Primary income payments in Solomon Islands
Solomon Islands: Primary income payments was 67.18 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
67.18 million BoP, current US$
Change on year
up 64.2%
World rank
174th
of 200 countries
All-time high
102.74 million BoP, current US$
in 2011
All-time low
1.96 million BoP, current US$
in 1975
Years of data
50
1975–2024
Primary income payments in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Solomon Islands is 67.18 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 64.2% on the previous year and up 12.4% over ten years.
Over the whole period, primary income payments in Solomon Islands peaked at 102.74 million BoP, current US$ in 2011 and was at its lowest, 1.96 million BoP, current US$, in 1975.
That places Solomon Islands 174th out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Solomon Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 1.96 million BoP, current US$ | — |
| 1976 | 3.91 million BoP, current US$ | +99.1% |
| 1977 | 4.10 million BoP, current US$ | +4.9% |
| 1978 | 3.43 million BoP, current US$ | -16.3% |
| 1979 | 4.62 million BoP, current US$ | +34.5% |
| 1980 | 14.94 million BoP, current US$ | +223.5% |
| 1981 | 3.91 million BoP, current US$ | -73.9% |
| 1982 | 11.22 million BoP, current US$ | +187.3% |
| 1983 | 10.19 million BoP, current US$ | -9.2% |
| 1984 | 13.82 million BoP, current US$ | +35.6% |
| 1985 | 8.64 million BoP, current US$ | -37.4% |
| 1986 | 9.24 million BoP, current US$ | +6.9% |
| 1987 | 11.03 million BoP, current US$ | +19.3% |
| 1988 | 12.10 million BoP, current US$ | +9.7% |
| 1989 | 11.77 million BoP, current US$ | -2.7% |
| 1990 | 7.59 million BoP, current US$ | -35.5% |
| 1991 | 10.39 million BoP, current US$ | +36.8% |
| 1992 | 10.89 million BoP, current US$ | +4.9% |
| 1993 | 4.61 million BoP, current US$ | -57.7% |
| 1994 | 4.44 million BoP, current US$ | -3.8% |
| 1995 | 7.96 million BoP, current US$ | +79.4% |
| 1996 | 9.42 million BoP, current US$ | +18.4% |
| 1997 | 11.17 million BoP, current US$ | +18.5% |
| 1998 | 10.01 million BoP, current US$ | -10.4% |
| 1999 | 22.38 million BoP, current US$ | +123.6% |
| 2000 | 11.46 million BoP, current US$ | -48.8% |
| 2001 | 7.01 million BoP, current US$ | -38.8% |
| 2002 | 10.22 million BoP, current US$ | +45.9% |
| 2003 | 6.96 million BoP, current US$ | -31.9% |
| 2004 | 8.32 million BoP, current US$ | +19.5% |
| 2005 | 7.07 million BoP, current US$ | -15.0% |
| 2006 | 26.42 million BoP, current US$ | +273.5% |
| 2007 | 47.87 million BoP, current US$ | +81.2% |
| 2008 | 76.39 million BoP, current US$ | +59.6% |
| 2009 | 69.09 million BoP, current US$ | -9.6% |
| 2010 | 63.03 million BoP, current US$ | -8.8% |
| 2011 | 102.74 million BoP, current US$ | +63.0% |
| 2012 | 90.62 million BoP, current US$ | -11.8% |
| 2013 | 27.55 million BoP, current US$ | -69.6% |
| 2014 | 59.79 million BoP, current US$ | +117.0% |
| 2015 | 75.76 million BoP, current US$ | +26.7% |
| 2016 | 83.11 million BoP, current US$ | +9.7% |
| 2017 | 71.15 million BoP, current US$ | -14.4% |
| 2018 | 62.96 million BoP, current US$ | -11.5% |
| 2019 | 66.28 million BoP, current US$ | +5.3% |
| 2020 | 20.80 million BoP, current US$ | -68.6% |
| 2021 | 36.76 million BoP, current US$ | +76.7% |
| 2022 | 56.74 million BoP, current US$ | +54.4% |
| 2023 | 40.91 million BoP, current US$ | -27.9% |
| 2024 | 67.18 million BoP, current US$ | +64.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 67.18 million BoP, current US$ is below the median for lower middle income countries, which is 1.37 billion BoP, current US$, 5% of the median. (47 countries reporting)
- Solomon Islands's 67.18 million BoP, current US$ is below the median for East Asia & Pacific, which is 1.58 billion BoP, current US$, 4% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Primary income payments in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +273.5% | 7.07 million BoP, current US$ | 26.42 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.61 million BoP, current US$ | 1.96 million BoP, current US$ | 4.62 million BoP, current US$ | 5 |
| 1980s | 10.69 million BoP, current US$ | 3.91 million BoP, current US$ | 14.94 million BoP, current US$ | 10 |
| 1990s | 9.89 million BoP, current US$ | 4.44 million BoP, current US$ | 22.38 million BoP, current US$ | 10 |
| 2000s | 27.08 million BoP, current US$ | 6.96 million BoP, current US$ | 76.39 million BoP, current US$ | 10 |
| 2010s | 70.30 million BoP, current US$ | 27.55 million BoP, current US$ | 102.74 million BoP, current US$ | 10 |
| 2020s | 44.48 million BoP, current US$ | 20.80 million BoP, current US$ | 67.18 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 171 Palestine 101.69 million BoP, current US$ compare
- 172 Cape Verde 101.33 million BoP, current US$ compare
- 173 French Polynesia 82.02 million BoP, current US$ compare
- 175 Sint Maarten (Dutch part) 66.99 million BoP, current US$ compare
- 176 Guinea-Bissau 64.68 million BoP, current US$ compare
- 177 Sierra Leone 58.22 million BoP, current US$ 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is primary income payments in Solomon Islands?
- Primary income payments in Solomon Islands was 67.18 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Solomon Islands?
- The highest recorded value was 102.74 million BoP, current US$ in 2011.
- What is the lowest primary income payments recorded in Solomon Islands?
- The lowest recorded value was 1.96 million BoP, current US$ in 1975.
- How does Solomon Islands rank for primary income payments?
- Solomon Islands ranks 174th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Solomon Islands?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.