Net lending (+) / net borrowing (-) (% of GDP) in Solomon Islands
Solomon Islands: Net lending (+) / net borrowing (-) (% of GDP) was -1.9% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Solomon Islands recorded -1.9% for net lending (+) / net borrowing (-) in 2024.
The figure is up 54.9% on the previous year and down 190.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Solomon Islands peaked at 6.1% in 2011 and was at its lowest, -4.2%, in 2023.
Solomon Islands ranks 71st of 156 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.
Net lending (+) / net borrowing (-) (% of GDP) in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 6.1% | — |
| 2012 | 4.6% | -24.6% |
| 2013 | 3.6% | -22.9% |
| 2014 | 2.1% | -40.4% |
| 2015 | 0.8% | -62.0% |
| 2016 | -3.6% | -540.1% |
| 2017 | -2.3% | -36.2% |
| 2018 | 1.5% | -165.5% |
| 2019 | -1.5% | -202.5% |
| 2020 | -2.4% | +60.0% |
| 2021 | -3.9% | +60.7% |
| 2022 | -3.1% | -19.8% |
| 2023 | -4.2% | +35.0% |
| 2024 | -1.9% | -54.9% |
Solomon Islands compared with similar countries
- Solomon Islands's -1.9% is above the median for lower middle income countries, which is -3.0%, 63% of the median. (36 countries reporting)
- Solomon Islands's -1.9% is below the median for East Asia & Pacific, which is -1.4%, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) (% of GDP) 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 |
|---|---|---|---|
| 2016 | -540.1% | 0.8% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.3% | -3.6% | 6.1% | 9 |
| 2020s | -3.1% | -4.2% | -1.9% | 5 |
Countries ranked near Solomon Islands
- 68 South Korea -1.8% compare
- 69 Madagascar -1.9% compare
- 70 Ethiopia -1.9% compare
- 72 Latvia -2.0% compare
- 73 El Salvador -2.1% compare
- 74 Democratic Republic of Congo -2.1% compare
More public sector data for Solomon Islands
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Solomon Islands?
- Net lending (+) / net borrowing (-) in Solomon Islands was -1.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Solomon Islands?
- The highest recorded value was 6.1% in 2011.
- What is the lowest net lending (+) / net borrowing (-) recorded in Solomon Islands?
- The lowest recorded value was -4.2% in 2023.
- How does Solomon Islands rank for net lending (+) / net borrowing (-)?
- Solomon Islands ranks 71st out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Solomon Islands?
- Over the last ten years it is down 190.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.