Taxes less subsidies on products (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Taxes less subsidies on products (current LCU), annual growth rate was -0.289 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Solomon Islands, 1972–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Solomon Islands is -0.289 % change on previous year, measured in 2024.
That represents a change of down 102.9% on the previous year and up 92.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Solomon Islands peaked at 207.38 % change on previous year in 2002 and was at its lowest, -139.81 % change on previous year, in 2001.
That places Solomon Islands 173rd out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | -7.14 % change on previous year | — |
| 1973 | 15.38 % change on previous year | -315.4% |
| 1974 | 73.33 % change on previous year | +376.7% |
| 1975 | -19.23 % change on previous year | -126.2% |
| 1976 | 19.05 % change on previous year | -199.0% |
| 1977 | 36 % change on previous year | +89.0% |
| 1978 | 14.71 % change on previous year | -59.2% |
| 1979 | 69.23 % change on previous year | +370.8% |
| 1980 | 3.03 % change on previous year | -95.6% |
| 1981 | 32.35 % change on previous year | +967.6% |
| 1982 | 25.56 % change on previous year | -21.0% |
| 1983 | 0 % change on previous year | -100.0% |
| 1984 | 30.97 % change on previous year | — |
| 1985 | 13.51 % change on previous year | -56.4% |
| 1986 | 17.26 % change on previous year | +27.7% |
| 1987 | 17.77 % change on previous year | +2.9% |
| 1988 | 48.71 % change on previous year | +174.2% |
| 1989 | 8.99 % change on previous year | -81.6% |
| 1990 | 11.97 % change on previous year | +33.2% |
| 1991 | 12.59 % change on previous year | +5.2% |
| 1992 | 47.68 % change on previous year | +278.7% |
| 1993 | 52.29 % change on previous year | +9.7% |
| 1994 | -15.1 % change on previous year | -128.9% |
| 1995 | 3.87 % change on previous year | -125.6% |
| 1996 | 6.6 % change on previous year | +70.5% |
| 1997 | 6.29 % change on previous year | -4.7% |
| 1998 | 5.92 % change on previous year | -5.9% |
| 1999 | 10.73 % change on previous year | +81.3% |
| 2000 | -24.42 % change on previous year | -327.6% |
| 2001 | -139.81 % change on previous year | +472.5% |
| 2002 | 207.38 % change on previous year | -248.3% |
| 2003 | 76.73 % change on previous year | -63.0% |
| 2004 | 15.59 % change on previous year | -79.7% |
| 2005 | 2.51 % change on previous year | -83.9% |
| 2006 | 3.78 % change on previous year | +50.3% |
| 2007 | 24 % change on previous year | +535.4% |
| 2008 | 12.03 % change on previous year | -49.9% |
| 2009 | 5.03 % change on previous year | -58.2% |
| 2010 | 0.8308 % change on previous year | -83.5% |
| 2011 | 44.89 % change on previous year | +5302.4% |
| 2012 | 18.9 % change on previous year | -57.9% |
| 2013 | 2.99 % change on previous year | -84.2% |
| 2014 | -3.7 % change on previous year | -223.5% |
| 2015 | 3.14 % change on previous year | -185.0% |
| 2016 | 5.16 % change on previous year | +64.2% |
| 2017 | 0.4053 % change on previous year | -92.1% |
| 2018 | 26.3 % change on previous year | +6390.1% |
| 2019 | -2.36 % change on previous year | -109.0% |
| 2020 | -13.49 % change on previous year | +471.9% |
| 2021 | -4.32 % change on previous year | -68.0% |
| 2022 | -0.9336 % change on previous year | -78.4% |
| 2023 | 10.04 % change on previous year | -1175.5% |
| 2024 | -0.289 % change on previous year | -102.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.17 % change on previous year | -19.23 % change on previous year | 73.33 % change on previous year | 8 |
| 1980s | 19.81 % change on previous year | 0 % change on previous year | 48.71 % change on previous year | 10 |
| 1990s | 14.28 % change on previous year | -15.1 % change on previous year | 52.29 % change on previous year | 10 |
| 2000s | 18.28 % change on previous year | -139.81 % change on previous year | 207.38 % change on previous year | 10 |
| 2010s | 9.66 % change on previous year | -3.7 % change on previous year | 44.89 % change on previous year | 10 |
| 2020s | -1.8 % change on previous year | -13.49 % change on previous year | 10.04 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 170 Fiji 0.8544 % change on previous year compare
- 171 Bahamas 0.159 % change on previous year compare
- 172 Azerbaijan -0.0508 % change on previous year compare
- 174 Cameroon -0.4354 % change on previous year compare
- 175 Macau, China -0.44 % change on previous year compare
- 176 Costa Rica -0.72 % change on previous year 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)
- 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 taxes less subsidies on products (current lcu), annual growth rate in Solomon Islands?
- Taxes less subsidies on products (current lcu), annual growth rate in Solomon Islands was -0.289 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 207.38 % change on previous year in 2002.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -139.81 % change on previous year in 2001.
- How does Solomon Islands rank for taxes less subsidies on products (current lcu), annual growth rate?
- Solomon Islands ranks 173rd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 92.2%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.