Taxes on incomes of individuals and corporations as share of GDP in Solomon Islands
Solomon Islands: Taxes on incomes of individuals and corporations as share of GDP was 7.7% in 2023. ▲ Rising
Taxes on incomes of individuals and corporations as share of GDP in Solomon Islands, 1982–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for taxes on incomes of individuals and corporations as share of gdp in Solomon Islands is 7.7%, measured in 2023.
Compared with earlier readings it is down 20.4% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Solomon Islands peaked at 9.7% in 2013 and was at its lowest, 3.1%, in 2002.
That places Solomon Islands 64th out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 1982 | 5.8% | — |
| 1983 | 5.1% | -11.8% |
| 1984 | 6.2% | +21.5% |
| 1993 | 4.6% | -25.9% |
| 1994 | 4.4% | -3.0% |
| 1995 | 5.1% | +14.0% |
| 2002 | 3.1% | -38.3% |
| 2003 | 3.6% | +16.0% |
| 2004 | 5.0% | +37.3% |
| 2005 | 5.1% | +2.7% |
| 2006 | 5.4% | +5.4% |
| 2007 | 6.3% | +15.9% |
| 2008 | 8.2% | +30.4% |
| 2009 | 9.1% | +11.6% |
| 2010 | 9.3% | +2.6% |
| 2011 | 8.5% | -8.8% |
| 2012 | 8.9% | +4.0% |
| 2013 | 9.7% | +9.2% |
| 2014 | 8.5% | -12.5% |
| 2015 | 9.2% | +8.9% |
| 2016 | 8.3% | -9.7% |
| 2017 | 8.5% | +2.1% |
| 2018 | 8.1% | -5.1% |
| 2019 | 7.6% | -5.9% |
| 2020 | 7.3% | -4.3% |
| 2021 | 8.1% | +11.7% |
| 2022 | 7.7% | -5.3% |
| 2023 | 7.7% | +0.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 7.7% is above the median for lower middle income countries, which is 5.4%, 1.4× the median. (45 countries reporting)
- Solomon Islands's 7.7% is above the median for East Asia & Pacific, which is 6.9%, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7% | 5.1% | 6.2% | 3 |
| 1990s | 4.7% | 4.4% | 5.1% | 3 |
| 2000s | 5.7% | 3.1% | 9.1% | 8 |
| 2010s | 8.7% | 7.6% | 9.7% | 10 |
| 2020s | 7.7% | 7.3% | 8.1% | 4 |
Countries ranked near Solomon Islands
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 on incomes of individuals and corporations as share of gdp in Solomon Islands?
- Taxes on incomes of individuals and corporations as share of gdp in Solomon Islands was 7.7% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Solomon Islands?
- The highest recorded value was 9.7% in 2013.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Solomon Islands?
- The lowest recorded value was 3.1% in 2002.
- How does Solomon Islands rank for taxes on incomes of individuals and corporations as share of gdp?
- Solomon Islands ranks 64th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.