Use of IMF credit in Solomon Islands
Solomon Islands: Use of IMF credit was 52.62 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Solomon Islands, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Solomon Islands recorded 52.62 million DOD, current US$ for use of imf credit in 2024.
The figure is down 17.3% on the previous year and up 65.5% over ten years.
Over the whole period, use of imf credit in Solomon Islands peaked at 71.65 million DOD, current US$ in 2021 and was at its lowest, 0 DOD, current US$, in 1978.
Solomon Islands ranks 114th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 DOD, current US$ | 0 DOD, current US$ | 0 DOD, current US$ | 2 |
| 1980s | 2.20 million DOD, current US$ | 0 DOD, current US$ | 3.50 million DOD, current US$ | 10 |
| 1990s | 156,540 DOD, current US$ | 0 DOD, current US$ | 898,170 DOD, current US$ | 10 |
| 2000s | 2.40 million DOD, current US$ | 822,404 DOD, current US$ | 15.53 million DOD, current US$ | 10 |
| 2010s | 26.50 million DOD, current US$ | 14.97 million DOD, current US$ | 34.94 million DOD, current US$ | 10 |
| 2020s | 56.23 million DOD, current US$ | 25.34 million DOD, current US$ | 71.65 million DOD, current US$ | 5 |
Countries ranked near Solomon Islands
- 111 Grenada 60.62 million DOD, current US$ compare
- 112 Belize 56.71 million DOD, current US$ compare
- 113 Samoa 55.84 million DOD, current US$ compare
- 115 Vanuatu 52.07 million DOD, current US$ compare
- 116 St. Vincent and the Grenadines 50.86 million DOD, current US$ compare
- 117 Tonga 43.83 million DOD, current US$ compare
More external debt data for Solomon Islands
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 0.4% (2024)
- Net financial flows, IDA 48.48 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 1.0% (2024)
- External debt stocks, public and publicly guaranteed (PPG) 284.84 million DOD, current US$ (2024)
- IBRD loans and IDA credits 124.63 million DOD, current US$ (2024)
- Net financial flows, bilateral 7.19 million NFL, current US$ (2024)
- Net financial flows, multilateral 86.11 million NFL, current US$ (2024)
- PPG, official creditors 93.30 million NFL, US$ (2024)
- IMF repurchases and charges 11.45 million TDS, current US$ (2024)
Frequently asked questions
- What is use of imf credit in Solomon Islands?
- Use of imf credit in Solomon Islands was 52.62 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Solomon Islands?
- The highest recorded value was 71.65 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Solomon Islands?
- The lowest recorded value was 0 DOD, current US$ in 1978.
- How does Solomon Islands rank for use of imf credit?
- Solomon Islands ranks 114th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Solomon Islands?
- Over the last ten years it is up 65.5%. 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 Use of IMF credit (DOD, 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
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.