Gross domestic savings (current US$) in Solomon Islands
Solomon Islands: Gross domestic savings (current US$) was -128.38 million current US$ in 2024. ◆ Volatile
Gross domestic savings in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Solomon Islands recorded -128.38 million current US$ for gross domestic savings in 2024.
That represents a change of down 74.9% on the previous year and down 271.4% over ten years.
Over the whole period, gross domestic savings in Solomon Islands peaked at 224.13 million current US$ in 2018 and was at its lowest, -249.84 million current US$, in 1981.
Solomon Islands ranks 167th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$) in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | -235.31 million current US$ | — |
| 1981 | -249.84 million current US$ | +6.2% |
| 1982 | -247.83 million current US$ | -0.8% |
| 1983 | -233.21 million current US$ | -5.9% |
| 1984 | -233.75 million current US$ | +0.2% |
| 1985 | -213.33 million current US$ | -8.7% |
| 1986 | -115.95 million current US$ | -45.7% |
| 1987 | -60.02 million current US$ | -48.2% |
| 1988 | -175.96 million current US$ | +193.2% |
| 1989 | -138.47 million current US$ | -21.3% |
| 1990 | -107.81 million current US$ | -22.1% |
| 1991 | -131.61 million current US$ | +22.1% |
| 1992 | -77.27 million current US$ | -41.3% |
| 1993 | -121.18 million current US$ | +56.8% |
| 1994 | -107.29 million current US$ | -11.5% |
| 1995 | -65.22 million current US$ | -39.2% |
| 1996 | -89.75 million current US$ | +37.6% |
| 1997 | -66.41 million current US$ | -26.0% |
| 1998 | 9.67 million current US$ | -114.6% |
| 1999 | 32.06 million current US$ | +231.8% |
| 2000 | -30.94 million current US$ | -196.5% |
| 2001 | -90.49 million current US$ | +192.5% |
| 2002 | -16.33 million current US$ | -82.0% |
| 2003 | 68.60 million current US$ | -520.2% |
| 2004 | 51.67 million current US$ | -24.7% |
| 2005 | 8.26 million current US$ | -84.0% |
| 2006 | 19.91 million current US$ | +141.0% |
| 2007 | 47.88 million current US$ | +140.4% |
| 2008 | 37.50 million current US$ | -21.7% |
| 2009 | 44.27 million current US$ | +18.1% |
| 2010 | 35.78 million current US$ | -19.2% |
| 2011 | 142.82 million current US$ | +299.1% |
| 2012 | 138.90 million current US$ | -2.7% |
| 2013 | 97.87 million current US$ | -29.5% |
| 2014 | 74.89 million current US$ | -23.5% |
| 2015 | 91.36 million current US$ | +22.0% |
| 2016 | 112.29 million current US$ | +22.9% |
| 2017 | 199.77 million current US$ | +77.9% |
| 2018 | 224.13 million current US$ | +12.2% |
| 2019 | 204.93 million current US$ | -8.6% |
| 2020 | 183.82 million current US$ | -10.3% |
| 2021 | 167.03 million current US$ | -9.1% |
| 2022 | 40.04 million current US$ | -76.0% |
| 2023 | -73.40 million current US$ | -283.3% |
| 2024 | -128.38 million current US$ | +74.9% |
Solomon Islands compared with similar countries
- Solomon Islands's -128.38 million current US$ is below the median for lower middle income countries, which is 3.13 billion current US$. (45 countries reporting)
- Solomon Islands's -128.38 million current US$ is below the median for East Asia & Pacific, which is 8.60 billion current US$. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current US$) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +520.2% | -16.33 million current US$ | 68.60 million current US$ |
| 2011 | +299.1% | 35.78 million current US$ | 142.82 million current US$ |
| 2023 | -283.3% | 40.04 million current US$ | -73.40 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -190.37 million current US$ | -249.84 million current US$ | -60.02 million current US$ | 10 |
| 1990s | -72.48 million current US$ | -131.61 million current US$ | 32.06 million current US$ | 10 |
| 2000s | 14.03 million current US$ | -90.49 million current US$ | 68.60 million current US$ | 10 |
| 2010s | 132.28 million current US$ | 35.78 million current US$ | 224.13 million current US$ | 10 |
| 2020s | 37.82 million current US$ | -128.38 million current US$ | 183.82 million current US$ | 5 |
Countries ranked near Solomon Islands
- 164 Namibia -83.18 million current US$ compare
- 165 Sao Tome and Principe -110.88 million current US$ compare
- 166 Tonga -127.85 million current US$ compare
- 168 Central African Republic -150.63 million current US$ compare
- 169 United States Virgin Islands -155.00 million current US$ compare
- 170 Comoros -189.56 million current US$ compare
More economy & growth data for Solomon Islands
- Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross domestic savings in Solomon Islands?
- Gross domestic savings in Solomon Islands was -128.38 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Solomon Islands?
- The highest recorded value was 224.13 million current US$ in 2018.
- What is the lowest gross domestic savings recorded in Solomon Islands?
- The lowest recorded value was -249.84 million current US$ in 1981.
- How does Solomon Islands rank for gross domestic savings?
- Solomon Islands ranks 167th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Solomon Islands?
- Over the last ten years it is down 271.4%. The long-run trend across the full record is volatile.
- 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 savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.