Personal remittances received in Solomon Islands: $95.2 million (Remittances received, 2024 · 148th of 176). Personal remittances received (US$) in Solomon Islands: $95.2 million in 2024, ranking 148th of 176 countries. In 2010 it was $14.3 million.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks personal remittances received (US$) in Solomon Islands for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in us$. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Solomon Islands's remittances received rose from $14.3 million to $95.2 million, a change of 566.6% (about 14.5% a year on average).
- The highest value in this period was $95.2 million in 2024; the lowest was $14.3 million in 2010.
- Recently, the figure has risen in each of the last two years (2023: $84.6 million; 2024: $95.2 million).
- That is 100% lower than the world figure of $856.6 billion.
- Solomon Islands has the 148th-highest value of 176 countries with recent data.
- In Melanesia, Solomon Islands has the 3rd-highest value of 4 countries with recent data; the highest is Fiji ($424.2 million), and the typical (median) value is $146.5 million.
Analysis
Averaged over periods, the figure was $17.8 million in 2010 to 2014, $20.1 million in 2015 to 2019 and $67.9 million in 2020 onwards. The value went up in 11 of the 14 year-to-year steps and down in 3. The biggest one-year rise came in 2022 (+$30.1 million, or 59.0%). The biggest one-year fall came in 2014 (−$4.3 million, or 20.9%). Across the period the values varied by about 80% around their average ($35.3 million), a large amount of change.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Melanesia, where the typical value is $146.5 million, Solomon Islands is 35% lower than the regional median.
Related figures
- Personal remittances received (US$) by country, 2024: $137.7 billion (highest: India). Money sent home by people working abroad, plus other personal transfers into the country.
- Personal remittances received (US$) in Fiji, 2010–2024: $424.2 million (Remittances received, 2024 · 117th of 176). Personal remittances received (US$) in Fiji: $424.2 million in 2024, ranking 117th of 176 countries.
- Personal remittances received (US$) in Papua New Guinea, 2010–2024: $3.9 million (Remittances received, 2024 · 173rd of 176). Personal remittances received (US$) in Papua New Guinea: $3.9 million in 2024, ranking 173rd of 176 countries.
About this statistic
Money sent home by people working abroad, plus other personal transfers into the country. In some countries remittances are a major source of household spending power and demand for money transfer services.
Trade and investment flows show how open an economy is: exporters gain larger markets, importers gain cheaper inputs, and foreign investment brings capital and know-how. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the personal remittances received (US$) in Solomon Islands?
$95.2 million (Remittances received, 2024 · 148th of 176). Personal remittances received (US$) in Solomon Islands: $95.2 million in 2024, ranking 148th of 176 countries. In 2010 it was $14.3 million.
How has remittances received in Solomon Islands changed since 2010?
Between 2010 and 2024, Solomon Islands's remittances received rose from $14.3 million to $95.2 million, a change of 566.6% (about 14.5% a year on average). The highest value in this period was $95.2 million in 2024; the lowest was $14.3 million in 2010.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. Money sent home by people working abroad, plus other personal transfers into the country. In some countries remittances are a major source of household spending power and demand for money transfer services.
Data
| Year | Personal remittances received (US$) |
|---|---|
| 2010 | $14.3 million |
| 2011 | $16.9 million |
| 2012 | $20.7 million |
| 2013 | $20.6 million |
| 2014 | $16.3 million |
| 2015 | $18.6 million |
| 2016 | $20.3 million |
| 2017 | $16.3 million |
| 2018 | $19.9 million |
| 2019 | $25.5 million |
| 2020 | $27.5 million |
| 2021 | $51.0 million |
| 2022 | $81.1 million |
| 2023 | $84.6 million |
| 2024 | $95.2 million |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Solomon Islands.
Money sent home by people working abroad, plus other personal transfers into the country. In some countries remittances are a major source of household spending power and demand for money transfer services.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Personal remittances received (US$) by country, 2024
- Personal remittances received (US$) in Fiji, 2010–2024
- Personal remittances received (US$) in Papua New Guinea, 2010–2024
- Personal remittances received (US$) in Vanuatu, 2010–2022
- GDP of Solomon Islands, 2010–2025
- Economic growth (GDP growth) in Solomon Islands, 2010–2025
- GDP per person in Solomon Islands, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Solomon Islands, 2010–2024
- Income per person (GNI, Atlas method, US$) in Solomon Islands, 2010–2025
All Solomon Islands data: economy, people, jobs and digital in one place
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