Gross domestic product (GDP), Constant prices, Purchasing power in Solomon Islands
Solomon Islands: Gross domestic product (GDP), Constant prices, Purchasing power was 1.46 in 2019. ◆ Volatile
Latest (2019)
1.46
Change on year
up 1.2%
World rank
180th
of 193 countries
All-time high
1.46
in 2019
All-time low
0.2008
in 1970
Years of data
50
1970–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Solomon Islands, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Solomon Islands stood at 1.46. That is the highest value across all 50 years on record.
The figure is up 1.2% on the previous year and up 53.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Solomon Islands peaked at 1.46 in 2019 and was at its lowest, 0.2008, in 1970.
That places Solomon Islands 180th out of 193 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.2008 | — |
| 1971 | 0.2111 | +5.1% |
| 1972 | 0.2163 | +2.4% |
| 1973 | 0.236 | +9.1% |
| 1974 | 0.2839 | +20.3% |
| 1975 | 0.2593 | -8.7% |
| 1976 | 0.2946 | +13.6% |
| 1977 | 0.3291 | +11.7% |
| 1978 | 0.3609 | +9.7% |
| 1979 | 0.4393 | +21.7% |
| 1980 | 0.4115 | -6.3% |
| 1981 | 0.439 | +6.7% |
| 1982 | 0.4342 | -1.1% |
| 1983 | 0.4031 | -7.2% |
| 1984 | 0.432 | +7.2% |
| 1985 | 0.4441 | +2.8% |
| 1986 | 0.4408 | -0.7% |
| 1987 | 0.4512 | +2.3% |
| 1988 | 0.4754 | +5.4% |
| 1989 | 0.508 | +6.9% |
| 1990 | 0.5421 | +6.7% |
| 1991 | 0.556 | +2.6% |
| 1992 | 0.6191 | +11.4% |
| 1993 | 0.6296 | +1.7% |
| 1994 | 0.6805 | +8.1% |
| 1995 | 0.7485 | +10.0% |
| 1996 | 0.7605 | +1.6% |
| 1997 | 0.7474 | -1.7% |
| 1998 | 0.7713 | +3.2% |
| 1999 | 0.7593 | -1.6% |
| 2000 | 0.6514 | -14.2% |
| 2001 | 0.5995 | -8.0% |
| 2002 | 0.583 | -2.8% |
| 2003 | 0.6208 | +6.5% |
| 2004 | 0.6711 | +8.1% |
| 2005 | 0.7573 | +12.8% |
| 2006 | 0.7876 | +4.0% |
| 2007 | 0.918 | +16.6% |
| 2008 | 0.952 | +3.7% |
| 2009 | 0.9543 | +0.2% |
| 2010 | 1.06 | +10.6% |
| 2011 | 1.12 | +6.4% |
| 2012 | 1.15 | +2.6% |
| 2013 | 1.21 | +5.3% |
| 2014 | 1.23 | +1.1% |
| 2015 | 1.24 | +1.4% |
| 2016 | 1.32 | +5.9% |
| 2017 | 1.39 | +5.3% |
| 2018 | 1.44 | +3.9% |
| 2019 | 1.46 | +1.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.46 is below the median for lower middle income countries, which is 48.19, 3% of the median. (46 countries reporting)
- Solomon Islands's 1.46 is below the median for East Asia & Pacific, which is 56.15, 3% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2831 | 0.2008 | 0.4393 | 10 |
| 1980s | 0.4439 | 0.4031 | 0.508 | 10 |
| 1990s | 0.6814 | 0.5421 | 0.7713 | 10 |
| 2000s | 0.7495 | 0.583 | 0.9543 | 10 |
| 2010s | 1.26 | 1.06 | 1.46 | 10 |
Countries ranked near Solomon Islands
- 177 San Marino 2.03 compare
- 178 Grenada 1.67 compare
- 179 Antigua and Barbuda 1.51 compare
- 181 Samoa 1.3 compare
- 182 Saint Kitts and Nevis 1.17 compare
- 183 Saint Vincent and the Grenadines 1.16 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 gross domestic product (gdp), constant prices, purchasing power in Solomon Islands?
- Gross domestic product (gdp), constant prices, purchasing power in Solomon Islands was 1.46 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Solomon Islands?
- The highest recorded value was 1.46 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Solomon Islands?
- The lowest recorded value was 0.2008 in 1970.
- How does Solomon Islands rank for gross domestic product (gdp), constant prices, purchasing power?
- Solomon Islands ranks 180th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Solomon Islands?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.