Revenue, excluding grants (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Revenue, excluding grants (current LCU), annual growth rate was 7.39 % change on previous year in 2024. ◆ Volatile
Revenue, excluding grants (current LCU), annual growth rate in Solomon Islands, 2012–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 7.39 % change on previous year for revenue, excluding grants (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 3.0% on the previous year and up 243.5% over ten years.
Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Solomon Islands peaked at 13.3 % change on previous year in 2012 and was at its lowest, -9.25 % change on previous year, in 2020.
That places Solomon Islands 96th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2012 | 13.3 % change on previous year | — |
| 2013 | 11.35 % change on previous year | -14.7% |
| 2014 | 2.15 % change on previous year | -81.0% |
| 2015 | 11.13 % change on previous year | +417.5% |
| 2016 | -5.53 % change on previous year | -149.7% |
| 2017 | 11.14 % change on previous year | -301.5% |
| 2018 | 11.64 % change on previous year | +4.5% |
| 2019 | -8.84 % change on previous year | -176.0% |
| 2020 | -9.25 % change on previous year | +4.5% |
| 2021 | -2.21 % change on previous year | -76.1% |
| 2022 | -2.92 % change on previous year | +32.1% |
| 2023 | 7.62 % change on previous year | -360.7% |
| 2024 | 7.39 % change on previous year | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.79 % change on previous year | -8.84 % change on previous year | 13.3 % change on previous year | 8 |
| 2020s | 0.1249 % change on previous year | -9.25 % change on previous year | 7.62 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 93 Bahamas 7.52 % change on previous year compare
- 94 Belize 7.52 % change on previous year compare
- 95 Croatia 7.39 % change on previous year compare
- 97 United States 7.1 % change on previous year compare
- 98 Mexico 7.06 % change on previous year compare
- 99 Cyprus 7.03 % change on previous year compare
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 revenue, excluding grants (current lcu), annual growth rate in Solomon Islands?
- Revenue, excluding grants (current lcu), annual growth rate in Solomon Islands was 7.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 13.3 % change on previous year in 2012.
- What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -9.25 % change on previous year in 2020.
- How does Solomon Islands rank for revenue, excluding grants (current lcu), annual growth rate?
- Solomon Islands ranks 96th out of 156 countries with data for 2024.
- Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 243.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.