Debt service on external debt, total in Solomon Islands
Solomon Islands: Debt service on external debt, total was 25.98 million TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
25.98 million TDS, current US$
Change on year
down 13.1%
World rank
118th
of 122 countries
All-time high
44.20 million TDS, current US$
in 2013
All-time low
14,517 TDS, current US$
in 1978
Years of data
47
1978–2024
Debt service on external debt, total in Solomon Islands, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Solomon Islands recorded 25.98 million TDS, current US$ for debt service on external debt, total in 2024.
Compared with earlier readings it is down 13.1% on the previous year and up 50.0% over ten years.
Over the whole period, debt service on external debt, total in Solomon Islands peaked at 44.20 million TDS, current US$ in 2013 and was at its lowest, 14,517 TDS, current US$, in 1978.
Solomon Islands ranks 118th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Solomon Islands, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1978 | 14,517 TDS, current US$ | — |
| 1979 | 1.41 million TDS, current US$ | +9597.9% |
| 1980 | 298,284 TDS, current US$ | -78.8% |
| 1981 | 474,167 TDS, current US$ | +59.0% |
| 1982 | 447,180 TDS, current US$ | -5.7% |
| 1983 | 651,133 TDS, current US$ | +45.6% |
| 1984 | 2.51 million TDS, current US$ | +285.2% |
| 1985 | 3.77 million TDS, current US$ | +50.2% |
| 1986 | 4.67 million TDS, current US$ | +23.9% |
| 1987 | 8.80 million TDS, current US$ | +88.6% |
| 1988 | 7.19 million TDS, current US$ | -18.3% |
| 1989 | 9.68 million TDS, current US$ | +34.6% |
| 1990 | 11.58 million TDS, current US$ | +19.6% |
| 1991 | 13.41 million TDS, current US$ | +15.8% |
| 1992 | 7.61 million TDS, current US$ | -43.2% |
| 1993 | 9.97 million TDS, current US$ | +31.0% |
| 1994 | 15.87 million TDS, current US$ | +59.2% |
| 1995 | 8.11 million TDS, current US$ | -48.9% |
| 1996 | 8.39 million TDS, current US$ | +3.5% |
| 1997 | 5.72 million TDS, current US$ | -31.8% |
| 1998 | 11.94 million TDS, current US$ | +108.7% |
| 1999 | 10.97 million TDS, current US$ | -8.1% |
| 2000 | 9.15 million TDS, current US$ | -16.6% |
| 2001 | 7.07 million TDS, current US$ | -22.7% |
| 2002 | 5.72 million TDS, current US$ | -19.2% |
| 2003 | 9.42 million TDS, current US$ | +64.7% |
| 2004 | 18.59 million TDS, current US$ | +97.4% |
| 2005 | 14.06 million TDS, current US$ | -24.4% |
| 2006 | 4.32 million TDS, current US$ | -69.3% |
| 2007 | 13.93 million TDS, current US$ | +222.6% |
| 2008 | 15.14 million TDS, current US$ | +8.7% |
| 2009 | 9.99 million TDS, current US$ | -34.0% |
| 2010 | 20.70 million TDS, current US$ | +107.1% |
| 2011 | 15.30 million TDS, current US$ | -26.1% |
| 2012 | 29.86 million TDS, current US$ | +95.2% |
| 2013 | 44.20 million TDS, current US$ | +48.1% |
| 2014 | 17.32 million TDS, current US$ | -60.8% |
| 2015 | 14.02 million TDS, current US$ | -19.1% |
| 2016 | 22.95 million TDS, current US$ | +63.6% |
| 2017 | 29.79 million TDS, current US$ | +29.8% |
| 2018 | 35.44 million TDS, current US$ | +19.0% |
| 2019 | 25.82 million TDS, current US$ | -27.1% |
| 2020 | 31.75 million TDS, current US$ | +23.0% |
| 2021 | 11.47 million TDS, current US$ | -63.9% |
| 2022 | 11.55 million TDS, current US$ | +0.7% |
| 2023 | 29.90 million TDS, current US$ | +158.8% |
| 2024 | 25.98 million TDS, current US$ | -13.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 25.98 million TDS, current US$ is below the median for lower middle income countries, which is 1.79 billion TDS, current US$, 1% of the median. (43 countries reporting)
- Solomon Islands's 25.98 million TDS, current US$ is below the median for East Asia & Pacific, which is 2.77 billion TDS, current US$, 1% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +9597.9% | 14,517 TDS, current US$ | 1.41 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 711,184 TDS, current US$ | 14,517 TDS, current US$ | 1.41 million TDS, current US$ | 2 |
| 1980s | 3.85 million TDS, current US$ | 298,284 TDS, current US$ | 9.68 million TDS, current US$ | 10 |
| 1990s | 10.36 million TDS, current US$ | 5.72 million TDS, current US$ | 15.87 million TDS, current US$ | 10 |
| 2000s | 10.74 million TDS, current US$ | 4.32 million TDS, current US$ | 18.59 million TDS, current US$ | 10 |
| 2010s | 25.54 million TDS, current US$ | 14.02 million TDS, current US$ | 44.20 million TDS, current US$ | 10 |
| 2020s | 22.13 million TDS, current US$ | 11.47 million TDS, current US$ | 31.75 million TDS, current US$ | 5 |
Countries ranked near Solomon Islands
- 115 Syria 28.71 million TDS, current US$ compare
- 116 Vanuatu 26.17 million TDS, current US$ compare
- 117 East Timor 26.06 million TDS, current US$ compare
- 119 Comoros 24.64 million TDS, current US$ compare
- 120 Eritrea 21.22 million TDS, current US$ compare
- 121 Somalia 16.30 million TDS, current US$ compare
More external debt data for Solomon Islands
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.4% (2024)
- Net financial flows, IDA 48.48 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 59.17 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0306 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 1.0% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 730.3 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service on external debt, total in Solomon Islands?
- Debt service on external debt, total in Solomon Islands was 25.98 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Solomon Islands?
- The highest recorded value was 44.20 million TDS, current US$ in 2013.
- What is the lowest debt service on external debt, total recorded in Solomon Islands?
- The lowest recorded value was 14,517 TDS, current US$ in 1978.
- How does Solomon Islands rank for debt service on external debt, total?
- Solomon Islands ranks 118th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Solomon Islands?
- Over the last ten years it is up 50.0%. 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 Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.