Solomon Islands vs Tonga: Current account balance
Current account balance over time
- Solomon Islands
- Tonga
How they compare
Tonga currently reports -43.52 million BoP, current US$ against -66.23 million BoP, current US$ in Solomon Islands, a difference of 22.72 million BoP, current US$.
The two have swapped places 16 times across 44 shared years of data; in 1975 it was Tonga ahead.
Solomon Islands ranks 84th and Tonga ranks 82nd of 199 countries.
Across the 6 decades both report, Solomon Islands averaged higher in 1 and Tonga in 5.
Head to head by decade
| Decade | Solomon Islands | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.70 million BoP, current US$ | -1.40 million BoP, current US$ | 3.10 million BoP, current US$ | Solomon Islands |
| 1980s | -17.15 million BoP, current US$ | -1.65 million BoP, current US$ | 15.50 million BoP, current US$ | Tonga |
| 1990s | -14.68 million BoP, current US$ | -1.24 million BoP, current US$ | 13.44 million BoP, current US$ | Tonga |
| 2000s | -60.33 million BoP, current US$ | -32.63 million BoP, current US$ | 27.70 million BoP, current US$ | Tonga |
| 2010s | -57.42 million BoP, current US$ | -50.42 million BoP, current US$ | 7.00 million BoP, current US$ | Tonga |
| 2020s | -113.24 million BoP, current US$ | -44.13 million BoP, current US$ | 69.12 million BoP, current US$ | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Solomon Islands or Tonga?
- Tonga, at -43.52 million BoP, current US$ against -66.23 million BoP, current US$ in Solomon Islands as of 2024.
- What is the difference in current account balance between Solomon Islands and Tonga?
- 22.72 million BoP, current US$, with Tonga ahead.
- How many years of comparable data are there for Solomon Islands and Tonga?
- 44 years are reported by both, from 1975 to 2024.
- How do Solomon Islands and Tonga rank globally for current account balance?
- Solomon Islands ranks 84th and Tonga ranks 82nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.