External debt — all countries

External debt — Solomon Islands

External debt in the Solomon Islands in 2024 — 596,145,038 US$. Ranked 8 in the world out of 118. Since 1978, the indicator has risen by 5,093.3%.

2024 596M US$ +12.95% vs 2023
World rank 8of 118
Period maximum 596M US$2024
Period minimum 11.48M US$1978

Trend over time

1978–2024 · US$

External debt — Solomon Islands, 1978–20240200M400M600M19781983198819931998200320082013201820231978: 11,479,144 US$1979: 13,761,784 US$1980: 19,399,965 US$1981: 23,416,124 US$1982: 28,028,049 US$1983: 34,345,140 US$1984: 44,042,054 US$1985: 65,542,894 US$1986: 76,820,063 US$1987: 97,512,653 US$1988: 103,661,461 US$1989: 99,982,954 US$1990: 120,500,491 US$1991: 129,466,453 US$1992: 94,291,522 US$1993: 150,544,684 US$1994: 154,928,416 US$1995: 158,741,509 US$1996: 147,494,744 US$1997: 139,946,901 US$1998: 154,585,731 US$1999: 165,883,917 US$2000: 156,207,111 US$2001: 164,030,803 US$2002: 180,737,377 US$2003: 181,240,395 US$2004: 179,639,740 US$2005: 167,389,192 US$2006: 174,423,711 US$2007: 178,330,554 US$2008: 166,904,391 US$2009: 172,447,072 US$2010: 230,756,585 US$2011: 257,503,829 US$2012: 228,146,820 US$2013: 203,970,815 US$2014: 187,516,688 US$2015: 207,462,429 US$2016: 263,838,572 US$2017: 322,629,656 US$2018: 316,761,174 US$2019: 304,960,709 US$2020: 322,597,089 US$2021: 448,610,953 US$2022: 477,369,215 US$2023: 527,817,630 US$2024: 596,145,038 US$
Change over the period: +585M (+5,093.29%) Average annual rate: 8.97 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands 596M US$
Melanesia computed 17.84B US$
Lower-middle-income countries computed 2.61T US$
External debt — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year US$ Change Change, %
2024 596M +68.33M +12.95%
2023 528M +50.45M +10.57%
2022 477M +28.76M +6.41%
2021 449M +126M +39.06%
2020 323M +17.64M +5.78%
2019 305M −11.8M −3.73%
2018 317M −5.87M −1.82%
2017 323M +58.79M +22.28%
2016 264M +56.38M +27.17%
2015 207M +19.95M +10.64%
2014 188M −16.45M −8.07%
2013 204M −24.18M −10.6%
2012 228M −29.36M −11.4%
2011 258M +26.75M +11.59%
2010 231M +58.31M +33.81%
2009 172M +5.54M +3.32%
2008 167M −11.43M −6.41%
2007 178M +3.91M +2.24%
2006 174M +7.03M +4.2%
2005 167M −12.25M −6.82%
2004 180M −1.6M −0.88%
2003 181M +503,018 +0.28%
2002 181M +16.71M +10.19%
2001 164M +7.82M +5.01%
2000 156M −9.68M −5.83%
1999 166M +11.3M +7.31%
1998 155M +14.64M +10.46%
1997 140M −7.55M −5.12%
1996 147M −11.25M −7.08%
1995 159M +3.81M +2.46%
1994 155M +4.38M +2.91%
1993 151M +56.25M +59.66%
1992 94.29M −35.17M −27.17%
1991 129M +8.97M +7.44%
1990 121M +20.52M +20.52%
1989 99.98M −3.68M −3.55%
1988 104M +6.15M +6.31%
1987 97.51M +20.69M +26.94%
1986 76.82M +11.28M +17.21%
1985 65.54M +21.5M +48.82%
1984 44.04M +9.7M +28.23%
1983 34.35M +6.32M +22.54%
1982 28.03M +4.61M +19.7%
1981 23.42M +4.02M +20.7%
1980 19.4M +5.64M +40.97%
1979 13.76M +2.28M +19.89%
1978 11.48M

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.