Other taxes (current LCU) in Solomon Islands
Solomon Islands: Other taxes (current LCU) was 42.05 million current LCU in 2020. ▲ Rising
Other taxes in Solomon Islands, 2011–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, other taxes in Solomon Islands stood at 42.05 million current LCU. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 1.6% on the previous year and up 146.3% over ten years.
Over the whole period, other taxes in Solomon Islands peaked at 42.05 million current LCU in 2020 and was at its lowest, 17.08 million current LCU, in 2011.
That places Solomon Islands 116th out of 149 countries with data for 2020, putting it in the bottom quarter.
Other taxes (current LCU) in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 17.08 million current LCU | — |
| 2012 | 21.36 million current LCU | +25.1% |
| 2013 | 23.65 million current LCU | +10.7% |
| 2014 | 24.12 million current LCU | +2.0% |
| 2015 | 29.32 million current LCU | +21.6% |
| 2016 | 31.29 million current LCU | +6.7% |
| 2017 | 35.56 million current LCU | +13.6% |
| 2018 | 41.88 million current LCU | +17.8% |
| 2019 | 41.38 million current LCU | -1.2% |
| 2020 | 42.05 million current LCU | +1.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 42.05 million current LCU is below the median for lower middle income countries, which is 3.72 billion current LCU, 1% of the median. (35 countries reporting)
- Solomon Islands's 42.05 million current LCU is below the median for East Asia & Pacific, which is 1.45 billion current LCU, 3% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.52 million current LCU | 17.08 million current LCU | 41.88 million current LCU | 9 |
| 2020s | 42.05 million current LCU | 42.05 million current LCU | 42.05 million current LCU | 1 |
Countries ranked near Solomon Islands
- 113 Bosnia and Herzegovina 69.14 million current LCU compare
- 114 Switzerland 67.96 million current LCU compare
- 115 El Salvador 59.00 million current LCU compare
- 117 Germany 40.90 million current LCU
- 118 Kyrgyzstan 33.20 million current LCU compare
- 119 Moldova 32.10 million current LCU 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 other taxes in Solomon Islands?
- Other taxes in Solomon Islands was 42.05 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Solomon Islands?
- The highest recorded value was 42.05 million current LCU in 2020.
- What is the lowest other taxes recorded in Solomon Islands?
- The lowest recorded value was 17.08 million current LCU in 2011.
- How does Solomon Islands rank for other taxes?
- Solomon Islands ranks 116th out of 149 countries with data for 2020.
- Is other taxes rising or falling in Solomon Islands?
- Over the last ten years it is up 146.3%. The long-run trend across the full record is rising.
- 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 taxes (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.