Tax revenue (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Tax revenue (current LCU), per unit of GDP was 1.97 current LCU per US$ of GDP in 2024. ▼ Falling
Tax revenue (current LCU), per unit of GDP in Solomon Islands, 2011–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Solomon Islands is 1.97 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 2.2% on the previous year and up 4.2% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Solomon Islands peaked at 2.04 current LCU per US$ of GDP in 2015 and was at its lowest, 1.68 current LCU per US$ of GDP, in 2021.
Solomon Islands ranks 83rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Tax revenue (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2011 | 1.92 current LCU per US$ of GDP | — |
| 2012 | 1.93 current LCU per US$ of GDP | +0.2% |
| 2013 | 1.94 current LCU per US$ of GDP | +0.9% |
| 2014 | 1.89 current LCU per US$ of GDP | -2.8% |
| 2015 | 2.04 current LCU per US$ of GDP | +7.9% |
| 2016 | 1.9 current LCU per US$ of GDP | -7.0% |
| 2017 | 1.95 current LCU per US$ of GDP | +3.1% |
| 2018 | 2.03 current LCU per US$ of GDP | +3.9% |
| 2019 | 1.82 current LCU per US$ of GDP | -10.5% |
| 2020 | 1.73 current LCU per US$ of GDP | -4.8% |
| 2021 | 1.68 current LCU per US$ of GDP | -2.7% |
| 2022 | 1.8 current LCU per US$ of GDP | +7.0% |
| 2023 | 1.93 current LCU per US$ of GDP | +7.0% |
| 2024 | 1.97 current LCU per US$ of GDP | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.93 current LCU per US$ of GDP | 1.82 current LCU per US$ of GDP | 2.04 current LCU per US$ of GDP | 9 |
| 2020s | 1.82 current LCU per US$ of GDP | 1.68 current LCU per US$ of GDP | 1.97 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 80 Macau, China 2.2 current LCU per US$ of GDP compare
- 81 Morocco 2.1 current LCU per US$ of GDP compare
- 82 Seychelles 2.09 current LCU per US$ of GDP
- 84 Ghana 1.37 current LCU per US$ of GDP compare
- 85 Bolivia, Plurinational State of 1.33 current LCU per US$ of GDP
- 86 Tajikistan 1.16 current LCU per US$ of GDP 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), per unit of gdp in Solomon Islands?
- Tax revenue (current lcu), per unit of gdp in Solomon Islands was 1.97 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 2.04 current LCU per US$ of GDP in 2015.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 1.68 current LCU per US$ of GDP in 2021.
- How does Solomon Islands rank for tax revenue (current lcu), per unit of gdp?
- Solomon Islands ranks 83rd out of 157 countries with data for 2024.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.