Other expense in Solomon Islands
Solomon Islands: Other expense was 6.5% in 2022. ▼ Falling
Other expense in Solomon Islands, 2011–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, other expense in Solomon Islands stood at 6.5%.
The figure is down 16.8% on the previous year and up 19.4% over ten years.
Over the whole period, other expense in Solomon Islands peaked at 10.2% in 2016 and was at its lowest, 1.4%, in 2018.
Solomon Islands ranks 77th of 147 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Other expense in Solomon Islands, year by year
| Year | % of expense | Change |
|---|---|---|
| 2011 | 5.3% | — |
| 2012 | 5.4% | +3.1% |
| 2013 | 7.5% | +38.3% |
| 2014 | 7.1% | -5.7% |
| 2015 | 9.5% | +34.4% |
| 2016 | 10.2% | +7.3% |
| 2017 | 8.4% | -17.7% |
| 2018 | 1.4% | -83.8% |
| 2019 | 3.5% | +153.9% |
| 2020 | 5.2% | +49.4% |
| 2021 | 7.8% | +50.8% |
| 2022 | 6.5% | -16.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.5% | 1.4% | 10.2% | 9 |
| 2020s | 6.5% | 5.2% | 7.8% | 3 |
Countries ranked near Solomon Islands
More public sector data for Solomon Islands
- 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)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 37.4% (2024)
- Interest payments 1.3% (2022)
- Other taxes 0.9% (2020)
- Compensation of employees 47.3% (2022)
Frequently asked questions
- What is other expense in Solomon Islands?
- Other expense in Solomon Islands was 6.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Solomon Islands?
- The highest recorded value was 10.2% in 2016.
- What is the lowest other expense recorded in Solomon Islands?
- The lowest recorded value was 1.4% in 2018.
- How does Solomon Islands rank for other expense?
- Solomon Islands ranks 77th out of 147 countries with data for 2022.
- Is other expense rising or falling in Solomon Islands?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is falling.
- 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.