Gross domestic product (GDP) in Solomon Islands
Solomon Islands: Gross domestic product (GDP) was 703.87 million current GBP in 2014. ◆ Volatile
Latest (2014)
703.87 million current GBP
Change on year
up 3.8%
World rank
185th
of 200 countries
All-time high
703.87 million current GBP
in 2014
All-time low
9.13 million current GBP
in 1967
Years of data
47
1967–2014
Gross domestic product (GDP) in Solomon Islands, 1967–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Solomon Islands stood at 703.87 million current GBP. That is the highest value across all 47 years on record.
The figure is up 3.8% on the previous year and up 243.6% over ten years.
Over the whole period, gross domestic product (gdp) in Solomon Islands peaked at 703.87 million current GBP in 2014 and was at its lowest, 9.13 million current GBP, in 1967.
That places Solomon Islands 185th out of 200 countries with data for 2014, 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 (GDP) in Solomon Islands, year by year
| Year | current GBP | Change |
|---|---|---|
| 1967 | 9.13 million current GBP | — |
| 1968 | 11.70 million current GBP | +28.2% |
| 1969 | 11.92 million current GBP | +1.9% |
| 1971 | 20.57 million current GBP | +72.6% |
| 1972 | 16.26 million current GBP | -21.0% |
| 1973 | 22.56 million current GBP | +38.8% |
| 1974 | 36.16 million current GBP | +60.3% |
| 1975 | 33.73 million current GBP | -6.7% |
| 1976 | 46.25 million current GBP | +37.1% |
| 1977 | 53.40 million current GBP | +15.5% |
| 1978 | 57.90 million current GBP | +8.4% |
| 1979 | 71.43 million current GBP | +23.4% |
| 1980 | 72.60 million current GBP | +1.6% |
| 1981 | 93.21 million current GBP | +28.4% |
| 1982 | 107.88 million current GBP | +15.7% |
| 1983 | 118.89 million current GBP | +10.2% |
| 1984 | 190.06 million current GBP | +59.9% |
| 1985 | 181.02 million current GBP | -4.8% |
| 1986 | 143.76 million current GBP | -20.6% |
| 1987 | 146.01 million current GBP | +1.6% |
| 1988 | 174.66 million current GBP | +19.6% |
| 1989 | 203.09 million current GBP | +16.3% |
| 1990 | 170.37 million current GBP | -16.1% |
| 1991 | 181.65 million current GBP | +6.6% |
| 1992 | 215.82 million current GBP | +18.8% |
| 1993 | 273.99 million current GBP | +27.0% |
| 1994 | 303.69 million current GBP | +10.8% |
| 1995 | 329.08 million current GBP | +8.4% |
| 1996 | 362.25 million current GBP | +10.1% |
| 1997 | 346.91 million current GBP | -4.2% |
| 1998 | 284.51 million current GBP | -18.0% |
| 1999 | 298.04 million current GBP | +4.8% |
| 2000 | 287.57 million current GBP | -3.5% |
| 2001 | 278.19 million current GBP | -3.3% |
| 2002 | 227.97 million current GBP | -18.1% |
| 2003 | 203.79 million current GBP | -10.6% |
| 2004 | 204.88 million current GBP | +0.5% |
| 2005 | 227.65 million current GBP | +11.1% |
| 2006 | 248.22 million current GBP | +9.0% |
| 2007 | 257.92 million current GBP | +3.9% |
| 2008 | 330.89 million current GBP | +28.3% |
| 2009 | 383.71 million current GBP | +16.0% |
| 2010 | 434.64 million current GBP | +13.3% |
| 2011 | 553.30 million current GBP | +27.3% |
| 2012 | 648.95 million current GBP | +17.3% |
| 2013 | 677.85 million current GBP | +4.5% |
| 2014 | 703.87 million current GBP | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.92 million current GBP | 9.13 million current GBP | 11.92 million current GBP | 3 |
| 1970s | 39.81 million current GBP | 16.26 million current GBP | 71.43 million current GBP | 9 |
| 1980s | 143.12 million current GBP | 72.60 million current GBP | 203.09 million current GBP | 10 |
| 1990s | 276.63 million current GBP | 170.37 million current GBP | 362.25 million current GBP | 10 |
| 2000s | 265.08 million current GBP | 203.79 million current GBP | 383.71 million current GBP | 10 |
| 2010s | 603.72 million current GBP | 434.64 million current GBP | 703.87 million current GBP | 5 |
Countries ranked near Solomon Islands
- 182 Saint Lucia 853.51 million current GBP compare
- 183 Timor-Leste 833.30 million current GBP compare
- 184 Antigua and Barbuda 742.02 million current GBP compare
- 186 Guinea-Bissau 673.98 million current GBP compare
- 187 Grenada 554.13 million current GBP compare
- 188 Saint Kitts and Nevis 525.54 million current GBP 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)
- Services, value added (current US$), annual growth rate 2.88 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4692 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 907.24 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 3.85 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 3.97 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 7,671 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 1.86 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4855 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Solomon Islands?
- Gross domestic product (gdp) in Solomon Islands was 703.87 million current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Solomon Islands?
- The highest recorded value was 703.87 million current GBP in 2014.
- What is the lowest gross domestic product (gdp) recorded in Solomon Islands?
- The lowest recorded value was 9.13 million current GBP in 1967.
- How does Solomon Islands rank for gross domestic product (gdp)?
- Solomon Islands ranks 185th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Solomon Islands?
- Over the last ten years it is up 243.6%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.