Net acquisition of financial assets in Solomon Islands
Solomon Islands: Net acquisition of financial assets was 109.70 million current LCU in 2024. ◆ Volatile
Net acquisition of financial assets in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net acquisition of financial assets in Solomon Islands stood at 109.70 million current LCU.
The figure is up 757.4% on the previous year and up 24.9% over ten years.
Over the whole period, net acquisition of financial assets in Solomon Islands peaked at 501.89 million current LCU in 2011 and was at its lowest, -387.00 million current LCU, in 2022.
That places Solomon Islands 85th out of 134 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 501.89 million current LCU | — |
| 2012 | 383.10 million current LCU | -23.7% |
| 2013 | 237.24 million current LCU | -38.1% |
| 2014 | 87.82 million current LCU | -63.0% |
| 2015 | -170.85 million current LCU | -294.6% |
| 2016 | -300.07 million current LCU | +75.6% |
| 2017 | 178.35 million current LCU | -159.4% |
| 2018 | 61.23 million current LCU | -65.7% |
| 2019 | -130.73 million current LCU | -313.5% |
| 2020 | 75.41 million current LCU | -157.7% |
| 2021 | 95.18 million current LCU | +26.2% |
| 2022 | -387.00 million current LCU | -506.6% |
| 2023 | 12.79 million current LCU | -103.3% |
| 2024 | 109.70 million current LCU | +757.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 94.22 million current LCU | -300.07 million current LCU | 501.89 million current LCU | 9 |
| 2020s | -18.78 million current LCU | -387.00 million current LCU | 109.70 million current LCU | 5 |
Countries ranked near Solomon Islands
- 82 Timor-Leste 197.18 million current LCU compare
- 83 El Salvador 141.50 million current LCU compare
- 84 San Marino 124.44 million current LCU
- 86 Andorra 88.35 million current LCU compare
- 87 Tonga 74.11 million current LCU compare
- 88 Naoero 57.10 million current LCU compare
More public sector data for Solomon Islands
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 37.4% (2024)
- Interest payments 1.3% (2022)
- Other taxes 0.9% (2020)
- Compensation of employees 47.3% (2022)
Frequently asked questions
- What is net acquisition of financial assets in Solomon Islands?
- Net acquisition of financial assets in Solomon Islands was 109.70 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Solomon Islands?
- The highest recorded value was 501.89 million current LCU in 2011.
- What is the lowest net acquisition of financial assets recorded in Solomon Islands?
- The lowest recorded value was -387.00 million current LCU in 2022.
- How does Solomon Islands rank for net acquisition of financial assets?
- Solomon Islands ranks 85th out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Solomon Islands?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.