Gross savings (current US$), per unit of GDP in Solomon Islands
Solomon Islands: Gross savings (current US$), per unit of GDP was 0.0108 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross savings (current US$), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Solomon Islands stood at 0.0108 current US$ per US$ of GDP.
The figure is down 81.1% on the previous year and down 89.7% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Solomon Islands peaked at 0.2218 current US$ per US$ of GDP in 2003 and was at its lowest, -1.29 current US$ per US$ of GDP, in 1982.
Solomon Islands ranks 173rd of 178 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 savings (current US$), per unit of GDP in Solomon Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | -1.26 current US$ per US$ of GDP | — |
| 1981 | -1.25 current US$ per US$ of GDP | -0.8% |
| 1982 | -1.29 current US$ per US$ of GDP | +3.2% |
| 1983 | -1.26 current US$ per US$ of GDP | -2.3% |
| 1984 | -1.26 current US$ per US$ of GDP | +0.0% |
| 1985 | -1.25 current US$ per US$ of GDP | -1.0% |
| 1986 | -0.552 current US$ per US$ of GDP | -55.8% |
| 1987 | -0.1887 current US$ per US$ of GDP | -65.8% |
| 1988 | -0.7755 current US$ per US$ of GDP | +311.1% |
| 1989 | -0.5979 current US$ per US$ of GDP | -22.9% |
| 1990 | -0.349 current US$ per US$ of GDP | -41.6% |
| 1991 | -0.4494 current US$ per US$ of GDP | +28.8% |
| 1992 | -0.1794 current US$ per US$ of GDP | -60.1% |
| 1993 | -0.2753 current US$ per US$ of GDP | +53.4% |
| 1994 | -0.1357 current US$ per US$ of GDP | -50.7% |
| 1995 | -0.0757 current US$ per US$ of GDP | -44.2% |
| 1996 | -0.1054 current US$ per US$ of GDP | +39.2% |
| 1997 | -0.0748 current US$ per US$ of GDP | -29.0% |
| 1998 | 0.0772 current US$ per US$ of GDP | -203.1% |
| 1999 | 0.0619 current US$ per US$ of GDP | -19.8% |
| 2000 | -0.0679 current US$ per US$ of GDP | -209.7% |
| 2001 | -0.1964 current US$ per US$ of GDP | +189.3% |
| 2002 | -0.045 current US$ per US$ of GDP | -77.1% |
| 2003 | 0.2218 current US$ per US$ of GDP | -592.6% |
| 2004 | 0.1688 current US$ per US$ of GDP | -23.9% |
| 2005 | 0.027 current US$ per US$ of GDP | -84.0% |
| 2006 | 0.1273 current US$ per US$ of GDP | +370.7% |
| 2007 | 0.1536 current US$ per US$ of GDP | +20.7% |
| 2008 | 0.1178 current US$ per US$ of GDP | -23.3% |
| 2009 | 0.1299 current US$ per US$ of GDP | +10.3% |
| 2010 | 0.1379 current US$ per US$ of GDP | +6.2% |
| 2011 | 0.1851 current US$ per US$ of GDP | +34.3% |
| 2012 | 0.1552 current US$ per US$ of GDP | -16.2% |
| 2013 | 0.1543 current US$ per US$ of GDP | -0.6% |
| 2014 | 0.1049 current US$ per US$ of GDP | -32.0% |
| 2015 | 0.1144 current US$ per US$ of GDP | +9.0% |
| 2016 | 0.0971 current US$ per US$ of GDP | -15.1% |
| 2017 | 0.1512 current US$ per US$ of GDP | +55.7% |
| 2018 | 0.1509 current US$ per US$ of GDP | -0.2% |
| 2019 | 0.1312 current US$ per US$ of GDP | -13.1% |
| 2020 | 0.1863 current US$ per US$ of GDP | +42.1% |
| 2021 | 0.1891 current US$ per US$ of GDP | +1.5% |
| 2022 | 0.1176 current US$ per US$ of GDP | -37.8% |
| 2023 | 0.0571 current US$ per US$ of GDP | -51.4% |
| 2024 | 0.0108 current US$ per US$ of GDP | -81.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0108 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 7% of the median. (45 countries reporting)
- Solomon Islands's 0.0108 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.2564 current US$ per US$ of GDP, 4% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +592.6% | -0.045 current US$ per US$ of GDP | 0.2218 current US$ per US$ of GDP |
| 2006 | +370.7% | 0.027 current US$ per US$ of GDP | 0.1273 current US$ per US$ of GDP |
| 1988 | -311.1% | -0.1887 current US$ per US$ of GDP | -0.7755 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.968 current US$ per US$ of GDP | -1.29 current US$ per US$ of GDP | -0.1887 current US$ per US$ of GDP | 10 |
| 1990s | -0.1506 current US$ per US$ of GDP | -0.4494 current US$ per US$ of GDP | 0.0772 current US$ per US$ of GDP | 10 |
| 2000s | 0.0637 current US$ per US$ of GDP | -0.1964 current US$ per US$ of GDP | 0.2218 current US$ per US$ of GDP | 10 |
| 2010s | 0.1382 current US$ per US$ of GDP | 0.0971 current US$ per US$ of GDP | 0.1851 current US$ per US$ of GDP | 10 |
| 2020s | 0.1122 current US$ per US$ of GDP | 0.0108 current US$ per US$ of GDP | 0.1891 current US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 170 Moldova 0.041 current US$ per US$ of GDP compare
- 171 Seychelles 0.0254 current US$ per US$ of GDP compare
- 172 Mozambique 0.0171 current US$ per US$ of GDP compare
- 174 Malawi -0.0199 current US$ per US$ of GDP compare
- 175 Yemen -0.0451 current US$ per US$ of GDP compare
- 176 Lebanon -0.1255 current US$ per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Solomon Islands?
- Gross savings (current us$), per unit of gdp in Solomon Islands was 0.0108 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.2218 current US$ per US$ of GDP in 2003.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was -1.29 current US$ per US$ of GDP in 1982.
- How does Solomon Islands rank for gross savings (current us$), per unit of gdp?
- Solomon Islands ranks 173rd out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 89.7%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.