Total reserves in months of imports in Solomon Islands
Solomon Islands: Total reserves in months of imports was 8.93 ratio in 2023. ◆ Volatile
Total reserves in months of imports in Solomon Islands, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
In 2023, total reserves in months of imports in Solomon Islands stood at 8.93 ratio.
That represents a change of down 7.7% on the previous year and up 5.8% over ten years.
Over the whole period, total reserves in months of imports in Solomon Islands peaked at 13.75 ratio in 2020 and was at its lowest, 1.25 ratio, in 2001.
That places Solomon Islands 21st out of 172 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in months of imports in Solomon Islands, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 2.18 ratio | — |
| 2001 | 1.25 ratio | -42.7% |
| 2002 | 1.75 ratio | +40.0% |
| 2003 | 2.73 ratio | +56.0% |
| 2004 | 5.6 ratio | +105.1% |
| 2005 | 4.55 ratio | -18.7% |
| 2006 | 4.31 ratio | -5.3% |
| 2007 | 3.57 ratio | -17.2% |
| 2008 | 2.27 ratio | -36.4% |
| 2009 | 4.24 ratio | +86.8% |
| 2010 | 5.22 ratio | +23.1% |
| 2011 | 6.94 ratio | +33.0% |
| 2012 | 8.22 ratio | +18.4% |
| 2013 | 8.44 ratio | +2.7% |
| 2014 | 8 ratio | -5.2% |
| 2015 | 8.96 ratio | +12.0% |
| 2016 | 8.69 ratio | -3.0% |
| 2017 | 9.18 ratio | +5.6% |
| 2018 | 9.13 ratio | -0.5% |
| 2019 | 8.37 ratio | -8.3% |
| 2020 | 13.75 ratio | +64.3% |
| 2021 | 12.7 ratio | -7.6% |
| 2022 | 9.67 ratio | -23.9% |
| 2023 | 8.93 ratio | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.25 ratio | 1.25 ratio | 5.6 ratio | 10 |
| 2010s | 8.12 ratio | 5.22 ratio | 9.18 ratio | 10 |
| 2020s | 11.26 ratio | 8.93 ratio | 13.75 ratio | 4 |
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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is total reserves in months of imports in Solomon Islands?
- Total reserves in months of imports in Solomon Islands was 8.93 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Solomon Islands?
- The highest recorded value was 13.75 ratio in 2020.
- What is the lowest total reserves in months of imports recorded in Solomon Islands?
- The lowest recorded value was 1.25 ratio in 2001.
- How does Solomon Islands rank for total reserves in months of imports?
- Solomon Islands ranks 21st out of 172 countries with data for 2023.
- Is total reserves in months of imports rising or falling in Solomon Islands?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Total reserves in months of imports (ratio).