Revenue Statistics in Asia and the Pacific - Comparative tax and in Solomon Islands
Solomon Islands: Revenue Statistics in Asia and the Pacific - Comparative tax and was 23.97 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Asia and the Pacific - Comparative tax and in Solomon Islands, 2007–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in asia and the pacific - comparative tax and in Solomon Islands is 23.97 Percentage of GDP, measured in 2024.
Compared with earlier readings it is up 3.7% on the previous year and down 5.8% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Solomon Islands peaked at 26.38 Percentage of GDP in 2013 and was at its lowest, 17.34 Percentage of GDP, in 2007.
Solomon Islands ranks 11th of 35 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Solomon Islands, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 17.34 Percentage of GDP | — |
| 2008 | 19.81 Percentage of GDP | +14.3% |
| 2009 | 20.04 Percentage of GDP | +1.1% |
| 2010 | 22 Percentage of GDP | +9.8% |
| 2011 | 25.05 Percentage of GDP | +13.9% |
| 2012 | 26.1 Percentage of GDP | +4.2% |
| 2013 | 26.38 Percentage of GDP | +1.1% |
| 2014 | 25.45 Percentage of GDP | -3.5% |
| 2015 | 25.78 Percentage of GDP | +1.3% |
| 2016 | 24.01 Percentage of GDP | -6.9% |
| 2017 | 25.3 Percentage of GDP | +5.4% |
| 2018 | 25.86 Percentage of GDP | +2.2% |
| 2019 | 22.26 Percentage of GDP | -13.9% |
| 2020 | 21.4 Percentage of GDP | -3.9% |
| 2021 | 21.11 Percentage of GDP | -1.3% |
| 2022 | 22.08 Percentage of GDP | +4.6% |
| 2023 | 23.12 Percentage of GDP | +4.7% |
| 2024 | 23.97 Percentage of GDP | +3.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 23.97 Percentage of GDP is above the median for lower middle income countries, which is 14.35 Percentage of GDP, 1.7× the median. (10 countries reporting)
- Solomon Islands's 23.97 Percentage of GDP is above the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 1.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.06 Percentage of GDP | 17.34 Percentage of GDP | 20.04 Percentage of GDP | 3 |
| 2010s | 24.82 Percentage of GDP | 22 Percentage of GDP | 26.38 Percentage of GDP | 10 |
| 2020s | 22.33 Percentage of GDP | 21.11 Percentage of GDP | 23.97 Percentage of GDP | 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)
- 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 statistics in asia and the pacific - comparative tax and in Solomon Islands?
- Revenue statistics in asia and the pacific - comparative tax and in Solomon Islands was 23.97 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Solomon Islands?
- The highest recorded value was 26.38 Percentage of GDP in 2013.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Solomon Islands?
- The lowest recorded value was 17.34 Percentage of GDP in 2007.
- How does Solomon Islands rank for revenue statistics in asia and the pacific - comparative tax and?
- Solomon Islands ranks 11th out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Solomon Islands?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.