Net acquisition of financial assets in Solomon Islands
Solomon Islands: Net acquisition of financial assets was 0.8% 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 % of GDP.
Analysis
In 2024, net acquisition of financial assets in Solomon Islands stood at 0.8%.
The figure is up 707.7% on the previous year and down 8.1% over ten years.
Over the whole period, net acquisition of financial assets in Solomon Islands peaked at 6.2% in 2011 and was at its lowest, -3.2%, in 2022.
That places Solomon Islands 72nd 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 | % of GDP | Change |
|---|---|---|
| 2011 | 6.2% | — |
| 2012 | 4.4% | -28.8% |
| 2013 | 2.5% | -42.5% |
| 2014 | 0.9% | -64.7% |
| 2015 | -1.7% | -285.1% |
| 2016 | -2.7% | +65.8% |
| 2017 | 1.5% | -156.2% |
| 2018 | 0.5% | -69.0% |
| 2019 | -1.0% | -307.3% |
| 2020 | 0.6% | -160.5% |
| 2021 | 0.8% | +27.3% |
| 2022 | -3.2% | -525.4% |
| 2023 | 0.1% | -103.1% |
| 2024 | 0.8% | +707.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.2% | -2.7% | 6.2% | 9 |
| 2020s | -0.2% | -3.2% | 0.8% | 5 |
Countries ranked near Solomon Islands
- 69 Serbia 0.8%
- 70 Vanuatu 0.8% compare
- 71 Saudi Arabia 0.8% compare
- 73 Guinea-Bissau 0.8% compare
- 74 Afghanistan 0.7% compare
- 75 Albania 0.7% 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 0.8% 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 6.2% in 2011.
- What is the lowest net acquisition of financial assets recorded in Solomon Islands?
- The lowest recorded value was -3.2% in 2022.
- How does Solomon Islands rank for net acquisition of financial assets?
- Solomon Islands ranks 72nd 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 down 8.1%. 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.