Secondary income, other sectors, payments in Solomon Islands
Solomon Islands: Secondary income, other sectors, payments was 41.68 million BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Solomon Islands, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Solomon Islands is 41.68 million BoP, current US$, measured in 2024.
The figure is down 13.3% on the previous year and up 20.0% over ten years.
Over the whole period, secondary income, other sectors, payments in Solomon Islands peaked at 75.77 million BoP, current US$ in 2019 and was at its lowest, 3.49 million BoP, current US$, in 1987.
That places Solomon Islands 171st out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Solomon Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | 5.75 million BoP, current US$ | — |
| 1982 | 7.41 million BoP, current US$ | +29.0% |
| 1983 | 5.05 million BoP, current US$ | -31.9% |
| 1984 | 4.55 million BoP, current US$ | -9.8% |
| 1985 | 4.12 million BoP, current US$ | -9.5% |
| 1986 | 3.56 million BoP, current US$ | -13.6% |
| 1987 | 3.49 million BoP, current US$ | -1.9% |
| 1988 | 5.09 million BoP, current US$ | +45.7% |
| 1989 | 4.14 million BoP, current US$ | -18.6% |
| 1990 | 5.58 million BoP, current US$ | +34.6% |
| 1991 | 8.44 million BoP, current US$ | +51.3% |
| 1992 | 7.62 million BoP, current US$ | -9.7% |
| 1993 | 5.52 million BoP, current US$ | -27.5% |
| 1994 | 11.06 million BoP, current US$ | +100.3% |
| 1995 | 16.74 million BoP, current US$ | +51.3% |
| 1996 | 14.47 million BoP, current US$ | -13.5% |
| 1997 | 17.08 million BoP, current US$ | +18.1% |
| 1998 | 22.90 million BoP, current US$ | +34.1% |
| 1999 | 22.90 million BoP, current US$ | -0.0% |
| 2000 | 28.22 million BoP, current US$ | +23.2% |
| 2001 | 20.16 million BoP, current US$ | -28.6% |
| 2002 | 17.06 million BoP, current US$ | -15.4% |
| 2003 | 14.31 million BoP, current US$ | -16.1% |
| 2004 | 23.01 million BoP, current US$ | +60.8% |
| 2005 | 31.91 million BoP, current US$ | +38.7% |
| 2006 | 9.36 million BoP, current US$ | -70.7% |
| 2007 | 8.44 million BoP, current US$ | -9.8% |
| 2008 | 11.39 million BoP, current US$ | +34.9% |
| 2009 | 34.69 million BoP, current US$ | +204.6% |
| 2010 | 58.30 million BoP, current US$ | +68.0% |
| 2011 | 61.74 million BoP, current US$ | +5.9% |
| 2012 | 40.57 million BoP, current US$ | -34.3% |
| 2013 | 37.11 million BoP, current US$ | -8.5% |
| 2014 | 34.74 million BoP, current US$ | -6.4% |
| 2015 | 44.47 million BoP, current US$ | +28.0% |
| 2016 | 60.24 million BoP, current US$ | +35.5% |
| 2017 | 50.21 million BoP, current US$ | -16.7% |
| 2018 | 56.51 million BoP, current US$ | +12.6% |
| 2019 | 75.77 million BoP, current US$ | +34.1% |
| 2020 | 58.39 million BoP, current US$ | -22.9% |
| 2021 | 47.49 million BoP, current US$ | -18.7% |
| 2022 | 45.08 million BoP, current US$ | -5.1% |
| 2023 | 48.07 million BoP, current US$ | +6.6% |
| 2024 | 41.68 million BoP, current US$ | -13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.80 million BoP, current US$ | 3.49 million BoP, current US$ | 7.41 million BoP, current US$ | 9 |
| 1990s | 13.23 million BoP, current US$ | 5.52 million BoP, current US$ | 22.90 million BoP, current US$ | 10 |
| 2000s | 19.86 million BoP, current US$ | 8.44 million BoP, current US$ | 34.69 million BoP, current US$ | 10 |
| 2010s | 51.97 million BoP, current US$ | 34.74 million BoP, current US$ | 75.77 million BoP, current US$ | 10 |
| 2020s | 48.14 million BoP, current US$ | 41.68 million BoP, current US$ | 58.39 million BoP, current US$ | 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)
- Services, value added (constant LCU), per capita 7,190 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 4.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9801 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,895 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 8.29 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 16,023 current LCU per person (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Solomon Islands?
- Secondary income, other sectors, payments in Solomon Islands was 41.68 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Solomon Islands?
- The highest recorded value was 75.77 million BoP, current US$ in 2019.
- What is the lowest secondary income, other sectors, payments recorded in Solomon Islands?
- The lowest recorded value was 3.49 million BoP, current US$ in 1987.
- How does Solomon Islands rank for secondary income, other sectors, payments?
- Solomon Islands ranks 171st out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Solomon Islands?
- Over the last ten years it is up 20.0%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.