Real gdp growth in Solomon Islands
Solomon Islands: Real gdp growth was 3 in 2024. ◆ Volatile
Real gdp growth in Solomon Islands, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Solomon Islands is 3, measured in 2024.
The figure is up 5.5% on the previous year and up 152.1% over ten years.
Over the whole period, real gdp growth in Solomon Islands peaked at 12.7 in 1992 and was at its lowest, -14.28, in 2000.
That places Solomon Islands 119th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -2.66 | — |
| 1981 | -1.8 | -32.5% |
| 1982 | -1.67 | -7.1% |
| 1983 | 3.89 | -333.0% |
| 1984 | 0.17 | -95.6% |
| 1985 | -3.13 | -1942.4% |
| 1986 | -0.201 | -93.6% |
| 1987 | 8.42 | -4289.6% |
| 1988 | 1.25 | -85.2% |
| 1989 | 4.26 | +241.1% |
| 1990 | 2.2 | -48.4% |
| 1991 | 6 | +172.7% |
| 1992 | 12.7 | +111.7% |
| 1993 | 4 | -68.5% |
| 1994 | 8.1 | +102.5% |
| 1995 | 10.09 | +24.6% |
| 1996 | 1.61 | -84.0% |
| 1997 | -0.914 | -156.8% |
| 1998 | 1.29 | -241.4% |
| 1999 | -0.486 | -137.6% |
| 2000 | -14.28 | +2837.7% |
| 2001 | -7.96 | -44.3% |
| 2002 | -2.8 | -64.8% |
| 2003 | 6.52 | -333.0% |
| 2004 | 7.68 | +17.8% |
| 2005 | 7.36 | -4.2% |
| 2006 | 4.14 | -43.8% |
| 2007 | 3.64 | -12.0% |
| 2008 | 6.23 | +71.0% |
| 2009 | 2.87 | -54.0% |
| 2010 | 9.71 | +238.8% |
| 2011 | 7.43 | -23.5% |
| 2012 | 2.36 | -68.2% |
| 2013 | 5.35 | +126.5% |
| 2014 | 1.19 | -77.8% |
| 2015 | 1.68 | +41.0% |
| 2016 | 5.55 | +231.4% |
| 2017 | 3.08 | -44.6% |
| 2018 | 2.75 | -10.7% |
| 2019 | 1.75 | -36.3% |
| 2020 | -3.38 | -293.3% |
| 2021 | -0.228 | -93.3% |
| 2022 | -2.58 | +1033.3% |
| 2023 | 2.84 | -209.9% |
| 2024 | 3 | +5.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 3 is below the median for lower middle income countries, which is 4.07, 74% of the median. (47 countries reporting)
- Solomon Islands's 3 is below the median for East Asia & Pacific, which is 4.05, 74% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth 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 |
|---|---|---|---|
| 1987 | +4289.6% | -0.201 | 8.42 |
| 2000 | -2837.7% | -0.486 | -14.28 |
| 1985 | -1942.4% | 0.17 | -3.13 |
| 2022 | -1033.3% | -0.228 | -2.58 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8533 | -3.13 | 8.42 | 10 |
| 1990s | 4.46 | -0.914 | 12.7 | 10 |
| 2000s | 1.34 | -14.28 | 7.68 | 10 |
| 2010s | 4.08 | 1.19 | 9.71 | 10 |
| 2020s | -0.0708 | -3.38 | 3 | 5 |
Countries ranked near Solomon Islands
- 116 Maldives 3.07 compare
- 117 Afghanistan, Islamic Republic of 3 compare
- 118 Marshall Islands, Republic of the 3 compare
- 120 Eswatini, Kingdom of 2.97 compare
- 121 Israel 2.93 compare
- 122 Bahrain, Kingdom of 2.9 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 real gdp growth in Solomon Islands?
- Real gdp growth in Solomon Islands was 3 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Solomon Islands?
- The highest recorded value was 12.7 in 1992.
- What is the lowest real gdp growth recorded in Solomon Islands?
- The lowest recorded value was -14.28 in 2000.
- How does Solomon Islands rank for real gdp growth?
- Solomon Islands ranks 119th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Solomon Islands?
- Over the last ten years it is up 152.1%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
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