Annual GDP growth (%) in Solomon Islands
Solomon Islands: Annual GDP growth (%) was 3.0% in 2024. ◆ Volatile
Annual GDP growth in Solomon Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Solomon Islands is 3.0%, measured in 2024.
Compared with earlier readings it is up 5.5% on the previous year and up 152.0% over ten years.
Over the whole period, annual gdp growth in Solomon Islands peaked at 9.7% in 2010 and was at its lowest, -14.3%, in 2000.
Solomon Islands ranks 124th of 230 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.
Annual GDP growth (%) in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -14.3% | — |
| 2001 | -8.0% | -44.3% |
| 2002 | -2.8% | -64.8% |
| 2003 | 6.5% | -333.0% |
| 2004 | 7.7% | +17.8% |
| 2005 | 7.4% | -4.2% |
| 2006 | 4.1% | -43.8% |
| 2007 | 3.6% | -12.0% |
| 2008 | 6.2% | +71.1% |
| 2009 | 2.9% | -54.0% |
| 2010 | 9.7% | +238.9% |
| 2011 | 7.4% | -23.5% |
| 2012 | 2.5% | -66.8% |
| 2013 | 5.2% | +112.4% |
| 2014 | 1.2% | -77.3% |
| 2015 | 1.7% | +40.9% |
| 2016 | 5.6% | +231.5% |
| 2017 | 3.1% | -44.6% |
| 2018 | 2.7% | -10.7% |
| 2019 | 1.7% | -36.3% |
| 2020 | -3.4% | -293.3% |
| 2021 | -0.2% | -93.3% |
| 2022 | -2.6% | +1033.7% |
| 2023 | 2.8% | -209.9% |
| 2024 | 3.0% | +5.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 3.0% is below the median for lower middle income countries, which is 3.8%, 79% of the median. (43 countries reporting)
- Solomon Islands's 3.0% is below the median for East Asia & Pacific, which is 3.5%, 85% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -1033.7% | -0.2% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -14.3% | 7.7% | 10 |
| 2010s | 4.1% | 1.2% | 9.7% | 10 |
| 2020s | -0.1% | -3.4% | 3.0% | 5 |
Countries ranked near Solomon Islands
- 121 Pakistan 3.0% compare
- 122 Poland 3.0% compare
- 123 Sint Maarten (Dutch part) 3.0% compare
- 125 North Macedonia 3.0% compare
- 126 Eswatini 3.0% compare
- 127 Bosnia and Herzegovina 3.0% compare
More economy & growth data for Solomon Islands
- Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Solomon Islands?
- Annual gdp growth in Solomon Islands was 3.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Solomon Islands?
- The highest recorded value was 9.7% in 2010.
- What is the lowest annual gdp growth recorded in Solomon Islands?
- The lowest recorded value was -14.3% in 2000.
- How does Solomon Islands rank for annual gdp growth?
- Solomon Islands ranks 124th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Solomon Islands?
- Over the last ten years it is up 152.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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