Current Account Balance: Solomon Islands
Solomon Islands's current account balance is currently -7.4 % of GDP as of 2026. # Solomon Islands Current Account Balance Solomon Islands' current account balance stands at -7.
Current (2026)
-7.4 % of GDP
-60.9% y/y
Peak (2004)
15.4 % of GDP
Low (1995)
-18.1 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Solomon Islands
1980 — 2026
Current Account Balance — Solomon Islands
Analysis# Solomon Islands Current Account Balance
Solomon Islands' current account balance stands at -7.4% of GDP in 2026, reflecting persistent external imbalances despite recent volatility. The country peaked at 15.4% of GDP in 2004 during favorable commodity prices, then deteriorated to -18.1% of GDP in 1995—its worst performance on record. Since 1980, the overall trajectory has shifted 138.7 percentage points into deficit, marking a fundamental reversal in the nation's external position.
Recent years show pronounced instability. A sharp deterioration to -13.7% of GDP in 2022 preceded partial recovery through 2024 (-3.7%), though deficits have widened again through 2026. The pattern suggests structural vulnerabilities rather than cyclical fluctuations, with the economy oscillating between -1.6% and -13.7% over the past seven years. Without sustained export growth or inflows, current account pressures likely persist beyond the forecast period.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -7.5 % of GDP | -1.35% |
| 2029 | -7.4 % of GDP | +1.33% |
| 2028 | -7.5 % of GDP | -1.35% |
| 2027 | -7.4 % of GDP | +0.00% |
| 2026 | -7.4 % of GDP | -60.87% |
| 2025 | -4.6 % of GDP | -24.32% |
| 2024 | -3.7 % of GDP | +64.42% |
| 2023 | -10.4 % of GDP | +24.09% |
| 2022 | -13.7 % of GDP | -168.63% |
| 2021 | -5.1 % of GDP | -218.75% |
| 2020 | -1.6 % of GDP | +83.16% |
| 2019 | -9.5 % of GDP | -216.67% |
| 2018 | -3 % of GDP | +30.23% |
| 2017 | -4.3 % of GDP | -16.22% |
| 2016 | -3.7 % of GDP | -37.04% |
| 2015 | -2.7 % of GDP | +27.03% |
| 2014 | -3.7 % of GDP | -76.19% |
| 2013 | -2.1 % of GDP | -195.45% |
| 2012 | 2.2 % of GDP | +215.79% |
| 2011 | -1.9 % of GDP | +88.82% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -17 % of GDP | -109.88% |
| 2009 | -8.1 % of GDP | +25.69% |
| 2008 | -10.9 % of GDP | +15.50% |
| 2007 | -12.9 % of GDP | -65.38% |
| 2006 | -7.8 % of GDP | -27.87% |
| 2005 | -6.1 % of GDP | -139.61% |
| 2004 | 15.4 % of GDP | +161.02% |
| 2003 | 5.9 % of GDP | +240.48% |
| 2002 | -4.2 % of GDP | +33.33% |
| 2001 | -6.3 % of GDP | +13.70% |
| 2000 | -7.3 % of GDP | -360.71% |
| 1999 | 2.8 % of GDP | +333.33% |
| 1998 | -1.2 % of GDP | +69.23% |
| 1997 | -3.9 % of GDP | +42.65% |
| 1996 | -6.8 % of GDP | +62.43% |
| 1995 | -18.1 % of GDP | -6133.33% |
| 1994 | 0.3 % of GDP | +112.50% |
| 1993 | -2.4 % of GDP | +11.11% |
| 1992 | -2.7 % of GDP | +83.13% |
| 1991 | -16 % of GDP | -31.15% |
| 1990 | -12.2 % of GDP | +19.74% |
| 1989 | -15.2 % of GDP | -26.67% |
| 1988 | -12 % of GDP | -12100.00% |
| 1987 | 0.1 % of GDP | -98.25% |
| 1986 | 5.7 % of GDP | +133.14% |
| 1985 | -17.2 % of GDP | -8700.00% |
| 1984 | 0.2 % of GDP | +105.56% |
| 1983 | -3.6 % of GDP | -71.43% |
| 1982 | -2.1 % of GDP | +80.73% |
| 1981 | -10.9 % of GDP | -251.61% |
| 1980 | -3.1 % of GDP | — |
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