Net official development assistance received in Solomon Islands
Solomon Islands: Net official development assistance received was 193.45 million current US$ in 2018. ◆ Volatile
Net official development assistance received in Solomon Islands, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Solomon Islands is 193.45 million current US$, measured in 2018.
The figure is up 3.6% on the previous year and down 13.7% over ten years.
Over the whole period, net official development assistance received in Solomon Islands peaked at 332.85 million current US$ in 2010 and was at its lowest, 26.18 million current US$, in 2002.
Solomon Islands ranks 85th of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 41.61 million current US$ | — |
| 1991 | 36.84 million current US$ | -11.5% |
| 1992 | 44.34 million current US$ | +20.4% |
| 1993 | 53.43 million current US$ | +20.5% |
| 1994 | 46.89 million current US$ | -12.2% |
| 1995 | 47.83 million current US$ | +2.0% |
| 1996 | 42.75 million current US$ | -10.6% |
| 1997 | 41.79 million current US$ | -2.2% |
| 1998 | 28.63 million current US$ | -31.5% |
| 1999 | 40.07 million current US$ | +40.0% |
| 2000 | 68.38 million current US$ | +70.7% |
| 2001 | 59.18 million current US$ | -13.5% |
| 2002 | 26.18 million current US$ | -55.8% |
| 2003 | 61.94 million current US$ | +136.6% |
| 2004 | 121.56 million current US$ | +96.3% |
| 2005 | 196.79 million current US$ | +61.9% |
| 2006 | 199.70 million current US$ | +1.5% |
| 2007 | 237.17 million current US$ | +18.8% |
| 2008 | 224.16 million current US$ | -5.5% |
| 2009 | 205.78 million current US$ | -8.2% |
| 2010 | 332.85 million current US$ | +61.8% |
| 2011 | 327.88 million current US$ | -1.5% |
| 2012 | 305.10 million current US$ | -6.9% |
| 2013 | 289.83 million current US$ | -5.0% |
| 2014 | 200.52 million current US$ | -30.8% |
| 2015 | 190.03 million current US$ | -5.2% |
| 2016 | 175.50 million current US$ | -7.6% |
| 2017 | 186.81 million current US$ | +6.4% |
| 2018 | 193.45 million current US$ | +3.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 193.45 million current US$ is below the median for lower middle income countries, which is 659.93 million current US$, 29% of the median. (47 countries reporting)
- Solomon Islands's 193.45 million current US$ is above the median for East Asia & Pacific, which is 104.93 million current US$, 1.8× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +136.6% | 26.18 million current US$ | 61.94 million current US$ |
| 2004 | +96.3% | 61.94 million current US$ | 121.56 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.42 million current US$ | 28.63 million current US$ | 53.43 million current US$ | 10 |
| 2000s | 140.08 million current US$ | 26.18 million current US$ | 237.17 million current US$ | 10 |
| 2010s | 244.66 million current US$ | 175.50 million current US$ | 332.85 million current US$ | 9 |
Countries ranked near Solomon Islands
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 net official development assistance received in Solomon Islands?
- Net official development assistance received in Solomon Islands was 193.45 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Solomon Islands?
- The highest recorded value was 332.85 million current US$ in 2010.
- What is the lowest net official development assistance received recorded in Solomon Islands?
- The lowest recorded value was 26.18 million current US$ in 2002.
- How does Solomon Islands rank for net official development assistance received?
- Solomon Islands ranks 85th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Solomon Islands?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.