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Solomon Islands External Debt

Total external debt stocks  DT.DOD.DECT.CD

Solomon Islands's external debt was $662.4M in 2025, ranked 113th globally. This represents a 11.1% increase from 2024. Data from World Bank, covering 1978–2025.

$662.4M +$66.3M (+11.1%)
Year 2025 Rank #113 Global Peak $662.4M (2025) Source World Bank

Solomon Islands External Debt (1978–2025)

Overview

Solomon Islands's external debt stood at $662.4M in 2025, a rise of +$66.3M from 2024. Based on recent trends, this figure is projected to reach $662.4M by 2025. Solomon Islands ranked 113th globally.

The Solomon Islands' external debt has exhibited significant growth over the past 48 years, with the latest value standing at 662,398,757.33 USD, ranking 113 globally. Since its inception in 1978, the island nation's external debt has expanded from 11,479,143.50 USD to its current peak, with the all-time high recorded in 2025. This growth trajectory is closely mirrored by its peer, Eritrea, with the latter's external debt standing at 666,346,158.50 USD. Notably, the Solomon Islands' external debt has grown at a steady pace, with only a few instances of minor fluctuations throughout the period. The country's continued reliance on foreign capital and international aid suggests that its external debt is likely to remain a pressing concern in the near future. A significant shift in trade policies or an improvement in the country's economic diversification efforts would be required to alter the trajectory of the Solomon Islands' external debt, potentially paving the way for a more sustainable economic growth path.

Data & projection

Year External Debt YoY change Rank
2027* trend $787.7M - -
2026* trend $725.0M - -
2025* trend $662.4M - -
2025 $662.4M +$66.3M #113
2024 $596.1M +$68.3M #8
2023 $527.8M +$50.4M #7
2022 $477.4M +$28.8M #7
2021 $448.6M +$126.0M #5
2020 $322.6M +$17.6M #5
2019 $305.0M −$11.8M #5
2018 $316.8M −$5.9M #5
2017 $322.6M +$58.8M #5
2016 $263.8M +$56.4M #5
2015 $207.5M +$19.9M #4
2014 $187.5M −$16.5M #3
2013 $204.0M −$24.2M #5
2012 $228.1M −$29.4M #5
2011 $257.5M +$26.7M #4
Show all years (1978-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.0% GDP growth 2.5% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's external debt?▾

Solomon Islands's external debt was $662.4M in 2025. Ranked 113th globally. This represents a 11.1% increase from the previous year.

What was the highest external debt in Solomon Islands?▾

Solomon Islands's external debt peaked at $662.4M in 2025.

What was the lowest external debt in Solomon Islands?▾

The lowest external debt in Solomon Islands was $11.5M in 1978.

How does Solomon Islands rank in external debt?▾

Solomon Islands ranks 113th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Solomon Islands in 2025?▾

Solomon Islands's external debt is projected to reach $662.4M by 2025 based on trend extrapolation.

What is Solomon Islands's external debt in million?▾

Solomon Islands's external debt was approximately 662.4 million ($662.4M) in 2025.

What is the external debt of Solomon Islands in 2025?▾

The external debt of Solomon Islands in 2025 was $662.4M. This ranks 113th in the world.

Cite this page

APA
Solomon Islands External Debt. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/solomon-islands/external-debt/
BibTeX
@misc{historysaid_solomon-islands_external-debt, title = {Solomon Islands External Debt}, url = {https://historysaid.com/solomon-islands/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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