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Short-term debt in Solomon Islands

Solomon Islands: Short-term debt was 4.1% in 2024. ◆ Volatile

Latest (2024)
4.1%
Change on year
down 38.5%
World rank
88th
of 119 countries
All-time high
26.6%
in 1991
All-time low
0.0%
in 1989
Years of data
43
1982–2024

Short-term debt in Solomon Islands, 1982–2024

01020301982200320241982: 4 % of exports of goods, services and primary income1983: 3.8 % of exports of goods, services and primary income1984: 3.7 % of exports of goods, services and primary income1985: 10.7 % of exports of goods, services and primary income1986: 3.6 % of exports of goods, services and primary income1987: 1.7 % of exports of goods, services and primary income1988: 1.5 % of exports of goods, services and primary income1989: 0 % of exports of goods, services and primary income1990: 17 % of exports of goods, services and primary income1991: 26.6 % of exports of goods, services and primary income1992: 1.3 % of exports of goods, services and primary income1993: 3.6 % of exports of goods, services and primary income1994: 1 % of exports of goods, services and primary income1995: 4.6 % of exports of goods, services and primary income1996: 0.666 % of exports of goods, services and primary income1997: 0.959 % of exports of goods, services and primary income1998: 1.4 % of exports of goods, services and primary income1999: 2.1 % of exports of goods, services and primary income2000: 2.5 % of exports of goods, services and primary income2001: 4.4 % of exports of goods, services and primary income2002: 8.3 % of exports of goods, services and primary income2003: 8.5 % of exports of goods, services and primary income2004: 9.5 % of exports of goods, services and primary income2005: 9.9 % of exports of goods, services and primary income2006: 8.9 % of exports of goods, services and primary income2007: 1.4 % of exports of goods, services and primary income2008: 1.1 % of exports of goods, services and primary income2009: 1.1 % of exports of goods, services and primary income2010: 1.2 % of exports of goods, services and primary income2011: 2.3 % of exports of goods, services and primary income2012: 0.307 % of exports of goods, services and primary income2013: 0.496 % of exports of goods, services and primary income2014: 2.4 % of exports of goods, services and primary income2015: 3.8 % of exports of goods, services and primary income2016: 5.8 % of exports of goods, services and primary income2017: 4.4 % of exports of goods, services and primary income2018: 6 % of exports of goods, services and primary income2019: 5.6 % of exports of goods, services and primary income2020: 5.5 % of exports of goods, services and primary income2021: 11 % of exports of goods, services and primary income2022: 12.4 % of exports of goods, services and primary income2023: 6.7 % of exports of goods, services and primary income2024: 4.1 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

Solomon Islands recorded 4.1% for short-term debt in 2024.

That represents a change of down 38.5% on the previous year and up 68.0% over ten years.

Over the whole period, short-term debt in Solomon Islands peaked at 26.6% in 1991 and was at its lowest, 0.0%, in 1989.

That places Solomon Islands 88th out of 119 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.

Short-term debt in Solomon Islands, year by year

Year % of exports of goods, services and primary income Change
1982 4.0% —
1983 3.8% -5.9%
1984 3.7% -2.2%
1985 10.7% +188.5%
1986 3.6% -66.6%
1987 1.7% -53.7%
1988 1.5% -9.0%
1989 0.0% -100.0%
1990 17.0% —
1991 26.6% +56.7%
1992 1.3% -95.1%
1993 3.6% +173.3%
1994 1.0% -71.0%
1995 4.6% +342.5%
1996 0.7% -85.4%
1997 1.0% +43.9%
1998 1.4% +50.2%
1999 2.1% +45.4%
2000 2.5% +19.3%
2001 4.4% +77.8%
2002 8.3% +87.8%
2003 8.5% +1.4%
2004 9.5% +12.4%
2005 9.9% +3.8%
2006 8.9% -10.1%
2007 1.4% -83.7%
2008 1.1% -24.4%
2009 1.1% -2.7%
2010 1.2% +12.7%
2011 2.3% +89.5%
2012 0.3% -86.5%
2013 0.5% +61.7%
2014 2.4% +392.1%
2015 3.8% +54.1%
2016 5.8% +54.7%
2017 4.4% -24.6%
2018 6.0% +35.7%
2019 5.6% -5.3%
2020 5.5% -2.2%
2021 11.0% +100.0%
2022 12.4% +12.4%
2023 6.7% -46.2%
2024 4.1% -38.5%

Solomon Islands compared with similar countries

  • Solomon Islands's 4.1% is below the median for lower middle income countries, which is 13.3%, 31% of the median. (43 countries reporting)
  • Solomon Islands's 4.1% is below the median for East Asia & Pacific, which is 11.5%, 36% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.6% 0.0% 10.7% 8
1990s 5.9% 0.7% 26.6% 10
2000s 5.6% 1.1% 9.9% 10
2010s 3.2% 0.3% 6.0% 10
2020s 7.9% 4.1% 12.4% 5

Countries ranked near Solomon Islands

  1. 85 Malawi 4.9% compare
  2. 86 Uganda 4.6% compare
  3. 87 Saint Lucia 4.5% compare
  4. 89 Gabon 3.8% compare
  5. 90 Congo 3.7% compare
  6. 91 Guinea 3.2% compare

See the full ranking of 151 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is short-term debt in Solomon Islands?
Short-term debt in Solomon Islands was 4.1% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Solomon Islands?
The highest recorded value was 26.6% in 1991.
What is the lowest short-term debt recorded in Solomon Islands?
The lowest recorded value was 0.0% in 1989.
How does Solomon Islands rank for short-term debt?
Solomon Islands ranks 88th out of 119 countries with data for 2024.
Is short-term debt rising or falling in Solomon Islands?
Over the last ten years it is up 68.0%. The long-run trend across the full record is volatile.
Where does this Solomon Islands data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Short-term debt in Solomon Islands. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/solomon-islands/

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About this data

Indicator
Short-term debt (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 5,838 data points, 1970–2024
Last refreshed

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.