Revenue from corporate income taxes as a share of GDP in Solomon Islands
Solomon Islands: Revenue from corporate income taxes as a share of GDP was 4.9% in 2017. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Solomon Islands, 1993–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2017, revenue from corporate income taxes as a share of gdp in Solomon Islands stood at 4.9%.
Compared with earlier readings it is down 6.5% on the previous year and up 57.2% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Solomon Islands peaked at 6.1% in 2013 and was at its lowest, 1.5%, in 2001.
Solomon Islands ranks 21st of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Revenue from corporate income taxes as a share of GDP in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 1.7% | — |
| 1994 | 2.2% | +25.2% |
| 1995 | 2.9% | +33.1% |
| 1997 | 2.3% | -21.1% |
| 1998 | 3.6% | +58.9% |
| 1999 | 3.6% | -1.0% |
| 2000 | 2.2% | -39.0% |
| 2001 | 1.5% | -29.3% |
| 2002 | 1.6% | +5.8% |
| 2003 | 1.9% | +18.6% |
| 2004 | 3.2% | +66.7% |
| 2005 | 2.8% | -13.6% |
| 2006 | 3.1% | +12.1% |
| 2011 | 4.9% | +56.4% |
| 2012 | 5.0% | +1.4% |
| 2013 | 6.1% | +22.2% |
| 2014 | 5.0% | -17.6% |
| 2015 | 5.7% | +14.5% |
| 2016 | 5.3% | -8.0% |
| 2017 | 4.9% | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.7% | 1.7% | 3.6% | 6 |
| 2000s | 2.3% | 1.5% | 3.2% | 7 |
| 2010s | 5.3% | 4.9% | 6.1% | 7 |
Countries ranked near Solomon Islands
- 18 South Africa 5.3% compare
- 19 Luxembourg 5.2% compare
- 20 Namibia 4.9% compare
- 22 Morocco 4.8% compare
- 23 New Zealand 4.8% compare
- 24 Australia 4.7% 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 revenue from corporate income taxes as a share of gdp in Solomon Islands?
- Revenue from corporate income taxes as a share of gdp in Solomon Islands was 4.9% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Solomon Islands?
- The highest recorded value was 6.1% in 2013.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Solomon Islands?
- The lowest recorded value was 1.5% in 2001.
- How does Solomon Islands rank for revenue from corporate income taxes as a share of gdp?
- Solomon Islands ranks 21st out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 57.2%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.