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Solomon Islands Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Solomon Islands's remittances received was $118.5M in 2025, ranked 152nd globally. This represents a 24.5% increase from 2024. Data from World Bank, covering 1999–2025.

$118.5M +$23.4M (+24.5%)
Year 2025 Rank #152 Global Peak $118.5M (2025) Source World Bank

Solomon Islands Remittances Received (1999–2025)

Overview

Solomon Islands's remittances received stood at $118.5M in 2025, a rise of +$23.4M from 2024. Based on recent trends, this figure is projected to reach $118.5M by 2025. Solomon Islands ranked 152nd globally.

The Solomon Islands have experienced a significant increase in remittances received over the past 27 years. The all-time high of 118,541,354.50 in 2025 represents a substantial jump from the earliest recorded value of 2,356,276.60 in 1999, indicating a notable shift in the country's reliance on foreign earnings. The Solomon Islands now ranks #152 globally in remittances received, lagging behind peer countries such as Bhutan, which received 120,132,605.27 in 2025. The increase in remittances is likely driven by the growing number of Solomon Islanders working abroad, particularly in countries with significant labor demands. While the trend has been upward, a decline in global economic activity or changes in labor market conditions in host countries could potentially alter the trajectory of remittances received by the Solomon Islands.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $152.3M - -
2026* trend $135.4M - -
2025* trend $118.5M - -
2025 $118.5M +$23.4M #152
2024 $95.2M +$10.6M #31
2023 $84.6M +$3.4M #30
2022 $81.1M +$30.1M #29
2021 $51.0M +$23.5M #23
2020 $27.5M +$2.0M #17
2019 $25.5M +$5.6M #14
2018 $19.9M +$3.6M #11
2017 $16.3M −$4.0M #9
2016 $20.3M +$1.7M #14
2015 $18.6M +$2.3M #12
2014 $16.3M −$4.3M #12
2013 $20.6M −$82,879 #14
2012 $20.7M +$3.8M #16
2011 $16.9M +$2.7M #13
Show all years (1999-2025)
* 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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's remittances received?▾

Solomon Islands's remittances received was $118.5M in 2025. Ranked 152nd globally. This represents a 24.5% increase from the previous year.

What was the highest remittances received in Solomon Islands?▾

Solomon Islands's remittances received peaked at $118.5M in 2025.

What was the lowest remittances received in Solomon Islands?▾

The lowest remittances received in Solomon Islands was $2.4M in 1999.

How does Solomon Islands rank in remittances received?▾

Solomon Islands ranks 152nd globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Solomon Islands in 2025?▾

Solomon Islands's remittances received is projected to reach $118.5M by 2025 based on trend extrapolation.

What is Solomon Islands's remittances received in million?▾

Solomon Islands's remittances received was approximately 118.54 million ($118.5M) in 2025.

What is the remittances received of Solomon Islands in 2025?▾

The remittances received of Solomon Islands in 2025 was $118.5M. This ranks 152nd in the world.

Cite this page

APA
Solomon Islands Remittances Received. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/solomon-islands/remittances/
BibTeX
@misc{historysaid_solomon-islands_remittances, title = {Solomon Islands Remittances Received}, url = {https://historysaid.com/solomon-islands/remittances/}, publisher = {HistorySaid}, year = {2026} }
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