Net official development assistance and official aid received in Solomon Islands
Solomon Islands: Net official development assistance and official aid received was 243.66 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Solomon Islands, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance and official aid received in Solomon Islands is 243.66 million constant 2023 US$, measured in 2023.
The figure is down 5.0% on the previous year and down 8.8% over ten years.
Over the whole period, net official development assistance and official aid received in Solomon Islands peaked at 336.96 million constant 2023 US$ in 2010 and was at its lowest, 21.13 million constant 2023 US$, in 1960.
That places Solomon Islands 100th out of 180 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 40.26 million constant 2023 US$ | 21.13 million constant 2023 US$ | 69.50 million constant 2023 US$ | 10 |
| 1970s | 81.16 million constant 2023 US$ | 54.20 million constant 2023 US$ | 106.97 million constant 2023 US$ | 10 |
| 1980s | 77.67 million constant 2023 US$ | 54.01 million constant 2023 US$ | 111.13 million constant 2023 US$ | 10 |
| 1990s | 60.59 million constant 2023 US$ | 45.89 million constant 2023 US$ | 71.06 million constant 2023 US$ | 10 |
| 2000s | 200.52 million constant 2023 US$ | 60.83 million constant 2023 US$ | 288.45 million constant 2023 US$ | 10 |
| 2010s | 242.70 million constant 2023 US$ | 193.76 million constant 2023 US$ | 336.96 million constant 2023 US$ | 10 |
| 2020s | 246.78 million constant 2023 US$ | 233.18 million constant 2023 US$ | 256.45 million constant 2023 US$ | 4 |
Countries ranked near Solomon Islands
- 97 Mongolia 260.17 million constant 2023 US$ compare
- 98 Timor-Leste 259.94 million constant 2023 US$ compare
- 99 Argentina 259.02 million constant 2023 US$ compare
- 101 Iran 240.74 million constant 2023 US$ compare
- 102 Paraguay 223.69 million constant 2023 US$ compare
- 103 Djibouti 222.38 million constant 2023 US$ compare
More aid effectiveness data for Solomon Islands
- Net official development assistance received (constant 2023 US$), per 304.57 constant 2023 US$ per person (2023)
- Net official development assistance and official aid received 304.57 constant 2023 US$ per person (2023)
- Net official development assistance received (current US$), annual -3.89 % change on previous year (2023)
- Net official development assistance received (current US$), per 8,705 current US$ per square kilometre (2023)
- Net official development assistance received (current US$), per unit 0.1618 current US$ per US$ of GDP (2023)
- Net official development assistance received (current US$), per capita 304.57 current US$ per person (2023)
- Net official development assistance received (constant 2023 US$) -4.99 % change on previous year (2023)
- Net official development assistance received (constant 2023 US$), per 8,705 constant 2023 US$ per square kilometre (2023)
- Net official development assistance received (constant 2023 US$), per 0.1618 constant 2023 US$ per US$ of GDP (2023)
- Net official development assistance and official aid received 0.1618 constant 2023 US$ per US$ of GDP (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Solomon Islands?
- Net official development assistance and official aid received in Solomon Islands was 243.66 million constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Solomon Islands?
- The highest recorded value was 336.96 million constant 2023 US$ in 2010.
- What is the lowest net official development assistance and official aid received recorded in Solomon Islands?
- The lowest recorded value was 21.13 million constant 2023 US$ in 1960.
- How does Solomon Islands rank for net official development assistance and official aid received?
- Solomon Islands ranks 100th out of 180 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Solomon Islands?
- Over the last ten years it is down 8.8%. 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 official development assistance and official aid received (constant 2023 US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2023 U.S. dollars.