Government spending vs. GDP, per unit of GDP in Solomon Islands
Solomon Islands: Government spending vs. GDP, per unit of GDP was 0.3004 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Government spending vs. GDP, per unit of GDP in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for government spending vs. gdp, per unit of gdp in Solomon Islands is 0.3004 constant 2015 US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 1.6% on the previous year and up 8.8% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in Solomon Islands peaked at 0.6382 constant 2015 US$ per US$ of GDP in 2005 and was at its lowest, 0.2368 constant 2015 US$ per US$ of GDP, in 2012.
That places Solomon Islands 8th out of 166 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 22 years of available data.
Government spending vs. GDP, per unit of GDP in Solomon Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.3499 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.4176 constant 2015 US$ per US$ of GDP | +19.3% |
| 2005 | 0.6382 constant 2015 US$ per US$ of GDP | +52.8% |
| 2006 | 0.5736 constant 2015 US$ per US$ of GDP | -10.1% |
| 2007 | 0.498 constant 2015 US$ per US$ of GDP | -13.2% |
| 2008 | 0.4364 constant 2015 US$ per US$ of GDP | -12.4% |
| 2009 | 0.4203 constant 2015 US$ per US$ of GDP | -3.7% |
| 2010 | 0.4147 constant 2015 US$ per US$ of GDP | -1.3% |
| 2011 | 0.29 constant 2015 US$ per US$ of GDP | -30.1% |
| 2012 | 0.2368 constant 2015 US$ per US$ of GDP | -18.3% |
| 2013 | 0.278 constant 2015 US$ per US$ of GDP | +17.4% |
| 2014 | 0.2761 constant 2015 US$ per US$ of GDP | -0.7% |
| 2015 | 0.2957 constant 2015 US$ per US$ of GDP | +7.1% |
| 2016 | 0.2921 constant 2015 US$ per US$ of GDP | -1.2% |
| 2017 | 0.2591 constant 2015 US$ per US$ of GDP | -11.3% |
| 2018 | 0.2696 constant 2015 US$ per US$ of GDP | +4.1% |
| 2019 | 0.2853 constant 2015 US$ per US$ of GDP | +5.8% |
| 2020 | 0.2607 constant 2015 US$ per US$ of GDP | -8.6% |
| 2021 | 0.2529 constant 2015 US$ per US$ of GDP | -3.0% |
| 2022 | 0.2787 constant 2015 US$ per US$ of GDP | +10.2% |
| 2023 | 0.2955 constant 2015 US$ per US$ of GDP | +6.0% |
| 2024 | 0.3004 constant 2015 US$ per US$ of GDP | +1.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.3004 constant 2015 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1095 constant 2015 US$ per US$ of GDP, 2.7× the median. (42 countries reporting)
- Solomon Islands's 0.3004 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 2.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4763 constant 2015 US$ per US$ of GDP | 0.3499 constant 2015 US$ per US$ of GDP | 0.6382 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.2897 constant 2015 US$ per US$ of GDP | 0.2368 constant 2015 US$ per US$ of GDP | 0.4147 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2776 constant 2015 US$ per US$ of GDP | 0.2529 constant 2015 US$ per US$ of GDP | 0.3004 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 5 Greenland 0.367 constant 2015 US$ per US$ of GDP compare
- 6 Kiribati 0.344 constant 2015 US$ per US$ of GDP compare
- 7 Lesotho 0.313 constant 2015 US$ per US$ of GDP compare
- 9 Botswana 0.2999 constant 2015 US$ per US$ of GDP compare
- 10 Palau 0.2747 constant 2015 US$ per US$ of GDP compare
- 11 Equatorial Guinea 0.2707 constant 2015 US$ per US$ of GDP 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)
- 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is government spending vs. gdp, per unit of gdp in Solomon Islands?
- Government spending vs. gdp, per unit of gdp in Solomon Islands was 0.3004 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.6382 constant 2015 US$ per US$ of GDP in 2005.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.2368 constant 2015 US$ per US$ of GDP in 2012.
- How does Solomon Islands rank for government spending vs. gdp, per unit of gdp?
- Solomon Islands ranks 8th out of 166 countries with data for 2024.
- Is government spending vs. gdp, per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 8.8%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.