Gross debt on the Solomon Islands
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt on the Solomon Islands in the period from 1998 to 2020 was between 97.5 million and 228.8 million USD. The hightest level within the past 22 years was reached in 2005. However, the liabilities in 2020 have been only 215 million USD
Based on the number of inhabitants, this is a debt of 311 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt for the last 22 years in millions of USD
| Year | Solomon Islands total | Solomon Islands per capita | EU per capita |
|---|---|---|---|
| 1998 | 163.90 M USD | 419 USD | 14,079 USD |
| 1999 | 172.20 M USD | 429 USD | 14,032 USD |
| 2000 | 165.85 M USD | 402 USD | 11,232 USD |
| 2001 | 209.62 M USD | 494 USD | 11,255 USD |
| 2002 | 209.28 M USD | 481 USD | 12,258 USD |
| 2003 | 222.11 M USD | 497 USD | 15,286 USD |
| 2004 | 211.48 M USD | 461 USD | 17,595 USD |
| 2005 | 228.77 M USD | 487 USD | 18,327 USD |
| 2006 | 227.88 M USD | 474 USD | 18,877 USD |
| 2007 | 213.03 M USD | 433 USD | 20,898 USD |
| 2008 | 144.94 M USD | 288 USD | 24,086 USD |
| 2009 | 202.35 M USD | 393 USD | 25,361 USD |
| 2010 | 194.32 M USD | 368 USD | 26,496 USD |
| 2011 | 192.60 M USD | 356 USD | 29,231 USD |
| 2012 | 180.40 M USD | 324 USD | 28,174 USD |
| 2013 | 173.24 M USD | 303 USD | 29,981 USD |
| 2014 | 139.73 M USD | 238 USD | 30,648 USD |
| 2015 | 117.25 M USD | 191 USD | 25,918 USD |
| 2016 | 97.54 M USD | 155 USD | 26,261 USD |
| 2017 | 123.26 M USD | 192 USD | 27,024 USD |
| 2018 | 134.08 M USD | 203 USD | 28,448 USD |
| 2019 | 134.59 M USD | 199 USD | 27,168 USD |
| 2020 | 214.87 M USD | 311 USD | 30,783 USD |