GDP Deflator — Value US$, 2015 prices in Solomon Islands
Solomon Islands: GDP Deflator — Value US$, 2015 prices was 108.51 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Solomon Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Solomon Islands recorded 108.51 USD for gdp deflator — value us$, 2015 prices in 2024.
That represents a change of up 3.4% on the previous year and up 4.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Solomon Islands peaked at 110.49 USD in 2018 and was at its lowest, 17.92 USD, in 1970.
Solomon Islands ranks 167th of 222 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Solomon Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 17.92 USD | — |
| 1971 | 18.41 USD | +2.7% |
| 1972 | 19.6 USD | +6.5% |
| 1973 | 24.07 USD | +22.8% |
| 1974 | 28.85 USD | +19.9% |
| 1975 | 28.08 USD | -2.7% |
| 1976 | 27.49 USD | -2.1% |
| 1977 | 27.82 USD | +1.2% |
| 1978 | 30.57 USD | +9.9% |
| 1979 | 33.28 USD | +8.9% |
| 1980 | 39.18 USD | +17.7% |
| 1981 | 41.34 USD | +5.5% |
| 1982 | 42.23 USD | +2.1% |
| 1983 | 34.31 USD | -18.8% |
| 1984 | 45.26 USD | +31.9% |
| 1985 | 40.47 USD | -10.6% |
| 1986 | 36.95 USD | -8.7% |
| 1987 | 36.4 USD | -1.5% |
| 1988 | 41.65 USD | +14.4% |
| 1989 | 37.07 USD | -11.0% |
| 1990 | 43.13 USD | +16.3% |
| 1991 | 44.53 USD | +3.3% |
| 1992 | 47.29 USD | +6.2% |
| 1993 | 50.44 USD | +6.7% |
| 1994 | 52.79 USD | +4.7% |
| 1995 | 54.73 USD | +3.7% |
| 1996 | 59.56 USD | +8.8% |
| 1997 | 61.39 USD | +3.1% |
| 1998 | 52.21 USD | -15.0% |
| 1999 | 56.24 USD | +7.7% |
| 2000 | 58.33 USD | +3.7% |
| 2001 | 62.7 USD | +7.5% |
| 2002 | 52.77 USD | -15.8% |
| 2003 | 56.93 USD | +7.9% |
| 2004 | 59.24 USD | +4.1% |
| 2005 | 65.19 USD | +10.0% |
| 2006 | 69.88 USD | +7.2% |
| 2007 | 75.95 USD | +8.7% |
| 2008 | 79.84 USD | +5.1% |
| 2009 | 80.54 USD | +0.9% |
| 2010 | 81.84 USD | +1.6% |
| 2011 | 90.25 USD | +10.3% |
| 2012 | 98.22 USD | +8.8% |
| 2013 | 101.15 USD | +3.0% |
| 2014 | 103.83 USD | +2.6% |
| 2015 | 100 USD | -3.7% |
| 2016 | 99.92 USD | -0.1% |
| 2017 | 103.29 USD | +3.4% |
| 2018 | 110.49 USD | +7.0% |
| 2019 | 108.84 USD | -1.5% |
| 2020 | 106.87 USD | -1.8% |
| 2021 | 103.3 USD | -3.3% |
| 2022 | 103.76 USD | +0.4% |
| 2023 | 104.96 USD | +1.2% |
| 2024 | 108.51 USD | +3.4% |
Solomon Islands compared with similar countries
- Solomon Islands's 108.51 USD is below the median for lower middle income countries, which is 112.12 USD, 97% of the median. (41 countries reporting)
- Solomon Islands's 108.51 USD is below the median for East Asia & Pacific, which is 118.05 USD, 92% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.61 USD | 17.92 USD | 33.28 USD | 10 |
| 1980s | 39.49 USD | 34.31 USD | 45.26 USD | 10 |
| 1990s | 52.23 USD | 43.13 USD | 61.39 USD | 10 |
| 2000s | 66.14 USD | 52.77 USD | 80.54 USD | 10 |
| 2010s | 99.78 USD | 81.84 USD | 110.49 USD | 10 |
| 2020s | 105.48 USD | 103.3 USD | 108.51 USD | 5 |
Countries ranked near Solomon Islands
- 164 Sri Lanka 109.09 USD compare
- 165 South Africa 108.9 USD compare
- 166 Timor-Leste 108.68 USD compare
- 168 French Polynesia 108.45 USD compare
- 169 Comoros 108.05 USD compare
- 170 Democratic People's Republic of Korea 107.88 USD 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 gdp deflator — value us$, 2015 prices in Solomon Islands?
- Gdp deflator — value us$, 2015 prices in Solomon Islands was 108.51 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Solomon Islands?
- The highest recorded value was 110.49 USD in 2018.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Solomon Islands?
- The lowest recorded value was 17.92 USD in 1970.
- How does Solomon Islands rank for gdp deflator — value us$, 2015 prices?
- Solomon Islands ranks 167th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Solomon Islands?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).