Total reserves in Solomon Islands
Solomon Islands: Total reserves was 685.81 million includes gold, current US$ in 2024. ◆ Volatile
Total reserves in Solomon Islands, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
In 2024, total reserves in Solomon Islands stood at 685.81 million includes gold, current US$.
Compared with earlier readings it is down 0.4% on the previous year and up 38.3% over ten years.
Over the whole period, total reserves in Solomon Islands peaked at 694.51 million includes gold, current US$ in 2021 and was at its lowest, 2.87 million includes gold, current US$, in 1977.
Solomon Islands ranks 153rd of 182 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Solomon Islands, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1977 | 2.87 million includes gold, current US$ | — |
| 1978 | 29.19 million includes gold, current US$ | +916.7% |
| 1979 | 36.96 million includes gold, current US$ | +26.6% |
| 1980 | 29.60 million includes gold, current US$ | -19.9% |
| 1981 | 21.59 million includes gold, current US$ | -27.1% |
| 1982 | 37.23 million includes gold, current US$ | +72.4% |
| 1983 | 47.33 million includes gold, current US$ | +27.1% |
| 1984 | 44.70 million includes gold, current US$ | -5.5% |
| 1985 | 35.61 million includes gold, current US$ | -20.4% |
| 1986 | 29.57 million includes gold, current US$ | -16.9% |
| 1987 | 36.75 million includes gold, current US$ | +24.3% |
| 1988 | 39.62 million includes gold, current US$ | +7.8% |
| 1989 | 26.16 million includes gold, current US$ | -34.0% |
| 1990 | 17.60 million includes gold, current US$ | -32.7% |
| 1991 | 8.54 million includes gold, current US$ | -51.5% |
| 1992 | 23.50 million includes gold, current US$ | +175.1% |
| 1993 | 20.07 million includes gold, current US$ | -14.6% |
| 1994 | 17.42 million includes gold, current US$ | -13.2% |
| 1995 | 15.91 million includes gold, current US$ | -8.7% |
| 1996 | 32.58 million includes gold, current US$ | +104.9% |
| 1997 | 36.34 million includes gold, current US$ | +11.5% |
| 1998 | 49.03 million includes gold, current US$ | +34.9% |
| 1999 | 51.14 million includes gold, current US$ | +4.3% |
| 2000 | 32.04 million includes gold, current US$ | -37.3% |
| 2001 | 18.07 million includes gold, current US$ | -43.6% |
| 2002 | 18.69 million includes gold, current US$ | +3.4% |
| 2003 | 37.01 million includes gold, current US$ | +98.0% |
| 2004 | 79.81 million includes gold, current US$ | +115.7% |
| 2005 | 94.83 million includes gold, current US$ | +18.8% |
| 2006 | 104.08 million includes gold, current US$ | +9.8% |
| 2007 | 120.53 million includes gold, current US$ | +15.8% |
| 2008 | 88.83 million includes gold, current US$ | -26.3% |
| 2009 | 145.99 million includes gold, current US$ | +64.3% |
| 2010 | 265.83 million includes gold, current US$ | +82.1% |
| 2011 | 412.27 million includes gold, current US$ | +55.1% |
| 2012 | 498.91 million includes gold, current US$ | +21.0% |
| 2013 | 520.47 million includes gold, current US$ | +4.3% |
| 2014 | 495.90 million includes gold, current US$ | -4.7% |
| 2015 | 519.56 million includes gold, current US$ | +4.8% |
| 2016 | 513.96 million includes gold, current US$ | -1.1% |
| 2017 | 574.23 million includes gold, current US$ | +11.7% |
| 2018 | 617.12 million includes gold, current US$ | +7.5% |
| 2019 | 571.63 million includes gold, current US$ | -7.4% |
| 2020 | 661.00 million includes gold, current US$ | +15.6% |
| 2021 | 694.51 million includes gold, current US$ | +5.1% |
| 2022 | 661.60 million includes gold, current US$ | -4.7% |
| 2023 | 688.22 million includes gold, current US$ | +4.0% |
| 2024 | 685.81 million includes gold, current US$ | -0.4% |
Solomon Islands compared with similar countries
- Solomon Islands's 685.81 million includes gold, current US$ is below the median for lower middle income countries, which is 4.39 billion includes gold, current US$, 16% of the median. (42 countries reporting)
- Solomon Islands's 685.81 million includes gold, current US$ is below the median for East Asia & Pacific, which is 27.84 billion includes gold, current US$, 2% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Total reserves in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +916.7% | 2.87 million includes gold, current US$ | 29.19 million includes gold, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.00 million includes gold, current US$ | 2.87 million includes gold, current US$ | 36.96 million includes gold, current US$ | 3 |
| 1980s | 34.82 million includes gold, current US$ | 21.59 million includes gold, current US$ | 47.33 million includes gold, current US$ | 10 |
| 1990s | 27.21 million includes gold, current US$ | 8.54 million includes gold, current US$ | 51.14 million includes gold, current US$ | 10 |
| 2000s | 73.99 million includes gold, current US$ | 18.07 million includes gold, current US$ | 145.99 million includes gold, current US$ | 10 |
| 2010s | 498.99 million includes gold, current US$ | 265.83 million includes gold, current US$ | 617.12 million includes gold, current US$ | 10 |
| 2020s | 678.23 million includes gold, current US$ | 661.00 million includes gold, current US$ | 694.51 million includes gold, current US$ | 5 |
Countries ranked near Solomon Islands
- 150 East Timor 850.56 million includes gold, current US$ compare
- 151 Seychelles 773.68 million includes gold, current US$ compare
- 152 Congo 758.55 million includes gold, current US$ compare
- 154 Djibouti 655.74 million includes gold, current US$ compare
- 155 Gabon 638.79 million includes gold, current US$ compare
- 156 Gambia 628.85 million includes gold, 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is total reserves in Solomon Islands?
- Total reserves in Solomon Islands was 685.81 million includes gold, current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Solomon Islands?
- The highest recorded value was 694.51 million includes gold, current US$ in 2021.
- What is the lowest total reserves recorded in Solomon Islands?
- The lowest recorded value was 2.87 million includes gold, current US$ in 1977.
- How does Solomon Islands rank for total reserves?
- Solomon Islands ranks 153rd out of 182 countries with data for 2024.
- Is total reserves rising or falling in Solomon Islands?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.