How does Solomon Islands rank for taxes less subsidies on products (current us$), per unit of gdp?

Solomon Islands ranks 182nd out of 197 countries with data for 2024.

Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Solomon Islands?

Over the last ten years it is down 11.1%. The long-run trend across the full record is volatile.

Taxes less subsidies on products (current US$), per unit of GDP (unit) in Solomon Islands

Name: Taxes less subsidies on products (current US$), per unit of GDP (unit) in Solomon Islands
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Solomon Islands: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0199 current US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.0199 current US$ per US$ of GDP

Change on year

down 6.1%

World rank

182nd

of 197 countries

All-time high

0.1112 current US$ per US$ of GDP

in 1993

All-time low

-0.0174 current US$ per US$ of GDP

in 2001

Years of data

1971–2024

Taxes less subsidies on products (current US$), per unit of GDP in Solomon Islands, 1971–2024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, taxes less subsidies on products (current us$), per unit of gdp in Solomon Islands stood at 0.0199 current US$ per US$ of GDP.

The figure is down 6.1% on the previous year and down 11.1% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Solomon Islands peaked at 0.1112 current US$ per US$ of GDP in 1993 and was at its lowest, -0.0174 current US$ per US$ of GDP, in 2001.

Solomon Islands ranks 182nd of 197 countries on this measure, 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 US$), per unit of GDP (unit) in Solomon Islands, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Solomon Islands, 1971 to 2024.
Year	current US$ per US$ of GDP	Change
1971	0.0318 current US$ per US$ of GDP	—
1972	0.0382 current US$ per US$ of GDP	+20.2%
1973	0.0385 current US$ per US$ of GDP	+0.6%
1974	0.0441 current US$ per US$ of GDP	+14.6%
1975	0.0368 current US$ per US$ of GDP	-16.4%
1976	0.0368 current US$ per US$ of GDP	-0.2%
1977	0.0405 current US$ per US$ of GDP	+10.1%
1978	0.0402 current US$ per US$ of GDP	-0.7%
1979	0.0504 current US$ per US$ of GDP	+25.3%
1980	0.0448 current US$ per US$ of GDP	-11.0%
1981	0.0534 current US$ per US$ of GDP	+19.1%
1982	0.0603 current US$ per US$ of GDP	+13.0%
1983	0.0543 current US$ per US$ of GDP	-10.0%
1984	0.064 current US$ per US$ of GDP	+17.9%
1985	0.0685 current US$ per US$ of GDP	+7.1%
1986	0.0766 current US$ per US$ of GDP	+11.8%
1987	0.0747 current US$ per US$ of GDP	-2.6%
1988	0.0939 current US$ per US$ of GDP	+25.7%
1989	0.0948 current US$ per US$ of GDP	+1.0%
1990	0.0775 current US$ per US$ of GDP	-18.3%
1991	0.0767 current US$ per US$ of GDP	-1.0%
1992	0.0889 current US$ per US$ of GDP	+15.8%
1993	0.1112 current US$ per US$ of GDP	+25.1%
1994	0.0683 current US$ per US$ of GDP	-38.6%
1995	0.0588 current US$ per US$ of GDP	-13.9%
1996	0.055 current US$ per US$ of GDP	-6.4%
1997	0.0544 current US$ per US$ of GDP	-1.1%
1998	0.0512 current US$ per US$ of GDP	-5.9%
1999	0.0529 current US$ per US$ of GDP	+3.3%
2000	0.0442 current US$ per US$ of GDP	-16.5%
2001	-0.0174 current US$ per US$ of GDP	-139.3%
2002	0.0173 current US$ per US$ of GDP	-199.3%
2003	0.0227 current US$ per US$ of GDP	+31.8%
2004	0.0235 current US$ per US$ of GDP	+3.4%
2005	0.0203 current US$ per US$ of GDP	-13.7%
2006	0.0187 current US$ per US$ of GDP	-8.0%
2007	0.0204 current US$ per US$ of GDP	+9.5%
2008	0.0203 current US$ per US$ of GDP	-0.9%
2009	0.0197 current US$ per US$ of GDP	-2.6%
2010	0.0178 current US$ per US$ of GDP	-9.7%
2011	0.023 current US$ per US$ of GDP	+29.1%
2012	0.0255 current US$ per US$ of GDP	+10.9%
2013	0.0244 current US$ per US$ of GDP	-4.4%
2014	0.0224 current US$ per US$ of GDP	-8.2%
2015	0.022 current US$ per US$ of GDP	-1.9%
2016	0.0218 current US$ per US$ of GDP	-0.7%
2017	0.0207 current US$ per US$ of GDP	-5.0%
2018	0.0236 current US$ per US$ of GDP	+14.0%
2019	0.0224 current US$ per US$ of GDP	-5.2%
2020	0.0203 current US$ per US$ of GDP	-9.3%
2021	0.0196 current US$ per US$ of GDP	-3.5%
2022	0.0203 current US$ per US$ of GDP	+3.6%
2023	0.0212 current US$ per US$ of GDP	+4.3%
2024	0.0199 current US$ per US$ of GDP	-6.1%

