Multilateral debt service in Solomon Islands
Solomon Islands: Multilateral debt service was 78.0% in 2024. ▲ Rising
Multilateral debt service in Solomon Islands, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
The most recent figure for multilateral debt service in Solomon Islands is 78.0%, measured in 2024.
Compared with earlier readings it is down 0.7% on the previous year and up 6.3% over ten years.
Over the whole period, multilateral debt service in Solomon Islands peaked at 91.2% in 1983 and was at its lowest, 10.6%, in 1989.
That places Solomon Islands 15th out of 123 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Multilateral debt service in Solomon Islands, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1978 | 20.7% | — |
| 1979 | 40.2% | +94.7% |
| 1980 | 64.0% | +59.1% |
| 1981 | 88.0% | +37.4% |
| 1982 | 87.5% | -0.5% |
| 1983 | 91.2% | +4.2% |
| 1984 | 14.3% | -84.4% |
| 1985 | 23.0% | +61.1% |
| 1986 | 27.2% | +18.4% |
| 1987 | 26.7% | -2.0% |
| 1988 | 15.8% | -40.7% |
| 1989 | 10.6% | -32.7% |
| 1990 | 10.8% | +1.4% |
| 1991 | 19.8% | +83.7% |
| 1992 | 19.5% | -1.7% |
| 1993 | 16.7% | -14.3% |
| 1994 | 19.6% | +17.4% |
| 1995 | 41.9% | +113.8% |
| 1996 | 31.6% | -24.7% |
| 1997 | 56.1% | +77.9% |
| 1998 | 73.8% | +31.5% |
| 1999 | 42.1% | -42.9% |
| 2000 | 51.4% | +22.0% |
| 2001 | 67.0% | +30.5% |
| 2002 | 48.9% | -27.1% |
| 2003 | 76.2% | +55.8% |
| 2004 | 58.3% | -23.5% |
| 2005 | 37.4% | -35.7% |
| 2006 | 72.5% | +93.6% |
| 2007 | 29.8% | -58.8% |
| 2008 | 70.2% | +135.4% |
| 2009 | 68.3% | -2.7% |
| 2010 | 75.1% | +9.9% |
| 2011 | 70.9% | -5.6% |
| 2012 | 71.8% | +1.2% |
| 2013 | 71.6% | -0.2% |
| 2014 | 73.4% | +2.4% |
| 2015 | 75.4% | +2.7% |
| 2016 | 79.6% | +5.7% |
| 2017 | 75.7% | -4.9% |
| 2018 | 75.2% | -0.7% |
| 2019 | 77.1% | +2.5% |
| 2020 | 77.9% | +1.2% |
| 2021 | 79.1% | +1.5% |
| 2022 | 78.3% | -1.1% |
| 2023 | 78.5% | +0.3% |
| 2024 | 78.0% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.5% | 20.7% | 40.2% | 2 |
| 1980s | 44.8% | 10.6% | 91.2% | 10 |
| 1990s | 33.2% | 10.8% | 73.8% | 10 |
| 2000s | 58.0% | 29.8% | 76.2% | 10 |
| 2010s | 74.6% | 70.9% | 79.6% | 10 |
| 2020s | 78.4% | 77.9% | 79.1% | 5 |
Countries ranked near Solomon Islands
- 12 Sao Tome and Principe 82.3% compare
- 13 Nepal 80.4% compare
- 14 Bosnia and Herzegovina 78.4% compare
- 16 Burkina Faso 77.2% compare
- 17 Algeria 75.8% compare
- 18 Zimbabwe 75.0% 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 multilateral debt service in Solomon Islands?
- Multilateral debt service in Solomon Islands was 78.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Solomon Islands?
- The highest recorded value was 91.2% in 1983.
- What is the lowest multilateral debt service recorded in Solomon Islands?
- The lowest recorded value was 10.6% in 1989.
- How does Solomon Islands rank for multilateral debt service?
- Solomon Islands ranks 15th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Solomon Islands?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.