Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Solomon Islands
Solomon Islands: Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) was 3.56 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Korea, Rep. in Solomon Islands, 1991–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Solomon Islands recorded 3.56 million current US$ for net bilateral aid flows from dac donors, korea, rep. in 2023.
Compared with earlier readings it is up 98.5% on the previous year and up 328.3% over ten years.
Over the whole period, net bilateral aid flows from dac donors, korea, rep. in Solomon Islands peaked at 4.45 million current US$ in 2017 and was at its lowest, 10,000 current US$, in 2003.
Solomon Islands ranks 59th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 50,000 current US$ | — |
| 1992 | 30,000 current US$ | -40.0% |
| 1993 | 30,000 current US$ | +0.0% |
| 1994 | 30,000 current US$ | +0.0% |
| 1995 | 290,000 current US$ | +866.7% |
| 1996 | 30,000 current US$ | -89.7% |
| 1997 | 20,000 current US$ | -33.3% |
| 2001 | 30,000 current US$ | +50.0% |
| 2003 | 10,000 current US$ | -66.7% |
| 2005 | 40,000 current US$ | +300.0% |
| 2006 | 130,000 current US$ | +225.0% |
| 2007 | 520,000 current US$ | +300.0% |
| 2008 | 60,000 current US$ | -88.5% |
| 2010 | 10,000 current US$ | -83.3% |
| 2011 | 300,000 current US$ | +2900.0% |
| 2012 | 600,000 current US$ | +100.0% |
| 2013 | 830,752 current US$ | +38.5% |
| 2014 | 1.49 million current US$ | +79.8% |
| 2015 | 2.83 million current US$ | +89.7% |
| 2016 | 2.44 million current US$ | -13.9% |
| 2017 | 4.45 million current US$ | +82.3% |
| 2018 | 2.77 million current US$ | -37.7% |
| 2019 | 2.74 million current US$ | -1.1% |
| 2020 | 853,801 current US$ | -68.8% |
| 2021 | 703,007 current US$ | -17.7% |
| 2022 | 1.79 million current US$ | +154.9% |
| 2023 | 3.56 million current US$ | +98.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 3.56 million current US$ is below the median for lower middle income countries, which is 4.80 million current US$, 74% of the median. (47 countries reporting)
- Solomon Islands's 3.56 million current US$ is above the median for East Asia & Pacific, which is 2.49 million current US$, 1.4× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +2900.0% | 10,000 current US$ | 300,000 current US$ |
| 1995 | +866.7% | 30,000 current US$ | 290,000 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68,571 current US$ | 20,000 current US$ | 290,000 current US$ | 7 |
| 2000s | 131,667 current US$ | 10,000 current US$ | 520,000 current US$ | 6 |
| 2010s | 1.85 million current US$ | 10,000 current US$ | 4.45 million current US$ | 10 |
| 2020s | 1.73 million current US$ | 703,007 current US$ | 3.56 million current US$ | 4 |
Countries ranked near Solomon Islands
More aid effectiveness data for Solomon Islands
- Net bilateral aid flows from DAC donors, Canada 178,673 current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 11.32 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 224,673 current US$ (2023)
- Net bilateral aid flows from DAC donors, France 310 current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 710,398 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 376,944 current US$ (2019)
- Net bilateral aid flows from DAC donors, Japan 22.29 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Total 175.09 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 5.55 million current US$ (2023)
- Net official flows from UN agencies, UNDP 773,644 current US$ (2022)
Frequently asked questions
- What is net bilateral aid flows from dac donors, korea, rep. in Solomon Islands?
- Net bilateral aid flows from dac donors, korea, rep. in Solomon Islands was 3.56 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, korea, rep. recorded in Solomon Islands?
- The highest recorded value was 4.45 million current US$ in 2017.
- What is the lowest net bilateral aid flows from dac donors, korea, rep. recorded in Solomon Islands?
- The lowest recorded value was 10,000 current US$ in 2003.
- How does Solomon Islands rank for net bilateral aid flows from dac donors, korea, rep.?
- Solomon Islands ranks 59th out of 155 countries with data for 2023.
- Is net bilateral aid flows from dac donors, korea, rep. rising or falling in Solomon Islands?
- Over the last ten years it is up 328.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Korea, Rep. (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.