Revenue, excluding grants in Solomon Islands
Solomon Islands: Revenue, excluding grants was 25.4% in 2024. ▼ Falling
Revenue, excluding grants in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in Solomon Islands is 25.4%, measured in 2024.
Compared with earlier readings it is up 1.2% on the previous year and down 13.0% over ten years.
Over the whole period, revenue, excluding grants in Solomon Islands peaked at 30.9% in 2015 and was at its lowest, 24.2%, in 2021.
That places Solomon Islands 78th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Revenue, excluding grants in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 27.5% | — |
| 2012 | 29.0% | +5.7% |
| 2013 | 30.0% | +3.4% |
| 2014 | 29.2% | -2.6% |
| 2015 | 30.9% | +5.7% |
| 2016 | 27.6% | -10.8% |
| 2017 | 29.0% | +5.1% |
| 2018 | 29.2% | +0.7% |
| 2019 | 25.8% | -11.5% |
| 2020 | 24.6% | -4.8% |
| 2021 | 24.2% | -1.4% |
| 2022 | 24.6% | +1.6% |
| 2023 | 25.1% | +2.0% |
| 2024 | 25.4% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.7% | 25.8% | 30.9% | 9 |
| 2020s | 24.8% | 24.2% | 25.4% | 5 |
Countries ranked near Solomon Islands
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)
- Households and NPISHs Final consumption expenditure (current LCU) 12.87 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 6.93 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 13,392 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 8.19 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7463 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,443 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 8.41 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is revenue, excluding grants in Solomon Islands?
- Revenue, excluding grants in Solomon Islands was 25.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Solomon Islands?
- The highest recorded value was 30.9% in 2015.
- What is the lowest revenue, excluding grants recorded in Solomon Islands?
- The lowest recorded value was 24.2% in 2021.
- How does Solomon Islands rank for revenue, excluding grants?
- Solomon Islands ranks 78th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Solomon Islands?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.