Tax revenue (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Tax revenue (current LCU), annual growth rate was 7.45 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Solomon Islands, 2012–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenue (current lcu), annual growth rate in Solomon Islands is 7.45 % change on previous year, measured in 2024.
Compared with earlier readings it is down 24.4% on the previous year and up 711.5% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Solomon Islands peaked at 14.23 % change on previous year in 2018 and was at its lowest, -10.29 % change on previous year, in 2019.
Solomon Islands ranks 98th 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.
Tax revenue (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2012 | 11.57 % change on previous year | — |
| 2013 | 9.48 % change on previous year | -18.1% |
| 2014 | 0.9186 % change on previous year | -90.3% |
| 2015 | 5.68 % change on previous year | +518.2% |
| 2016 | -1.88 % change on previous year | -133.2% |
| 2017 | 9.82 % change on previous year | -621.3% |
| 2018 | 14.23 % change on previous year | +44.9% |
| 2019 | -10.29 % change on previous year | -172.3% |
| 2020 | -9.73 % change on previous year | -5.5% |
| 2021 | -1.25 % change on previous year | -87.1% |
| 2022 | 0.6741 % change on previous year | -153.8% |
| 2023 | 9.85 % change on previous year | +1361.8% |
| 2024 | 7.45 % change on previous year | -24.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.94 % change on previous year | -10.29 % change on previous year | 14.23 % change on previous year | 8 |
| 2020s | 1.4 % change on previous year | -9.73 % change on previous year | 9.85 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 95 Guatemala 8.04 % change on previous year compare
- 96 Albania 7.77 % change on previous year compare
- 97 Hungary 7.51 % change on previous year compare
- 99 Kenya 7.35 % change on previous year compare
- 100 Armenia 7.27 % change on previous year compare
- 101 Netherlands 6.95 % 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 tax revenue (current lcu), annual growth rate in Solomon Islands?
- Tax revenue (current lcu), annual growth rate in Solomon Islands was 7.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 14.23 % change on previous year in 2018.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -10.29 % change on previous year in 2019.
- How does Solomon Islands rank for tax revenue (current lcu), annual growth rate?
- Solomon Islands ranks 98th out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 711.5%. 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 Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue 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 Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.