Net secondary income (BoP, current US$), annual growth rate in Solomon Islands
Solomon Islands: Net secondary income (BoP, current US$), annual growth rate was 8.94 % change on previous year in 2024. ◆ Volatile
Net secondary income (BoP, current US$), annual growth rate in Solomon Islands, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 8.94 % change on previous year for net secondary income (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 10.0% on the previous year and up 153.5% over ten years.
Over the whole period, net secondary income (bop, current us$), annual growth rate in Solomon Islands peaked at 239.63 % change on previous year in 1986 and was at its lowest, -79.84 % change on previous year, in 2005.
That places Solomon Islands 69th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (BoP, current US$), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 33.18 % change on previous year | — |
| 1977 | -0.7831 % change on previous year | -102.4% |
| 1978 | 48.22 % change on previous year | -6257.3% |
| 1979 | 3.29 % change on previous year | -93.2% |
| 1980 | 0.1082 % change on previous year | -96.7% |
| 1981 | -41.05 % change on previous year | -38020.8% |
| 1982 | -32.36 % change on previous year | -21.2% |
| 1983 | 66.9 % change on previous year | -306.8% |
| 1984 | 3.82 % change on previous year | -94.3% |
| 1985 | -13.49 % change on previous year | -453.3% |
| 1986 | 239.63 % change on previous year | -1876.2% |
| 1987 | -4.66 % change on previous year | -101.9% |
| 1988 | 23.77 % change on previous year | -610.2% |
| 1989 | -9.74 % change on previous year | -141.0% |
| 1990 | -11.43 % change on previous year | +17.4% |
| 1991 | 0.7912 % change on previous year | -106.9% |
| 1992 | 1.34 % change on previous year | +69.9% |
| 1993 | 8.79 % change on previous year | +553.9% |
| 1994 | 31.24 % change on previous year | +255.4% |
| 1995 | -34.39 % change on previous year | -210.1% |
| 1996 | 18.05 % change on previous year | -152.5% |
| 1997 | -17.5 % change on previous year | -197.0% |
| 1998 | -5.49 % change on previous year | -68.6% |
| 1999 | -55.07 % change on previous year | +902.3% |
| 2000 | -55.92 % change on previous year | +1.5% |
| 2001 | 49.71 % change on previous year | -188.9% |
| 2002 | -17.21 % change on previous year | -134.6% |
| 2003 | 233.81 % change on previous year | -1458.9% |
| 2004 | -8.47 % change on previous year | -103.6% |
| 2005 | -79.84 % change on previous year | +842.7% |
| 2007 | 27.69 % change on previous year | -134.7% |
| 2008 | 18.62 % change on previous year | -32.8% |
| 2009 | 5.83 % change on previous year | -68.7% |
| 2010 | 13.57 % change on previous year | +132.5% |
| 2011 | -3.02 % change on previous year | -122.2% |
| 2012 | -20.17 % change on previous year | +568.3% |
| 2013 | -5.35 % change on previous year | -73.5% |
| 2014 | -16.71 % change on previous year | +212.5% |
| 2015 | 2.32 % change on previous year | -113.9% |
| 2016 | -21.72 % change on previous year | -1036.8% |
| 2017 | -19.3 % change on previous year | -11.2% |
| 2018 | -22.83 % change on previous year | +18.3% |
| 2019 | -40.24 % change on previous year | +76.3% |
| 2020 | 177.02 % change on previous year | -539.9% |
| 2021 | 64.89 % change on previous year | -63.3% |
| 2022 | 13.2 % change on previous year | -79.7% |
| 2023 | 8.13 % change on previous year | -38.4% |
| 2024 | 8.94 % change on previous year | +10.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 8.94 % change on previous year is above the median for lower middle income countries, which is 8.94 % change on previous year, 1.0× the median. (47 countries reporting)
- Solomon Islands's 8.94 % change on previous year is above the median for East Asia & Pacific, which is -0.1992 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net secondary income (BoP, current US$), annual growth rate in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | -38020.8% | 0.1082 % change on previous year | -41.05 % change on previous year |
| 1978 | +6257.3% | -0.7831 % change on previous year | 48.22 % change on previous year |
| 1986 | +1876.2% | -13.49 % change on previous year | 239.63 % change on previous year |
| 2003 | +1458.9% | -17.21 % change on previous year | 233.81 % change on previous year |
| 2016 | -1036.8% | 2.32 % change on previous year | -21.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.98 % change on previous year | -0.7831 % change on previous year | 48.22 % change on previous year | 4 |
| 1980s | 23.29 % change on previous year | -41.05 % change on previous year | 239.63 % change on previous year | 10 |
| 1990s | -6.37 % change on previous year | -55.07 % change on previous year | 31.24 % change on previous year | 10 |
| 2000s | 19.36 % change on previous year | -79.84 % change on previous year | 233.81 % change on previous year | 9 |
| 2010s | -13.34 % change on previous year | -40.24 % change on previous year | 13.57 % change on previous year | 10 |
| 2020s | 54.44 % change on previous year | 8.13 % change on previous year | 177.02 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 66 United States 9.81 % change on previous year compare
- 67 Ethiopia 9.55 % change on previous year compare
- 68 Albania 9.26 % change on previous year compare
- 70 Jordan 8.93 % change on previous year compare
- 71 Kenya 8.83 % change on previous year compare
- 72 Bosnia and Herzegovina 8.17 % change on previous year compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is net secondary income (bop, current us$), annual growth rate in Solomon Islands?
- Net secondary income (bop, current us$), annual growth rate in Solomon Islands was 8.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net secondary income (bop, current us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 239.63 % change on previous year in 1986.
- What is the lowest net secondary income (bop, current us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -79.84 % change on previous year in 2005.
- How does Solomon Islands rank for net secondary income (bop, current us$), annual growth rate?
- Solomon Islands ranks 69th out of 199 countries with data for 2024.
- Is net secondary income (bop, current us$), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 153.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Net secondary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net secondary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net secondary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net secondary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.