Gross Domestic Product, GDP in millions constant 2021 international $ in Solomon Islands
Solomon Islands: Gross Domestic Product, GDP in millions constant 2021 international $ was 2,251 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Solomon Islands, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Solomon Islands stood at 2,251. That is the highest value across all 37 years on record.
The figure is up 2.9% on the previous year and up 21.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Solomon Islands peaked at 2,251 in 2027 and was at its lowest, 826.46, in 1991.
That places Solomon Islands 183rd out of 188 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 826.46 | — |
| 1992 | 931.41 | +12.7% |
| 1993 | 968.67 | +4.0% |
| 1994 | 1,047 | +8.1% |
| 1995 | 1,153 | +10.1% |
| 1996 | 1,171 | +1.6% |
| 1997 | 1,161 | -0.9% |
| 1998 | 1,176 | +1.3% |
| 1999 | 1,170 | -0.5% |
| 2000 | 1,003 | -14.3% |
| 2001 | 923.08 | -8.0% |
| 2002 | 897.24 | -2.8% |
| 2003 | 955.77 | +6.5% |
| 2004 | 1,029 | +7.7% |
| 2005 | 1,105 | +7.4% |
| 2006 | 1,151 | +4.1% |
| 2007 | 1,193 | +3.6% |
| 2008 | 1,267 | +6.2% |
| 2009 | 1,303 | +2.9% |
| 2010 | 1,430 | +9.7% |
| 2011 | 1,536 | +7.4% |
| 2012 | 1,574 | +2.5% |
| 2013 | 1,656 | +5.2% |
| 2014 | 1,676 | +1.2% |
| 2015 | 1,704 | +1.7% |
| 2016 | 1,799 | +5.6% |
| 2017 | 1,854 | +3.1% |
| 2018 | 1,905 | +2.7% |
| 2019 | 1,938 | +1.7% |
| 2020 | 1,872 | -3.4% |
| 2021 | 1,920 | +2.6% |
| 2022 | 1,967 | +2.4% |
| 2023 | 2,019 | +2.7% |
| 2024 | 2,070 | +2.5% |
| 2025 | 2,126 | +2.7% |
| 2026 | 2,186 | +2.8% |
| 2027 | 2,251 | +2.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 2,251 is below the median for lower middle income countries, which is 75,074, 3% of the median. (46 countries reporting)
- Solomon Islands's 2,251 is below the median for East Asia & Pacific, which is 84,340, 3% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,067 | 826.46 | 1,176 | 9 |
| 2000s | 1,083 | 897.24 | 1,303 | 10 |
| 2010s | 1,707 | 1,430 | 1,938 | 10 |
| 2020s | 2,052 | 1,872 | 2,251 | 8 |
Countries ranked near Solomon Islands
- 180 Western Sahara 4,531 compare
- 181 United States Virgin Islands 3,807 compare
- 182 Comoros 3,305 compare
- 184 Saint Vincent and the Grenadines 2,130 compare
- 185 Samoa 1,818 compare
- 186 Sao Tome and Principe 1,448 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 in millions constant 2021 international $ in Solomon Islands?
- Gross domestic product, gdp in millions constant 2021 international $ in Solomon Islands was 2,251 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Solomon Islands?
- The highest recorded value was 2,251 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Solomon Islands?
- The lowest recorded value was 826.46 in 1991.
- How does Solomon Islands rank for gross domestic product, gdp in millions constant 2021 international $?
- Solomon Islands ranks 183rd out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Solomon Islands?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.