Statistical discrepancy (expenditure approach) (Current prices, US) in Solomon Islands
Solomon Islands: Statistical discrepancy (expenditure approach) (Current prices, US) was 42.01 million in 2024. ◆ Volatile
Statistical discrepancy (expenditure approach) in Solomon Islands, 2003–2024
Source: International Monetary Fund.
Analysis
In 2024, statistical discrepancy (expenditure approach) in Solomon Islands stood at 42.01 million.
That represents a change of up 10.7% on the previous year and up 79.6% over ten years.
Over the whole period, statistical discrepancy (expenditure approach) in Solomon Islands peaked at 106.75 million in 2010 and was at its lowest, -41.17 million, in 2016.
Solomon Islands ranks 17th of 43 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.
Statistical discrepancy (expenditure approach) (Current prices, US) in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 80.81 million | — |
| 2004 | 66.32 million | -17.9% |
| 2005 | 4.79 million | -92.8% |
| 2006 | 44.71 million | +833.9% |
| 2007 | 92.03 million | +105.8% |
| 2008 | 72.53 million | -21.2% |
| 2009 | 50.56 million | -30.3% |
| 2010 | 106.75 million | +111.1% |
| 2011 | 56.91 million | -46.7% |
| 2012 | 24.93 million | -56.2% |
| 2013 | 9.09 million | -63.5% |
| 2014 | 23.39 million | +157.3% |
| 2015 | -19.52 million | -183.5% |
| 2016 | -41.17 million | +110.9% |
| 2017 | -16.61 million | -59.7% |
| 2018 | -16.51 million | -0.6% |
| 2019 | -555,136 | -96.6% |
| 2020 | -6.36 million | +1045.9% |
| 2021 | 39.60 million | -722.6% |
| 2022 | 6.20 million | -84.3% |
| 2023 | 37.93 million | +511.4% |
| 2024 | 42.01 million | +10.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 42.01 million is above the median for lower middle income countries, which is 0, 1481161147467.0× the median. (19 countries reporting)
- Solomon Islands's 42.01 million is above the median for East Asia & Pacific, which is 32.29 million, 1.3× the median. (13 countries reporting)
Biggest year-on-year movements
Years where Statistical discrepancy (expenditure approach) (Current prices, US) 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 |
|---|---|---|---|
| 2020 | -1045.9% | -555,136 | -6.36 million |
| 2006 | +833.9% | 4.79 million | 44.71 million |
| 2021 | +722.6% | -6.36 million | 39.60 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.82 million | 4.79 million | 92.03 million | 7 |
| 2010s | 12.67 million | -41.17 million | 106.75 million | 10 |
| 2020s | 23.88 million | -6.36 million | 42.01 million | 5 |
Countries ranked near Solomon Islands
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 statistical discrepancy (expenditure approach) in Solomon Islands?
- Statistical discrepancy (expenditure approach) in Solomon Islands was 42.01 million in 2024, according to International Monetary Fund.
- What is the highest statistical discrepancy (expenditure approach) recorded in Solomon Islands?
- The highest recorded value was 106.75 million in 2010.
- What is the lowest statistical discrepancy (expenditure approach) recorded in Solomon Islands?
- The lowest recorded value was -41.17 million in 2016.
- How does Solomon Islands rank for statistical discrepancy (expenditure approach)?
- Solomon Islands ranks 17th out of 43 countries with data for 2024.
- Is statistical discrepancy (expenditure approach) rising or falling in Solomon Islands?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Statistical discrepancy (expenditure approach) (Current prices, US dollar, Fixed base). Statizoid updates them automatically from the source API.
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About this data
This dataset presents national, official estimates of annual expenditure-based Gross Domestic Product (GDP), by economy. Estimates are presented in nominal terms (current prices) and volume terms (with the effect of price changes removed).