Gross Domestic Product — Value US$ in Solomon Islands
Solomon Islands: Gross Domestic Product — Value US$ was 1,732 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Solomon Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Solomon Islands is 1,732 million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 29.6% over ten years.
Over the whole period, gross domestic product — value us$ in Solomon Islands peaked at 1,732 million USD in 2024 and was at its lowest, 32.03 million USD, in 1970.
That places Solomon Islands 213th out of 236 countries with data for 2024, 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 — Value US$ in Solomon Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 32.03 million USD | — |
| 1971 | 34.6 million USD | +8.0% |
| 1972 | 37.74 million USD | +9.1% |
| 1973 | 50.56 million USD | +34.0% |
| 1974 | 72.91 million USD | +44.2% |
| 1975 | 64.8 million USD | -11.1% |
| 1976 | 72.1 million USD | +11.3% |
| 1977 | 81.5 million USD | +13.0% |
| 1978 | 98.21 million USD | +20.5% |
| 1979 | 130.14 million USD | +32.5% |
| 1980 | 143.52 million USD | +10.3% |
| 1981 | 161.58 million USD | +12.6% |
| 1982 | 163.22 million USD | +1.0% |
| 1983 | 123.11 million USD | -24.6% |
| 1984 | 174.06 million USD | +41.4% |
| 1985 | 159.99 million USD | -8.1% |
| 1986 | 144.99 million USD | -9.4% |
| 1987 | 146.16 million USD | +0.8% |
| 1988 | 176.23 million USD | +20.6% |
| 1989 | 167.62 million USD | -4.9% |
| 1990 | 208.12 million USD | +24.2% |
| 1991 | 220.39 million USD | +5.9% |
| 1992 | 260.61 million USD | +18.3% |
| 1993 | 282.71 million USD | +8.5% |
| 1994 | 319.78 million USD | +13.1% |
| 1995 | 376.58 million USD | +17.8% |
| 1996 | 429.99 million USD | +14.2% |
| 1997 | 449.76 million USD | +4.6% |
| 1998 | 407.61 million USD | -9.4% |
| 1999 | 446.4 million USD | +9.5% |
| 2000 | 410.14 million USD | -8.1% |
| 2001 | 419.05 million USD | +2.2% |
| 2002 | 354.15 million USD | -15.5% |
| 2003 | 417.67 million USD | +17.9% |
| 2004 | 468 million USD | +12.1% |
| 2005 | 552.88 million USD | +18.1% |
| 2006 | 617.26 million USD | +11.6% |
| 2007 | 695.29 million USD | +12.6% |
| 2008 | 776.34 million USD | +11.7% |
| 2009 | 805.56 million USD | +3.8% |
| 2010 | 898.13 million USD | +11.5% |
| 2011 | 1,064 million USD | +18.5% |
| 2012 | 1,185 million USD | +11.4% |
| 2013 | 1,286 million USD | +8.5% |
| 2014 | 1,336 million USD | +3.9% |
| 2015 | 1,308 million USD | -2.1% |
| 2016 | 1,379 million USD | +5.5% |
| 2017 | 1,470 million USD | +6.5% |
| 2018 | 1,615 million USD | +9.9% |
| 2019 | 1,619 million USD | +0.2% |
| 2020 | 1,536 million USD | -5.1% |
| 2021 | 1,523 million USD | -0.9% |
| 2022 | 1,566 million USD | +2.9% |
| 2023 | 1,633 million USD | +4.3% |
| 2024 | 1,732 million USD | +6.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 1,732 million USD is below the median for lower middle income countries, which is 26,175 million USD, 7% of the median. (44 countries reporting)
- Solomon Islands's 1,732 million USD is below the median for East Asia & Pacific, which is 15,030 million USD, 12% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 67.46 million USD | 32.03 million USD | 130.14 million USD | 10 |
| 1980s | 156.05 million USD | 123.11 million USD | 176.23 million USD | 10 |
| 1990s | 340.19 million USD | 208.12 million USD | 449.76 million USD | 10 |
| 2000s | 551.63 million USD | 354.15 million USD | 805.56 million USD | 10 |
| 2010s | 1,316 million USD | 898.13 million USD | 1,619 million USD | 10 |
| 2020s | 1,598 million USD | 1,523 million USD | 1,732 million USD | 5 |
Countries ranked near Solomon Islands
- 211 Guinea-Bissau 1,879 million USD compare
- 212 Sint Maarten (Dutch part) 1,788 million USD compare
- 214 Micronesia 1,592 million USD compare
- 215 British Virgin Islands 1,565 million USD compare
- 216 Comoros 1,565 million USD 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0138 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Solomon Islands?
- Gross domestic product — value us$ in Solomon Islands was 1,732 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Solomon Islands?
- The highest recorded value was 1,732 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Solomon Islands?
- The lowest recorded value was 32.03 million USD in 1970.
- How does Solomon Islands rank for gross domestic product — value us$?
- Solomon Islands ranks 213th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Solomon Islands?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).