Gross domestic product (GDP), Current prices, Domestic currency in Solomon Islands
Solomon Islands: Gross domestic product (GDP), Current prices, Domestic currency was 10.65 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Solomon Islands, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Solomon Islands is 10.65, measured in 2019. That is the highest value across all 50 years on record.
That represents a change of up 2.5% on the previous year and up 107.0% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Solomon Islands peaked at 10.65 in 2019 and was at its lowest, 0.0286, in 1970.
Solomon Islands ranks 172nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0286 | — |
| 1971 | 0.0305 | +6.6% |
| 1972 | 0.0316 | +3.6% |
| 1973 | 0.0356 | +12.7% |
| 1974 | 0.0509 | +43.0% |
| 1975 | 0.0495 | -2.8% |
| 1976 | 0.059 | +19.2% |
| 1977 | 0.0735 | +24.6% |
| 1978 | 0.0858 | +16.7% |
| 1979 | 0.1127 | +31.4% |
| 1980 | 0.1191 | +5.7% |
| 1981 | 0.1406 | +18.1% |
| 1982 | 0.1585 | +12.7% |
| 1983 | 0.1414 | -10.8% |
| 1984 | 0.2217 | +56.8% |
| 1985 | 0.2369 | +6.9% |
| 1986 | 0.2525 | +6.6% |
| 1987 | 0.2928 | +16.0% |
| 1988 | 0.367 | +25.3% |
| 1989 | 0.3844 | +4.7% |
| 1990 | 0.5263 | +36.9% |
| 1991 | 0.5983 | +13.7% |
| 1992 | 0.7631 | +27.5% |
| 1993 | 0.9012 | +18.1% |
| 1994 | 1.05 | +16.8% |
| 1995 | 1.24 | +18.0% |
| 1996 | 1.44 | +15.8% |
| 1997 | 1.52 | +5.6% |
| 1998 | 1.73 | +13.7% |
| 1999 | 1.84 | +6.5% |
| 2000 | 1.72 | -6.4% |
| 2001 | 1.77 | +2.6% |
| 2002 | 1.85 | +4.6% |
| 2003 | 2.36 | +27.6% |
| 2004 | 2.72 | +15.3% |
| 2005 | 3.23 | +18.9% |
| 2006 | 3.59 | +10.9% |
| 2007 | 4.5 | +25.5% |
| 2008 | 4.94 | +9.7% |
| 2009 | 5.14 | +4.2% |
| 2010 | 5.8 | +12.8% |
| 2011 | 6.65 | +14.6% |
| 2012 | 7.18 | +7.9% |
| 2013 | 7.69 | +7.1% |
| 2014 | 8.07 | +5.0% |
| 2015 | 8.48 | +5.0% |
| 2016 | 8.98 | +5.9% |
| 2017 | 9.59 | +6.8% |
| 2018 | 10.39 | +8.3% |
| 2019 | 10.65 | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0558 | 0.0286 | 0.1127 | 10 |
| 1980s | 0.2315 | 0.1191 | 0.3844 | 10 |
| 1990s | 1.16 | 0.5263 | 1.84 | 10 |
| 2000s | 3.18 | 1.72 | 5.14 | 10 |
| 2010s | 8.35 | 5.8 | 10.65 | 10 |
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)
- Total reserves minus gold (current US$), annual growth rate 0.0912 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.4297 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 830.8 current US$ per person (2024)
- General government final consumption expenditure (current US$) -1.03 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2619 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 506.36 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -0.0889 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 2.21 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Solomon Islands?
- Gross domestic product (gdp), current prices, domestic currency in Solomon Islands was 10.65 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Solomon Islands?
- The highest recorded value was 10.65 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Solomon Islands?
- The lowest recorded value was 0.0286 in 1970.
- How does Solomon Islands rank for gross domestic product (gdp), current prices, domestic currency?
- Solomon Islands ranks 172nd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Solomon Islands?
- Over the last ten years it is up 107.0%. 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), Current prices, Domestic currency. 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.