Personal remittances, paid (current US$), per unit of GDP in Solomon Islands
Solomon Islands: Personal remittances, paid (current US$), per unit of GDP was 0.0327 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Solomon Islands, 1982–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Solomon Islands recorded 0.0327 current US$ per US$ of GDP for personal remittances, paid (current us$), per unit of gdp in 2024.
The figure is down 13.1% on the previous year and down 4.9% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Solomon Islands peaked at 0.0687 current US$ per US$ of GDP in 2010 and was at its lowest, 0.0038 current US$ per US$ of GDP, in 2003.
Solomon Islands ranks 32nd of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per unit of GDP in Solomon Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1982 | 0.0347 current US$ per US$ of GDP | — |
| 1983 | 0.0192 current US$ per US$ of GDP | -44.6% |
| 1984 | 0.0177 current US$ per US$ of GDP | -7.8% |
| 1985 | 0.0192 current US$ per US$ of GDP | +8.2% |
| 1986 | 0.0288 current US$ per US$ of GDP | +50.1% |
| 1987 | 0.0235 current US$ per US$ of GDP | -18.4% |
| 1988 | 0.0324 current US$ per US$ of GDP | +37.8% |
| 1989 | 0.0275 current US$ per US$ of GDP | -15.1% |
| 1990 | 0.0261 current US$ per US$ of GDP | -4.9% |
| 1991 | 0.0298 current US$ per US$ of GDP | +14.0% |
| 1992 | 0.0208 current US$ per US$ of GDP | -30.1% |
| 1993 | 0.0074 current US$ per US$ of GDP | -64.4% |
| 1994 | 0.0143 current US$ per US$ of GDP | +93.5% |
| 1995 | 0.0172 current US$ per US$ of GDP | +20.0% |
| 1996 | 0.0166 current US$ per US$ of GDP | -3.6% |
| 1997 | 0.0054 current US$ per US$ of GDP | -67.3% |
| 1998 | 0.0054 current US$ per US$ of GDP | +0.6% |
| 1999 | 0.0117 current US$ per US$ of GDP | +115.4% |
| 2000 | 0.0154 current US$ per US$ of GDP | +31.3% |
| 2001 | 0.0055 current US$ per US$ of GDP | -64.2% |
| 2002 | 0.004 current US$ per US$ of GDP | -27.3% |
| 2003 | 0.0038 current US$ per US$ of GDP | -5.7% |
| 2004 | 0.0039 current US$ per US$ of GDP | +2.5% |
| 2005 | 0.0038 current US$ per US$ of GDP | -1.3% |
| 2006 | 0.0181 current US$ per US$ of GDP | +373.5% |
| 2007 | 0.0174 current US$ per US$ of GDP | -3.7% |
| 2008 | 0.018 current US$ per US$ of GDP | +3.2% |
| 2009 | 0.0485 current US$ per US$ of GDP | +170.3% |
| 2010 | 0.0687 current US$ per US$ of GDP | +41.5% |
| 2011 | 0.0628 current US$ per US$ of GDP | -8.5% |
| 2012 | 0.0393 current US$ per US$ of GDP | -37.4% |
| 2013 | 0.0349 current US$ per US$ of GDP | -11.3% |
| 2014 | 0.0344 current US$ per US$ of GDP | -1.4% |
| 2015 | 0.0425 current US$ per US$ of GDP | +23.8% |
| 2016 | 0.0502 current US$ per US$ of GDP | +17.9% |
| 2017 | 0.0372 current US$ per US$ of GDP | -25.8% |
| 2018 | 0.0388 current US$ per US$ of GDP | +4.2% |
| 2019 | 0.0515 current US$ per US$ of GDP | +32.8% |
| 2020 | 0.0428 current US$ per US$ of GDP | -16.9% |
| 2021 | 0.0353 current US$ per US$ of GDP | -17.4% |
| 2022 | 0.0402 current US$ per US$ of GDP | +13.7% |
| 2023 | 0.0376 current US$ per US$ of GDP | -6.4% |
| 2024 | 0.0327 current US$ per US$ of GDP | -13.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0327 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 6.2× the median. (47 countries reporting)
- Solomon Islands's 0.0327 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0086 current US$ per US$ of GDP, 3.8× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +373.5% | 0.0038 current US$ per US$ of GDP | 0.0181 current US$ per US$ of GDP |
| 2009 | +170.3% | 0.018 current US$ per US$ of GDP | 0.0485 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0254 current US$ per US$ of GDP | 0.0177 current US$ per US$ of GDP | 0.0347 current US$ per US$ of GDP | 8 |
| 1990s | 0.0155 current US$ per US$ of GDP | 0.0054 current US$ per US$ of GDP | 0.0298 current US$ per US$ of GDP | 10 |
| 2000s | 0.0138 current US$ per US$ of GDP | 0.0038 current US$ per US$ of GDP | 0.0485 current US$ per US$ of GDP | 10 |
| 2010s | 0.046 current US$ per US$ of GDP | 0.0344 current US$ per US$ of GDP | 0.0687 current US$ per US$ of GDP | 10 |
| 2020s | 0.0377 current US$ per US$ of GDP | 0.0327 current US$ per US$ of GDP | 0.0428 current US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 29 Cyprus 0.0369 current US$ per US$ of GDP compare
- 30 Samoa 0.0348 current US$ per US$ of GDP compare
- 31 Andorra 0.0346 current US$ per US$ of GDP compare
- 33 Central African Republic 0.0322 current US$ per US$ of GDP compare
- 34 Haiti 0.0317 current US$ per US$ of GDP compare
- 35 Liberia 0.0316 current US$ per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Solomon Islands?
- Personal remittances, paid (current us$), per unit of gdp in Solomon Islands was 0.0327 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.0687 current US$ per US$ of GDP in 2010.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.0038 current US$ per US$ of GDP in 2003.
- How does Solomon Islands rank for personal remittances, paid (current us$), per unit of gdp?
- Solomon Islands ranks 32nd out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 4.9%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.