomon Islands peaked at 129.90 million BoP, current US$ in 2011 and was at its lowest, -42.95 million BoP, current US$, in 2004.
That places Solomon Islands 118th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.62 million BoP, current US$ | 1.31 million BoP, current US$ | 15.22 million BoP, current US$ | 5 |
| 1980s | -7.51 million BoP, current US$ | -18.29 million BoP, current US$ | 5.22 million BoP, current US$ | 10 |
| 1990s | 2.31 million BoP, current US$ | -13.67 million BoP, current US$ | 17.98 million BoP, current US$ | 10 |
| 2000s | -4.09 million BoP, current US$ | -42.95 million BoP, current US$ | 44.83 million BoP, current US$ | 10 |
| 2010s | 48.69 million BoP, current US$ | -33.24 million BoP, current US$ | 129.90 million BoP, current US$ | 10 |
| 2020s | 23.95 million BoP, current US$ | -23.82 million BoP, current US$ | 79.21 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 115 Liberia 19.61 million BoP, current US$ compare
- 116 Cayman Islands 19.37 million BoP, current US$ compare
- 117 Sao Tome and Principe 16.68 million BoP, current US$ compare
- 119 Central African Republic 13.09 million BoP, current US$ compare
- 120 Madagascar 11.87 million BoP, current US$ compare
- 121 Vanuatu 11.71 million BoP, current US$ compare
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 reserves and related items in Solomon Islands?
- Reserves and related items in Solomon Islands was 16.21 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest reserves and related items recorded in Solomon Islands?
- The highest recorded value was 129.90 million BoP, current US$ in 2011.
- What is the lowest reserves and related items recorded in Solomon Islands?
- The lowest recorded value was -42.95 million BoP, current US$ in 2004.
- How does Solomon Islands rank for reserves and related items?
- Solomon Islands ranks 118th out of 194 countries with data for 2024.
- Is reserves and related items rising or falling in Solomon Islands?
- Over the last ten years it is up 2,213.8%. 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 Reserves and related items (BoP, current US$). Statizoid updates them automatically from the source API.
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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.