Share of central government spending funded by taxes in Solomon Islands
Solomon Islands: Share of central government spending funded by taxes was 67.1% in 2022. ▼ Falling
Share of central government spending funded by taxes in Solomon Islands, 2011–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of central government spending funded by taxes in Solomon Islands is 67.1%, measured in 2022.
That represents a change of up 25.8% on the previous year and down 24.7% over ten years.
Over the whole period, share of central government spending funded by taxes in Solomon Islands peaked at 94.3% in 2011 and was at its lowest, 52.1%, in 2020.
Solomon Islands ranks 55th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Share of central government spending funded by taxes in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 94.3% | — |
| 2012 | 89.2% | -5.5% |
| 2013 | 63.7% | -28.6% |
| 2014 | 64.2% | +0.9% |
| 2015 | 62.1% | -3.4% |
| 2016 | 60.2% | -3.0% |
| 2017 | 61.3% | +1.9% |
| 2018 | 73.3% | +19.5% |
| 2019 | 62.4% | -14.8% |
| 2020 | 52.1% | -16.5% |
| 2021 | 53.4% | +2.4% |
| 2022 | 67.1% | +25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 70.1% | 60.2% | 94.3% | 9 |
| 2020s | 57.5% | 52.1% | 67.1% | 3 |
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 share of central government spending funded by taxes in Solomon Islands?
- Share of central government spending funded by taxes in Solomon Islands was 67.1% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Solomon Islands?
- The highest recorded value was 94.3% in 2011.
- What is the lowest share of central government spending funded by taxes recorded in Solomon Islands?
- The lowest recorded value was 52.1% in 2020.
- How does Solomon Islands rank for share of central government spending funded by taxes?
- Solomon Islands ranks 55th out of 174 countries with data for 2022.
- Is share of central government spending funded by taxes rising or falling in Solomon Islands?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.