Secondary income receipts in Solomon Islands
Solomon Islands: Secondary income receipts was 193.54 million BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Solomon Islands recorded 193.54 million BoP, current US$ for secondary income receipts in 2024. That is the highest value across all 50 years on record.
That represents a change of up 1.9% on the previous year and up 50.8% over ten years.
Over the whole period, secondary income receipts in Solomon Islands peaked at 193.54 million BoP, current US$ in 2024 and was at its lowest, 9.82 million BoP, current US$, in 1975.
Solomon Islands ranks 164th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.99 million BoP, current US$ | 9.82 million BoP, current US$ | 19.86 million BoP, current US$ | 5 |
| 1980s | 25.69 million BoP, current US$ | 15.34 million BoP, current US$ | 47.14 million BoP, current US$ | 10 |
| 1990s | 50.99 million BoP, current US$ | 41.54 million BoP, current US$ | 66.60 million BoP, current US$ | 10 |
| 2000s | 69.05 million BoP, current US$ | 28.53 million BoP, current US$ | 151.28 million BoP, current US$ | 10 |
| 2010s | 139.88 million BoP, current US$ | 104.05 million BoP, current US$ | 191.35 million BoP, current US$ | 10 |
| 2020s | 169.72 million BoP, current US$ | 126.54 million BoP, current US$ | 193.54 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 161 Guinea-Bissau 213.24 million BoP, current US$ compare
- 162 Chad 209.41 million BoP, current US$ compare
- 163 Belize 199.08 million BoP, current US$ compare
- 165 Bhutan 163.55 million BoP, current US$ compare
- 166 Vanuatu 143.70 million BoP, current US$ compare
- 167 Marshall Islands 137.85 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 secondary income receipts in Solomon Islands?
- Secondary income receipts in Solomon Islands was 193.54 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Solomon Islands?
- The highest recorded value was 193.54 million BoP, current US$ in 2024.
- What is the lowest secondary income receipts recorded in Solomon Islands?
- The lowest recorded value was 9.82 million BoP, current US$ in 1975.
- How does Solomon Islands rank for secondary income receipts?
- Solomon Islands ranks 164th out of 198 countries with data for 2024.
- Is secondary income receipts rising or falling in Solomon Islands?
- Over the last ten years it is up 50.8%. 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 Secondary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.