External debt stocks as a proportion of GNI in Solomon Islands
Solomon Islands: External debt stocks as a proportion of GNI was 33.8% in 2024. ▼ Falling
External debt stocks as a proportion of GNI in Solomon Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, external debt stocks as a proportion of gni in Solomon Islands stood at 33.8%.
Compared with earlier readings it is up 8.0% on the previous year and up 138.2% over ten years.
Over the whole period, external debt stocks as a proportion of gni in Solomon Islands peaked at 53.3% in 2002 and was at its lowest, 14.2%, in 2014.
That places Solomon Islands 88th out of 129 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
External debt stocks as a proportion of GNI in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 37.6% | — |
| 2001 | 40.0% | +6.6% |
| 2002 | 53.3% | +33.2% |
| 2003 | 43.8% | -18.0% |
| 2004 | 38.2% | -12.7% |
| 2005 | 30.2% | -21.0% |
| 2006 | 28.9% | -4.2% |
| 2007 | 27.0% | -6.8% |
| 2008 | 23.2% | -14.0% |
| 2009 | 23.0% | -0.7% |
| 2010 | 27.0% | +17.4% |
| 2011 | 26.0% | -3.7% |
| 2012 | 20.2% | -22.2% |
| 2013 | 15.8% | -21.8% |
| 2014 | 14.2% | -10.2% |
| 2015 | 16.2% | +13.8% |
| 2016 | 19.7% | +22.1% |
| 2017 | 22.4% | +13.5% |
| 2018 | 19.9% | -11.3% |
| 2019 | 19.0% | -4.2% |
| 2020 | 20.5% | +7.8% |
| 2021 | 29.1% | +41.9% |
| 2022 | 30.3% | +4.1% |
| 2023 | 31.3% | +3.3% |
| 2024 | 33.8% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.5% | 23.0% | 53.3% | 10 |
| 2010s | 20.0% | 14.2% | 27.0% | 10 |
| 2020s | 29.0% | 20.5% | 33.8% | 5 |
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 capital formation (current US$), annual growth rate -3.58 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 376.25 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -2.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.65 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,181 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2196 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is external debt stocks as a proportion of gni in Solomon Islands?
- External debt stocks as a proportion of gni in Solomon Islands was 33.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest external debt stocks as a proportion of gni recorded in Solomon Islands?
- The highest recorded value was 53.3% in 2002.
- What is the lowest external debt stocks as a proportion of gni recorded in Solomon Islands?
- The lowest recorded value was 14.2% in 2014.
- How does Solomon Islands rank for external debt stocks as a proportion of gni?
- Solomon Islands ranks 88th out of 129 countries with data for 2024.
- Is external debt stocks as a proportion of gni rising or falling in Solomon Islands?
- Over the last ten years it is up 138.2%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.
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