Tax revenue as a proportion of GDP in Solomon Islands
Solomon Islands: Tax revenue as a proportion of GDP was 22.1% in 2022. ▼ Falling
Latest (2022)
22.1%
Change on year
up 5.3%
World rank
36th
of 164 countries
All-time high
26.6%
in 2013
All-time low
21.0%
in 2021
Years of data
12
2011–2022
Tax revenue as a proportion of GDP in Solomon Islands, 2011–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Solomon Islands recorded 22.1% for tax revenue as a proportion of gdp in 2022.
Compared with earlier readings it is up 5.3% on the previous year and down 15.7% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Solomon Islands peaked at 26.6% in 2013 and was at its lowest, 21.0%, in 2021.
Solomon Islands ranks 36th of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Tax revenue as a proportion of GDP in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 25.2% | — |
| 2012 | 26.2% | +4.0% |
| 2013 | 26.6% | +1.6% |
| 2014 | 25.6% | -3.8% |
| 2015 | 25.7% | +0.6% |
| 2016 | 23.8% | -7.4% |
| 2017 | 24.8% | +3.9% |
| 2018 | 25.5% | +3.1% |
| 2019 | 22.2% | -12.9% |
| 2020 | 21.1% | -5.3% |
| 2021 | 21.0% | -0.4% |
| 2022 | 22.1% | +5.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 22.1% is above the median for lower middle income countries, which is 13.9%, 1.6× the median. (34 countries reporting)
- Solomon Islands's 22.1% is above the median for East Asia & Pacific, which is 17.0%, 1.3× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.1% | 22.2% | 26.6% | 9 |
| 2020s | 21.4% | 21.0% | 22.1% | 3 |
Countries ranked near Solomon Islands
- 33 Armenia 22.4% compare
- 34 Israel 22.1% compare
- 35 Seychelles 22.1%
- 37 Mozambique 21.9% compare
- 38 Timor-Leste 21.6% compare
- 38 Timor-Leste 21.6% 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 tax revenue as a proportion of gdp in Solomon Islands?
- Tax revenue as a proportion of gdp in Solomon Islands was 22.1% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Solomon Islands?
- The highest recorded value was 26.6% in 2013.
- What is the lowest tax revenue as a proportion of gdp recorded in Solomon Islands?
- The lowest recorded value was 21.0% in 2021.
- How does Solomon Islands rank for tax revenue as a proportion of gdp?
- Solomon Islands ranks 36th out of 164 countries with data for 2022.
- Is tax revenue as a proportion of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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