Least developed countries vs Solomon Islands: Tax revenue
Tax revenue over time
- Least developed countries
- Solomon Islands
How they compare
Solomon Islands currently reports 23.3% against 10.6% in Least developed countries, a difference of 12.7%.
That makes Solomon Islands's figure about 2.2 times Least developed countries's.
Across all 11 years both countries report, Solomon Islands has been ahead every year.
Least developed countries ranks 26th and Solomon Islands ranks 27th of 35 groups.
Solomon Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.3% | 25.1% | 14.8% | Solomon Islands |
| 2020s | 11.3% | 21.0% | 9.7% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Least developed countries or Solomon Islands?
- Solomon Islands, at 23.3% against 10.6% in Least developed countries as of 2024.
- What is the difference in tax revenue between Least developed countries and Solomon Islands?
- 12.7%, with Solomon Islands ahead.
- How many years of comparable data are there for Least developed countries and Solomon Islands?
- 11 years are reported by both, from 2011 to 2021.
- How do Least developed countries and Solomon Islands rank globally for tax revenue?
- Least developed countries ranks 26th and Solomon Islands ranks 27th of 35 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.