External debt as a share of gni in Solomon Islands
Solomon Islands: External debt as a share of gni was 31.83 in 2023. ▼ Falling
Latest (2023)
31.83
Change on year
up 5.0%
World rank
87th
of 118 countries
All-time high
53.33
in 2002
All-time low
14.2
in 2014
Years of data
24
2000–2023
External debt as a share of gni in Solomon Islands, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in Solomon Islands stood at 31.83.
Compared with earlier readings it is up 5.0% on the previous year and up 101.2% over ten years.
Over the whole period, external debt as a share of gni in Solomon Islands peaked at 53.33 in 2002 and was at its lowest, 14.2, in 2014.
Solomon Islands ranks 87th of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
External debt as a share of gni in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 37.58 | — |
| 2001 | 40.05 | +6.6% |
| 2002 | 53.33 | +33.2% |
| 2003 | 43.75 | -18.0% |
| 2004 | 38.2 | -12.7% |
| 2005 | 30.19 | -21.0% |
| 2006 | 28.91 | -4.2% |
| 2007 | 26.95 | -6.8% |
| 2008 | 23.17 | -14.0% |
| 2009 | 23 | -0.7% |
| 2010 | 27.01 | +17.4% |
| 2011 | 26.01 | -3.7% |
| 2012 | 20.22 | -22.3% |
| 2013 | 15.82 | -21.8% |
| 2014 | 14.2 | -10.2% |
| 2015 | 16.16 | +13.8% |
| 2016 | 19.74 | +22.2% |
| 2017 | 22.4 | +13.5% |
| 2018 | 19.86 | -11.3% |
| 2019 | 19.03 | -4.2% |
| 2020 | 20.52 | +7.8% |
| 2021 | 29.12 | +41.9% |
| 2022 | 30.32 | +4.1% |
| 2023 | 31.83 | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.51 | 23 | 53.33 | 10 |
| 2010s | 20.04 | 14.2 | 27.01 | 10 |
| 2020s | 27.95 | 20.52 | 31.83 | 4 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 8.29 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 16,023 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9137 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,767 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 6.57 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is external debt as a share of gni in Solomon Islands?
- External debt as a share of gni in Solomon Islands was 31.83 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Solomon Islands?
- The highest recorded value was 53.33 in 2002.
- What is the lowest external debt as a share of gni recorded in Solomon Islands?
- The lowest recorded value was 14.2 in 2014.
- How does Solomon Islands rank for external debt as a share of gni?
- Solomon Islands ranks 87th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Solomon Islands?
- Over the last ten years it is up 101.2%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).