Solomon Islands compared with similar countries

Solomon Islands's 0.0199 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.069 current US$ per US$ of GDP, 29% of the median. (46 countries reporting)
Solomon Islands's 0.0199 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP, 30% of the median. (28 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

Year	Change	From	To
2002	+199.3%	-0.0174 current US$ per US$ of GDP	0.0173 current US$ per US$ of GDP
2001	-139.3%	0.0442 current US$ per US$ of GDP	-0.0174 current US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0397 current US$ per US$ of GDP	0.0318 current US$ per US$ of GDP	0.0504 current US$ per US$ of GDP	9
1980s	0.0685 current US$ per US$ of GDP	0.0448 current US$ per US$ of GDP	0.0948 current US$ per US$ of GDP	10
1990s	0.0695 current US$ per US$ of GDP	0.0512 current US$ per US$ of GDP	0.1112 current US$ per US$ of GDP	10
2000s	0.019 current US$ per US$ of GDP	-0.0174 current US$ per US$ of GDP	0.0442 current US$ per US$ of GDP	10
2010s	0.0223 current US$ per US$ of GDP	0.0178 current US$ per US$ of GDP	0.0255 current US$ per US$ of GDP	10
2020s	0.0203 current US$ per US$ of GDP	0.0196 current US$ per US$ of GDP	0.0212 current US$ per US$ of GDP	5

Countries ranked near Solomon Islands

179 Panama 0.0246 current US$ per US$ of GDP compare
180 Bangladesh 0.0241 current US$ per US$ of GDP compare
181 Nigeria 0.0235 current US$ per US$ of GDP compare
183 Malaysia 0.0129 current US$ per US$ of GDP compare
184 Equatorial Guinea 0.0092 current US$ per US$ of GDP compare
185 Angola 0.0086 current US$ per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Solomon Islands

Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
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)
SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 7.33 units per person (2025)
SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 5.36 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)

All data for Solomon Islands →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in Solomon Islands?: Taxes less subsidies on products (current us$), per unit of gdp in Solomon Islands was 0.0199 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Solomon Islands?: The highest recorded value was 0.1112 current US$ per US$ of GDP in 1993.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Solomon Islands?: The lowest recorded value was -0.0174 current US$ per US$ of GDP in 2001.
How does Solomon Islands rank for taxes less subsidies on products (current us$), per unit of gdp?: Solomon Islands ranks 182nd out of 197 countries with data for 2024.
Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Solomon Islands?: Over the last ten years it is down 11.1%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per unit of GDP in Solomon Islands. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/solomon-islands/

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How this figure is calculated

Taxes less subsidies on products (current US$) divided by GDP (current US$), 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 US$) ÷ GDP (current US$)

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

Indicator: Taxes less subsidies on products (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.