Gross National Income — Annual growth Standard Local Currency in Solomon Islands
Solomon Islands: Gross National Income — Annual growth Standard Local Currency was 8.17 % in 2023. ◆ Volatile
Gross National Income — Annual growth Standard Local Currency in Solomon Islands, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Solomon Islands recorded 8.17 % for gross national income — annual growth standard local currency in 2023.
Compared with earlier readings it is up 115.1% on the previous year and down 39.5% over ten years.
Over the whole period, gross national income — annual growth standard local currency in Solomon Islands peaked at 56.79 % in 1984 and was at its lowest, -10.79 %, in 1983.
That places Solomon Islands 107th out of 202 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Annual growth Standard Local Currency in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 6.64 % | — |
| 1972 | 3.61 % | -45.7% |
| 1973 | 12.66 % | +251.0% |
| 1974 | 42.98 % | +239.5% |
| 1975 | -2.75 % | -106.4% |
| 1976 | 19.19 % | -797.8% |
| 1977 | 24.58 % | +28.1% |
| 1978 | 16.73 % | -31.9% |
| 1979 | 31.35 % | +87.3% |
| 1980 | 5.68 % | -81.9% |
| 1981 | 18.05 % | +217.9% |
| 1982 | 12.73 % | -29.5% |
| 1983 | -10.79 % | -184.7% |
| 1984 | 56.79 % | -626.4% |
| 1985 | 6.86 % | -87.9% |
| 1986 | 6.59 % | -4.0% |
| 1987 | 15.96 % | +142.4% |
| 1988 | 25.34 % | +58.8% |
| 1989 | 4.74 % | -81.3% |
| 1990 | 36.91 % | +678.6% |
| 1991 | 14.22 % | -61.5% |
| 1992 | 26.75 % | +88.1% |
| 1993 | 18.62 % | -30.4% |
| 1994 | 17.22 % | -7.5% |
| 1995 | 21.53 % | +25.0% |
| 1996 | 19.63 % | -8.8% |
| 1997 | 8.76 % | -55.4% |
| 1998 | 17.28 % | +97.2% |
| 1999 | 8.08 % | -53.3% |
| 2000 | -0.8888 % | -111.0% |
| 2001 | 7.07 % | -895.2% |
| 2002 | 5.69 % | -19.4% |
| 2003 | 32.97 % | +479.1% |
| 2004 | 13.19 % | -60.0% |
| 2005 | 18.64 % | +41.3% |
| 2006 | 9.97 % | -46.5% |
| 2007 | 10.27 % | +2.9% |
| 2008 | 10.25 % | -0.1% |
| 2009 | 8.18 % | -20.2% |
| 2010 | 14.08 % | +72.1% |
| 2011 | 9.82 % | -30.2% |
| 2012 | 9.67 % | -1.5% |
| 2013 | 13.51 % | +39.6% |
| 2014 | 3.4 % | -74.8% |
| 2015 | 4.34 % | +27.7% |
| 2016 | 4.56 % | +5.2% |
| 2017 | 6.92 % | +51.7% |
| 2018 | 11.66 % | +68.4% |
| 2019 | 3.27 % | -71.9% |
| 2020 | -1.42 % | -143.5% |
| 2021 | -4.18 % | +193.5% |
| 2022 | 3.8 % | -190.9% |
| 2023 | 8.17 % | +115.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.22 % | -2.75 % | 42.98 % | 9 |
| 1980s | 14.19 % | -10.79 % | 56.79 % | 10 |
| 1990s | 18.9 % | 8.08 % | 36.91 % | 10 |
| 2000s | 11.53 % | -0.8888 % | 32.97 % | 10 |
| 2010s | 8.12 % | 3.27 % | 14.08 % | 10 |
| 2020s | 1.59 % | -4.18 % | 8.17 % | 4 |
Countries ranked near Solomon Islands
- 104 Dominican Republic 8.34 % compare
- 105 Cambodia 8.33 % compare
- 106 Brazil 8.26 % compare
- 108 Albania 8.15 % compare
- 109 Netherlands (Kingdom of the) 8.12 % compare
- 110 Saint Kitts and Nevis 8.12 % 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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — annual growth standard local currency in Solomon Islands?
- Gross national income — annual growth standard local currency in Solomon Islands was 8.17 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth standard local currency recorded in Solomon Islands?
- The highest recorded value was 56.79 % in 1984.
- What is the lowest gross national income — annual growth standard local currency recorded in Solomon Islands?
- The lowest recorded value was -10.79 % in 1983.
- How does Solomon Islands rank for gross national income — annual growth standard local currency?
- Solomon Islands ranks 107th out of 202 countries with data for 2023.
- Is gross national income — annual growth standard local currency rising or falling in Solomon Islands?
- Over the last ten years it is down 39.5%. 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 National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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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).