Remittances, annual growth rate in Solomon Islands

Solomon Islands: Remittances, annual growth rate was 7.04 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.04 % change on previous year
Change on year
up 378.9%
World rank
41st
of 189 countries
All-time high
113.27 % change on previous year
in 2000
All-time low
-35.19 % change on previous year
in 2008
Years of data
25
2000–2024

Remittances, annual growth rate in Solomon Islands, 2000–2024

-500501002000201220242000: 113.3 % change on previous year2001: 7.4 % change on previous year2002: -15.8 % change on previous year2003: -0.182 % change on previous year2004: 100 % change on previous year2005: -30.3 % change on previous year2006: 34.3 % change on previous year2007: 4.4 % change on previous year2008: -35.2 % change on previous year2009: 31.9 % change on previous year2010: 2.3 % change on previous year2011: 0.088 % change on previous year2012: 9.9 % change on previous year2013: -8.2 % change on previous year2014: -23.8 % change on previous year2015: 16.2 % change on previous year2016: 3.5 % change on previous year2017: -24.4 % change on previous year2018: 10.9 % change on previous year2019: 27.7 % change on previous year2020: 13.8 % change on previous year2021: 82.9 % change on previous year2022: 68.9 % change on previous year2023: 1.5 % change on previous year2024: 7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Solomon Islands recorded 7.04 % change on previous year for remittances, annual growth rate in 2024.

The figure is up 378.9% on the previous year and up 129.6% over ten years.

Over the whole period, remittances, annual growth rate in Solomon Islands peaked at 113.27 % change on previous year in 2000 and was at its lowest, -35.19 % change on previous year, in 2008.

Solomon Islands ranks 41st of 189 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Solomon Islands, year by year

Annual values for Remittances, annual growth rate in Solomon Islands, 2000 to 2024.
Year % change on previous year Change
2000 113.27 % change on previous year —
2001 7.38 % change on previous year -93.5%
2002 -15.81 % change on previous year -314.1%
2003 -0.1821 % change on previous year -98.8%
2004 99.97 % change on previous year -55006.8%
2005 -30.28 % change on previous year -130.3%
2006 34.33 % change on previous year -213.4%
2007 4.41 % change on previous year -87.2%
2008 -35.19 % change on previous year -898.3%
2009 31.93 % change on previous year -190.7%
2010 2.34 % change on previous year -92.7%
2011 0.0881 % change on previous year -96.2%
2012 9.88 % change on previous year +11121.5%
2013 -8.2 % change on previous year -183.0%
2014 -23.8 % change on previous year +190.3%
2015 16.2 % change on previous year -168.1%
2016 3.46 % change on previous year -78.7%
2017 -24.44 % change on previous year -807.1%
2018 10.88 % change on previous year -144.5%
2019 27.73 % change on previous year +154.9%
2020 13.82 % change on previous year -50.1%
2021 82.87 % change on previous year +499.5%
2022 68.94 % change on previous year -16.8%
2023 1.47 % change on previous year -97.9%
2024 7.04 % change on previous year +378.9%

Solomon Islands compared with similar countries

  • Solomon Islands's 7.04 % change on previous year is above the median for lower middle income countries, which is -0.8794 % change on previous year. (47 countries reporting)
  • Solomon Islands's 7.04 % change on previous year is above the median for East Asia & Pacific, which is -2.48 % change on previous year. (30 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate 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.

YearChange FromTo
2004 +55006.8% -0.1821 % change on previous year 99.97 % change on previous year
2012 +11121.5% 0.0881 % change on previous year 9.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.98 % change on previous year -35.19 % change on previous year 113.27 % change on previous year 10
2010s 1.41 % change on previous year -24.44 % change on previous year 27.73 % change on previous year 10
2020s 34.83 % change on previous year 1.47 % change on previous year 82.87 % change on previous year 5

Countries ranked near Solomon Islands

  1. 38 Azerbaijan 8.2 % change on previous year compare
  2. 39 Suriname 7.27 % change on previous year compare
  3. 40 Ireland 7.09 % change on previous year compare
  4. 42 Sweden 6.78 % change on previous year compare
  5. 43 Dominican Republic 6.67 % change on previous year compare
  6. 44 Tunisia 6.33 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is remittances, annual growth rate in Solomon Islands?
Remittances, annual growth rate in Solomon Islands was 7.04 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Solomon Islands?
The highest recorded value was 113.27 % change on previous year in 2000.
What is the lowest remittances, annual growth rate recorded in Solomon Islands?
The lowest recorded value was -35.19 % change on previous year in 2008.
How does Solomon Islands rank for remittances, annual growth rate?
Solomon Islands ranks 41st out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Solomon Islands?
Over the last ten years it is up 129.6%. The long-run trend across the full record is volatile.
Where does this Solomon Islands data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Solomon Islands. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/solomon-islands/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.