Taxes less subsidies on products (current US$), per unit of GDP in Solomon Islands
Solomon Islands: Taxes less subsidies on products (current US$), per unit of GDP was 0.0199 current US$ per US$ of GDP in 2024. ◆ Volatile
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$), per unit of GDP in Solomon Islands, year by year
| Year | current US$ 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% |
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
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)
- Total reserves minus gold (current US$), annual growth rate 0.0912 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.4297 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 830.8 current US$ per person (2024)
- General government final consumption expenditure (current US$) -1.03 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2619 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 506.36 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -0.0889 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 2.21 current LCU per US$ of GDP (2024)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) 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$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.