Gross domestic savings in Solomon Islands
Solomon Islands: Gross domestic savings was -128.38 million current US$ in 2024. ◆ Volatile
Latest (2024)
-128.38 million current US$
Change on year
down 74.9%
World rank
166th
of 187 countries
All-time high
224.13 million current US$
in 2018
All-time low
-249.84 million current US$
in 1981
Years of data
45
1980–2024
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$, in 1981.
Solomon Islands ranks 166th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Solomon Islands, year by year
| Year | current US$ | 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% |
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
- 163 Namibia -83.18 million current US$ compare
- 164 Sao Tome and Principe -110.88 million current US$ compare
- 165 Tonga -127.85 million current US$ compare
- 167 Central African Republic -150.63 million current US$ compare
- 168 United States Virgin Islands -155.00 million current US$ compare
- 169 Comoros -189.56 million current US$ 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)
- GDP (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8764 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,828 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.32 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 13,194 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -74.91 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.081 current US$ per US$ of GDP (2024)
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 166th out of 187 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.