Gross domestic income in Solomon Islands
Solomon Islands: Gross domestic income was 11.62 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross domestic income in Solomon Islands stood at 11.62 billion constant LCU. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 21.9% over ten years.
Over the whole period, gross domestic income in Solomon Islands peaked at 11.62 billion constant LCU in 2024 and was at its lowest, 4.24 billion constant LCU, in 1982.
That places Solomon Islands 161st out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross domestic income in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 4.40 billion constant LCU | — |
| 1981 | 4.32 billion constant LCU | -1.8% |
| 1982 | 4.24 billion constant LCU | -1.7% |
| 1983 | 4.41 billion constant LCU | +3.9% |
| 1984 | 4.65 billion constant LCU | +5.3% |
| 1985 | 4.29 billion constant LCU | -7.8% |
| 1986 | 4.41 billion constant LCU | +3.0% |
| 1987 | 4.76 billion constant LCU | +8.0% |
| 1988 | 4.89 billion constant LCU | +2.6% |
| 1989 | 5.10 billion constant LCU | +4.2% |
| 1990 | 5.14 billion constant LCU | +0.8% |
| 1991 | 4.94 billion constant LCU | -3.9% |
| 1992 | 5.56 billion constant LCU | +12.6% |
| 1993 | 6.29 billion constant LCU | +13.1% |
| 1994 | 6.91 billion constant LCU | +9.8% |
| 1995 | 7.53 billion constant LCU | +8.9% |
| 1996 | 7.59 billion constant LCU | +0.8% |
| 1997 | 7.68 billion constant LCU | +1.2% |
| 1998 | 7.74 billion constant LCU | +0.8% |
| 1999 | 7.29 billion constant LCU | -5.8% |
| 2000 | 5.71 billion constant LCU | -21.7% |
| 2001 | 5.19 billion constant LCU | -9.1% |
| 2002 | 5.20 billion constant LCU | +0.1% |
| 2003 | 4.71 billion constant LCU | -9.3% |
| 2004 | 5.40 billion constant LCU | +14.5% |
| 2005 | 5.97 billion constant LCU | +10.7% |
| 2006 | 6.45 billion constant LCU | +8.1% |
| 2007 | 6.91 billion constant LCU | +7.0% |
| 2008 | 7.02 billion constant LCU | +1.7% |
| 2009 | 7.30 billion constant LCU | +4.0% |
| 2010 | 7.94 billion constant LCU | +8.7% |
| 2011 | 8.81 billion constant LCU | +11.1% |
| 2012 | 8.72 billion constant LCU | -1.1% |
| 2013 | 9.17 billion constant LCU | +5.2% |
| 2014 | 9.53 billion constant LCU | +3.9% |
| 2015 | 10.03 billion constant LCU | +5.2% |
| 2016 | 10.46 billion constant LCU | +4.4% |
| 2017 | 10.55 billion constant LCU | +0.9% |
| 2018 | 11.48 billion constant LCU | +8.8% |
| 2019 | 11.44 billion constant LCU | -0.3% |
| 2020 | 10.50 billion constant LCU | -8.2% |
| 2021 | 10.47 billion constant LCU | -0.3% |
| 2022 | 10.57 billion constant LCU | +1.0% |
| 2023 | 10.87 billion constant LCU | +2.8% |
| 2024 | 11.62 billion constant LCU | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.55 billion constant LCU | 4.24 billion constant LCU | 5.10 billion constant LCU | 10 |
| 1990s | 6.67 billion constant LCU | 4.94 billion constant LCU | 7.74 billion constant LCU | 10 |
| 2000s | 5.99 billion constant LCU | 4.71 billion constant LCU | 7.30 billion constant LCU | 10 |
| 2010s | 9.81 billion constant LCU | 7.94 billion constant LCU | 11.48 billion constant LCU | 10 |
| 2020s | 10.81 billion constant LCU | 10.47 billion constant LCU | 11.62 billion constant LCU | 5 |
Countries ranked near Solomon Islands
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)
- Services, value added (current US$), annual growth rate 2.88 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4692 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 907.24 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 3.85 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 3.97 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 7,671 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 1.86 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4855 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic income in Solomon Islands?
- Gross domestic income in Solomon Islands was 11.62 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Solomon Islands?
- The highest recorded value was 11.62 billion constant LCU in 2024.
- What is the lowest gross domestic income recorded in Solomon Islands?
- The lowest recorded value was 4.24 billion constant LCU in 1982.
- How does Solomon Islands rank for gross domestic income?
- Solomon Islands ranks 161st out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Solomon Islands?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- 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 Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.