Solomon Islands's primary income payments (BoP, current US$) was US$67.18 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 12.37% from US$59.79 million in 2014 (1.17% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$67.18 million | 2024 |
| Five years earlier | US$66.28 million | 2019 |
| Ten years earlier | US$59.79 million | 2014 |
| Highest | US$102.74 million | 2011 |
| Lowest | US$1.96 million | 1975 |
| Average since 2015 | US$58.16 million | 2015–2024 |
| First recorded | US$1.96 million |
What the numbers say
In 2024, Solomon Islands' primary income payments (BoP, current US$) rose 64.2% on 2023 (from US$40.91 million to US$67.18 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +23.4% and a typical year strayed about 68.7% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 273.5% in 2006 and the biggest yearly fall was 73.9% in 1981. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 29% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Solomon Islands had the 25th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Solomon Islands | US$67.18 million | 2024 |
| World | US$7.99 trillion | 2024 |
| East Asia & Pacific | US$1.57 trillion | 2024 |
| Lower middle income | US$208.52 billion | 2024 |
Closest to Solomon Islands in the 2024 ranking
- Mauritania — 21st of 29: US$271.99 million
- Bhutan — 22nd of 29: US$194.59 million
- Djibouti — 23rd of 29: US$158.38 million
- Guinea-Bissau — 25th of 29: US$64.68 million
- Sierra Leone — 26th of 29: US$58.22 million
- Marshall Islands — 27th of 29: US$57.24 million
What this measures
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 50 values
| Year | Primary income payments (BoP, current US$) |
|---|---|
| 2024 | 67,181,056 |
| 2023 | 40,914,884 |
| 2022 | 56,735,543 |
| 2021 | 36,755,606 |
| 2020 | 20,797,893 |
| 2019 | 66,282,697 |
| 2018 | 62,961,349 |
| 2017 | 71,150,842 |
| 2016 | 83,106,451 |
| 2015 | 75,759,521 |
| 2014 |
Primary income payments (BoP, current US$) in nearby economies
- Australia — US$125.89 billion (2025)
- Brunei Darussalam — US$513.4 million (2025)
- Cambodia — US$1.59 billion (2025)
- China — US$452.23 billion (2025)
- Fiji — US$471.15 million (2024)
- French Polynesia — US$82.02 million (2016)
- Hong Kong SAR, China — US$245.04 billion (2025)
- Indonesia — US$47.3 billion (2025)
- Japan — US$176.57 billion (2025)
- Kiribati — US$7.13 million (2025)
More economic policy & debt data for Solomon Islands
- Grants, excluding technical cooperation (BoP, current US$) — US$191.86 million (2023)
- Technical cooperation grants (BoP, current US$) — US$23.39 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$175.09 million (2023)
- Net official development assistance and official aid received (current US$) — US$243.66 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$243.66 million (2023)
- Net official development assistance received (current US$) — US$243.66 million (2023)
- Net official development assistance received (constant 2023 US$) — US$243.66 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Solomon Islands's primary income payments (BoP, current US$)?
- US$67.18 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 3,321% from US$1.96 million in 1975 (7.48% a year on average, compounded). The highest value was US$102.74 million in 2011 and the lowest US$1.96 million in 1975.
- How does Solomon Islands rank?
- 25th highest of 29 economies with data for 2024.
- Is the latest change in primary income payments (BoP, current US$) unusual for Solomon Islands?
- In 2024, Solomon Islands' primary income payments (BoP, current US$) rose 64.2% on 2023 (from US$40.91 million to US$67.18 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +23.4% and a typical year strayed about 68.7% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.FCTY.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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