Adjusted savings: education expenditure in Solomon Islands
Solomon Islands: Adjusted savings: education expenditure was 163.95 million current US$ in 2021. ◆ Volatile
Latest (2021)
163.95 million current US$
Change on year
up 4.9%
World rank
160th
of 195 countries
All-time high
163.95 million current US$
in 2021
All-time low
1.14 million current US$
in 1972
Years of data
50
1972–2021
Adjusted savings: education expenditure in Solomon Islands, 1972–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Solomon Islands is 163.95 million current US$, measured in 2021. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 66.6% over ten years.
Over the whole period, adjusted savings: education expenditure in Solomon Islands peaked at 163.95 million current US$ in 2021 and was at its lowest, 1.14 million current US$, in 1972.
Solomon Islands ranks 160th of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1972 | 1.14 million current US$ | — |
| 1973 | 1.55 million current US$ | +36.6% |
| 1974 | 2.34 million current US$ | +51.1% |
| 1975 | 2.03 million current US$ | -13.4% |
| 1976 | 2.17 million current US$ | +6.9% |
| 1977 | 2.46 million current US$ | +13.4% |
| 1978 | 2.80 million current US$ | +13.7% |
| 1979 | 3.99 million current US$ | +42.7% |
| 1980 | 6.84 million current US$ | +71.4% |
| 1981 | 7.69 million current US$ | +12.4% |
| 1982 | 7.41 million current US$ | -3.7% |
| 1983 | 6.91 million current US$ | -6.7% |
| 1984 | 6.87 million current US$ | -0.7% |
| 1985 | 6.34 million current US$ | -7.7% |
| 1986 | 5.56 million current US$ | -12.2% |
| 1987 | 5.75 million current US$ | +3.3% |
| 1988 | 6.51 million current US$ | +13.2% |
| 1989 | 6.35 million current US$ | -2.4% |
| 1990 | 8.02 million current US$ | +26.2% |
| 1991 | 8.30 million current US$ | +3.6% |
| 1992 | 9.93 million current US$ | +19.5% |
| 1993 | 11.37 million current US$ | +14.5% |
| 1994 | 15.32 million current US$ | +34.7% |
| 1995 | 17.72 million current US$ | +15.7% |
| 1996 | 19.29 million current US$ | +8.8% |
| 1997 | 19.85 million current US$ | +2.9% |
| 1998 | 17.23 million current US$ | -13.2% |
| 1999 | 19.12 million current US$ | +11.0% |
| 2000 | 17.82 million current US$ | -6.8% |
| 2001 | 18.50 million current US$ | +3.8% |
| 2002 | 16.08 million current US$ | -13.1% |
| 2003 | 20.61 million current US$ | +28.1% |
| 2004 | 24.47 million current US$ | +18.7% |
| 2005 | 30.12 million current US$ | +23.1% |
| 2006 | 34.16 million current US$ | +13.4% |
| 2007 | 38.97 million current US$ | +14.1% |
| 2008 | 54.76 million current US$ | +40.5% |
| 2009 | 73.92 million current US$ | +35.0% |
| 2010 | 84.91 million current US$ | +14.9% |
| 2011 | 98.41 million current US$ | +15.9% |
| 2012 | 112.13 million current US$ | +13.9% |
| 2013 | 128.20 million current US$ | +14.3% |
| 2014 | 131.24 million current US$ | +2.4% |
| 2015 | 127.60 million current US$ | -2.8% |
| 2016 | 132.86 million current US$ | +4.1% |
| 2017 | 143.15 million current US$ | +7.7% |
| 2018 | 158.53 million current US$ | +10.7% |
| 2019 | 159.29 million current US$ | +0.5% |
| 2020 | 156.26 million current US$ | -1.9% |
| 2021 | 163.95 million current US$ | +4.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 163.95 million current US$ is below the median for lower middle income countries, which is 720.82 million current US$, 23% of the median. (47 countries reporting)
- Solomon Islands's 163.95 million current US$ is below the median for East Asia & Pacific, which is 597.34 million current US$, 27% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.31 million current US$ | 1.14 million current US$ | 3.99 million current US$ | 8 |
| 1980s | 6.62 million current US$ | 5.56 million current US$ | 7.69 million current US$ | 10 |
| 1990s | 14.61 million current US$ | 8.02 million current US$ | 19.85 million current US$ | 10 |
| 2000s | 32.94 million current US$ | 16.08 million current US$ | 73.92 million current US$ | 10 |
| 2010s | 127.63 million current US$ | 84.91 million current US$ | 159.29 million current US$ | 10 |
| 2020s | 160.11 million current US$ | 156.26 million current US$ | 163.95 million current US$ | 2 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Solomon Islands?
- Adjusted savings: education expenditure in Solomon Islands was 163.95 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Solomon Islands?
- The highest recorded value was 163.95 million current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Solomon Islands?
- The lowest recorded value was 1.14 million current US$ in 1972.
- How does Solomon Islands rank for adjusted savings: education expenditure?
- Solomon Islands ranks 160th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 66.6%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.