Personal remittances, received in Solomon Islands
Solomon Islands: Personal remittances, received was 95.18 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Solomon Islands, 1999–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Solomon Islands recorded 95.18 million current US$ for personal remittances, received in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 12.6% on the previous year and up 482.7% over ten years.
Over the whole period, personal remittances, received in Solomon Islands peaked at 95.18 million current US$ in 2024 and was at its lowest, 2.36 million current US$, in 1999.
That places Solomon Islands 157th out of 195 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.36 million current US$ | 2.36 million current US$ | 2.36 million current US$ | 1 |
| 2000s | 7.68 million current US$ | 3.22 million current US$ | 12.63 million current US$ | 10 |
| 2010s | 18.95 million current US$ | 14.28 million current US$ | 25.47 million current US$ | 10 |
| 2020s | 67.88 million current US$ | 27.51 million current US$ | 95.18 million current US$ | 5 |
Countries ranked near Solomon Islands
- 154 Bhutan 109.60 million current US$ compare
- 155 Chile 100.29 million current US$ compare
- 156 Namibia 96.50 million current US$ compare
- 158 Mauritania 94.54 million current US$ compare
- 159 Saint Vincent and the Grenadines 88.32 million current US$ compare
- 160 Barbados 85.18 million current US$ compare
More economy & growth data for Solomon Islands
- External balance on goods and services as a percent of GDP -30.2% (2024)
- Inflation of consumer prices 3.4% (2025)
- GDP per capita 1,828 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2024)
- Gross domestic product (GDP) 1.53 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,828 constant 2015 US$ (2025)
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
Frequently asked questions
- What is personal remittances, received in Solomon Islands?
- Personal remittances, received in Solomon Islands was 95.18 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Solomon Islands?
- The highest recorded value was 95.18 million current US$ in 2024.
- What is the lowest personal remittances, received recorded in Solomon Islands?
- The lowest recorded value was 2.36 million current US$ in 1999.
- How does Solomon Islands rank for personal remittances, received?
- Solomon Islands ranks 157th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Solomon Islands?
- Over the last ten years it is up 482.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.