Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Solomon Islands
Solomon Islands: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.96 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Solomon Islands, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Solomon Islands recorded 2.96 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2029.
That represents a change of up 0.7% on the previous year and up 69.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Solomon Islands peaked at 12.7 Percent per annum in 1992 and was at its lowest, -14.28 Percent per annum, in 2000.
Solomon Islands ranks 88th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Solomon Islands, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 2.2 Percent per annum | — |
| 1991 | 6 Percent per annum | +172.7% |
| 1992 | 12.7 Percent per annum | +111.7% |
| 1993 | 4 Percent per annum | -68.5% |
| 1994 | 8.1 Percent per annum | +102.5% |
| 1995 | 10.09 Percent per annum | +24.6% |
| 1996 | 1.61 Percent per annum | -84.0% |
| 1997 | -0.9141 Percent per annum | -156.8% |
| 1998 | 1.29 Percent per annum | -241.3% |
| 1999 | -0.4857 Percent per annum | -137.6% |
| 2000 | -14.28 Percent per annum | +2839.3% |
| 2001 | -7.96 Percent per annum | -44.3% |
| 2002 | -2.8 Percent per annum | -64.8% |
| 2003 | 6.52 Percent per annum | -333.0% |
| 2004 | 6.67 Percent per annum | +2.2% |
| 2005 | 5.53 Percent per annum | -17.1% |
| 2006 | 4.87 Percent per annum | -11.8% |
| 2007 | 4.44 Percent per annum | -8.9% |
| 2008 | 5.81 Percent per annum | +30.7% |
| 2009 | 2.57 Percent per annum | -55.7% |
| 2010 | 8.62 Percent per annum | +235.3% |
| 2011 | 7.27 Percent per annum | -15.7% |
| 2012 | 1.37 Percent per annum | -81.2% |
| 2013 | 5.24 Percent per annum | +283.0% |
| 2014 | 1.19 Percent per annum | -77.4% |
| 2015 | 1.68 Percent per annum | +41.5% |
| 2016 | 5.56 Percent per annum | +231.0% |
| 2017 | 3.08 Percent per annum | -44.6% |
| 2018 | 2.74 Percent per annum | -10.8% |
| 2019 | 1.75 Percent per annum | -36.3% |
| 2020 | -3.38 Percent per annum | -293.5% |
| 2021 | 2.56 Percent per annum | -175.8% |
| 2022 | 2.4 Percent per annum | -6.3% |
| 2023 | 2.95 Percent per annum | +22.7% |
| 2024 | 2.37 Percent per annum | -19.6% |
| 2025 | 2.53 Percent per annum | +6.7% |
| 2026 | 2.62 Percent per annum | +3.5% |
| 2027 | 2.92 Percent per annum | +11.4% |
| 2028 | 2.94 Percent per annum | +0.8% |
| 2029 | 2.96 Percent per annum | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.46 Percent per annum | -0.9141 Percent per annum | 12.7 Percent per annum | 10 |
| 2000s | 1.14 Percent per annum | -14.28 Percent per annum | 6.67 Percent per annum | 10 |
| 2010s | 3.85 Percent per annum | 1.19 Percent per annum | 8.62 Percent per annum | 10 |
| 2020s | 2.09 Percent per annum | -3.38 Percent per annum | 2.96 Percent per annum | 10 |
Countries ranked near Solomon Islands
- 86 Cyprus 2.98 Percent per annum compare
- 87 Thailand 2.98 Percent per annum compare
- 89 Saint Kitts and Nevis 2.85 Percent per annum compare
- 90 Bahrain 2.81 Percent per annum compare
- 91 Trinidad and Tobago 2.79 Percent per annum compare
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -3.58 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 376.25 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -2.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.65 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,181 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2196 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 424.51 constant 2015 US$ per person (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Solomon Islands?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Solomon Islands was 2.96 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Solomon Islands?
- The highest recorded value was 12.7 Percent per annum in 1992.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Solomon Islands?
- The lowest recorded value was -14.28 Percent per annum in 2000.
- How does Solomon Islands rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Solomon Islands ranks 88th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.