Adjusted savings: gross savings in Solomon Islands
Solomon Islands: Adjusted savings: gross savings was 18.2% in 2020. ◆ Volatile
Adjusted savings: gross savings in Solomon Islands, 1980–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Solomon Islands is 18.2%, measured in 2020.
Compared with earlier readings it is up 37.4% on the previous year and up 25.6% over ten years.
Over the whole period, adjusted savings: gross savings in Solomon Islands peaked at 22.4% in 2003 and was at its lowest, -137.2%, in 1980.
That places Solomon Islands 116th out of 178 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Solomon Islands, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | -137.2% | — |
| 1981 | -127.5% | -7.1% |
| 1982 | -135.2% | +6.0% |
| 1983 | -132.1% | -2.3% |
| 1984 | -132.4% | +0.3% |
| 1985 | -128.7% | -2.8% |
| 1986 | -57.5% | -55.3% |
| 1987 | -19.9% | -65.5% |
| 1988 | -81.5% | +310.4% |
| 1989 | -62.6% | -23.1% |
| 1990 | -35.8% | -42.9% |
| 1991 | -46.8% | +30.8% |
| 1992 | -18.6% | -60.2% |
| 1993 | -27.9% | +49.7% |
| 1994 | -13.7% | -51.0% |
| 1995 | -7.7% | -43.8% |
| 1996 | -10.7% | +39.1% |
| 1997 | -7.6% | -28.8% |
| 1998 | 7.9% | -203.3% |
| 1999 | 6.4% | -18.3% |
| 2000 | -6.9% | -207.0% |
| 2001 | -19.6% | +186.4% |
| 2002 | -4.6% | -76.6% |
| 2003 | 22.4% | -585.9% |
| 2004 | 16.8% | -24.9% |
| 2005 | 2.7% | -84.0% |
| 2006 | 13.0% | +383.3% |
| 2007 | 16.1% | +24.0% |
| 2008 | 12.7% | -21.4% |
| 2009 | 14.0% | +10.0% |
| 2010 | 14.5% | +3.9% |
| 2011 | 19.9% | +37.2% |
| 2012 | 16.3% | -18.0% |
| 2013 | 15.4% | -5.6% |
| 2014 | 10.6% | -31.0% |
| 2015 | 11.7% | +9.8% |
| 2016 | 10.0% | -14.0% |
| 2017 | 15.4% | +54.0% |
| 2018 | 15.3% | -1.0% |
| 2019 | 13.3% | -13.3% |
| 2020 | 18.2% | +37.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -101.5% | -137.2% | -19.9% | 10 |
| 1990s | -15.4% | -46.8% | 7.9% | 10 |
| 2000s | 6.7% | -19.6% | 22.4% | 10 |
| 2010s | 14.2% | 10.0% | 19.9% | 10 |
| 2020s | 18.2% | 18.2% | 18.2% | 1 |
Countries ranked near Solomon Islands
- 113 Oman 18.8% compare
- 114 New Zealand 18.8% compare
- 115 Lao People's Democratic Republic 18.4% compare
- 117 El Salvador 18.1% compare
- 118 Brazil 17.9% compare
- 119 Guyana 17.9% compare
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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Solomon Islands?
- Adjusted savings: gross savings in Solomon Islands was 18.2% in 2020, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Solomon Islands?
- The highest recorded value was 22.4% in 2003.
- What is the lowest adjusted savings: gross savings recorded in Solomon Islands?
- The lowest recorded value was -137.2% in 1980.
- How does Solomon Islands rank for adjusted savings: gross savings?
- Solomon Islands ranks 116th out of 178 countries with data for 2020.
- Is adjusted savings: gross savings rising or falling in Solomon Islands?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.