Taxes less subsidies on products (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Taxes less subsidies on products (current LCU), per unit of GDP was 0.1682 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Solomon Islands, 1971–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Solomon Islands is 0.1682 current LCU per US$ of GDP, measured in 2024.
That represents a change of down 5.2% on the previous year and up 1.9% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Solomon Islands peaked at 0.3545 current LCU per US$ of GDP in 1993 and was at its lowest, -0.0918 current LCU per US$ of GDP, in 2001.
Solomon Islands ranks 138th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.028 current LCU per US$ of GDP | — |
| 1972 | 0.032 current LCU per US$ of GDP | +14.5% |
| 1973 | 0.0271 current LCU per US$ of GDP | -15.2% |
| 1974 | 0.0308 current LCU per US$ of GDP | +13.3% |
| 1975 | 0.0281 current LCU per US$ of GDP | -8.5% |
| 1976 | 0.0301 current LCU per US$ of GDP | +6.9% |
| 1977 | 0.0365 current LCU per US$ of GDP | +21.3% |
| 1978 | 0.0351 current LCU per US$ of GDP | -3.8% |
| 1979 | 0.0436 current LCU per US$ of GDP | +24.2% |
| 1980 | 0.0372 current LCU per US$ of GDP | -14.8% |
| 1981 | 0.0465 current LCU per US$ of GDP | +24.9% |
| 1982 | 0.0586 current LCU per US$ of GDP | +26.1% |
| 1983 | 0.0624 current LCU per US$ of GDP | +6.4% |
| 1984 | 0.0815 current LCU per US$ of GDP | +30.7% |
| 1985 | 0.1015 current LCU per US$ of GDP | +24.5% |
| 1986 | 0.1335 current LCU per US$ of GDP | +31.5% |
| 1987 | 0.1496 current LCU per US$ of GDP | +12.1% |
| 1988 | 0.1955 current LCU per US$ of GDP | +30.7% |
| 1989 | 0.2175 current LCU per US$ of GDP | +11.3% |
| 1990 | 0.1959 current LCU per US$ of GDP | -9.9% |
| 1991 | 0.2083 current LCU per US$ of GDP | +6.3% |
| 1992 | 0.2602 current LCU per US$ of GDP | +24.9% |
| 1993 | 0.3545 current LCU per US$ of GDP | +36.2% |
| 1994 | 0.2247 current LCU per US$ of GDP | -36.6% |
| 1995 | 0.2002 current LCU per US$ of GDP | -10.9% |
| 1996 | 0.1962 current LCU per US$ of GDP | -2.0% |
| 1997 | 0.2023 current LCU per US$ of GDP | +3.1% |
| 1998 | 0.2465 current LCU per US$ of GDP | +21.9% |
| 1999 | 0.2559 current LCU per US$ of GDP | +3.8% |
| 2000 | 0.2248 current LCU per US$ of GDP | -12.1% |
| 2001 | -0.0918 current LCU per US$ of GDP | -140.8% |
| 2002 | 0.1165 current LCU per US$ of GDP | -226.9% |
| 2003 | 0.1707 current LCU per US$ of GDP | +46.6% |
| 2004 | 0.1761 current LCU per US$ of GDP | +3.2% |
| 2005 | 0.1528 current LCU per US$ of GDP | -13.2% |
| 2006 | 0.1421 current LCU per US$ of GDP | -7.0% |
| 2007 | 0.1564 current LCU per US$ of GDP | +10.1% |
| 2008 | 0.1569 current LCU per US$ of GDP | +0.3% |
| 2009 | 0.1588 current LCU per US$ of GDP | +1.2% |
| 2010 | 0.1436 current LCU per US$ of GDP | -9.6% |
| 2011 | 0.1757 current LCU per US$ of GDP | +22.3% |
| 2012 | 0.1875 current LCU per US$ of GDP | +6.7% |
| 2013 | 0.178 current LCU per US$ of GDP | -5.1% |
| 2014 | 0.165 current LCU per US$ of GDP | -7.3% |
| 2015 | 0.1738 current LCU per US$ of GDP | +5.3% |
| 2016 | 0.1733 current LCU per US$ of GDP | -0.3% |
| 2017 | 0.1633 current LCU per US$ of GDP | -5.8% |
| 2018 | 0.1877 current LCU per US$ of GDP | +14.9% |
| 2019 | 0.1828 current LCU per US$ of GDP | -2.6% |
| 2020 | 0.1667 current LCU per US$ of GDP | -8.8% |
| 2021 | 0.1573 current LCU per US$ of GDP | -5.7% |
| 2022 | 0.1655 current LCU per US$ of GDP | +5.3% |
| 2023 | 0.1774 current LCU per US$ of GDP | +7.2% |
| 2024 | 0.1682 current LCU per US$ of GDP | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0324 current LCU per US$ of GDP | 0.0271 current LCU per US$ of GDP | 0.0436 current LCU per US$ of GDP | 9 |
| 1980s | 0.1084 current LCU per US$ of GDP | 0.0372 current LCU per US$ of GDP | 0.2175 current LCU per US$ of GDP | 10 |
| 1990s | 0.2345 current LCU per US$ of GDP | 0.1959 current LCU per US$ of GDP | 0.3545 current LCU per US$ of GDP | 10 |
| 2000s | 0.1363 current LCU per US$ of GDP | -0.0918 current LCU per US$ of GDP | 0.2248 current LCU per US$ of GDP | 10 |
| 2010s | 0.1731 current LCU per US$ of GDP | 0.1436 current LCU per US$ of GDP | 0.1877 current LCU per US$ of GDP | 10 |
| 2020s | 0.167 current LCU per US$ of GDP | 0.1573 current LCU per US$ of GDP | 0.1774 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 135 Palestine, State of 0.1802 current LCU per US$ of GDP compare
- 136 Turks and Caicos Islands 0.1768 current LCU per US$ of GDP compare
- 137 Papua New Guinea 0.1727 current LCU per US$ of GDP compare
- 139 Azerbaijan 0.1633 current LCU per US$ of GDP compare
- 140 Croatia 0.153 current LCU per US$ of GDP compare
- 141 Turkmenistan 0.1519 current LCU per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Solomon Islands?
- Taxes less subsidies on products (current lcu), per unit of gdp in Solomon Islands was 0.1682 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.3545 current LCU per US$ of GDP in 1993.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was -0.0918 current LCU per US$ of GDP in 2001.
- How does Solomon Islands rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Solomon Islands ranks 138th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 1.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.