Taxes on exports in Solomon Islands
Solomon Islands: Taxes on exports was 347.60 million current LCU in 2024. βΌ Falling
Taxes on exports in Solomon Islands, 2011β2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Solomon Islands recorded 347.60 million current LCU for taxes on exports in 2024.
That represents a change of up 5.1% on the previous year and down 30.1% over ten years.
Over the whole period, taxes on exports in Solomon Islands peaked at 793.99 million current LCU in 2018 and was at its lowest, 325.35 million current LCU, in 2022.
That places Solomon Islands 35th out of 77 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 545.79 million current LCU | 379.38 million current LCU | 793.99 million current LCU | 9 |
| 2020s | 371.12 million current LCU | 325.35 million current LCU | 480.68 million current LCU | 4 |
Countries ranked near Solomon Islands
- 32 Burkina Faso 378.11 million current LCU compare
- 33 Zambia 364.75 million current LCU compare
- 34 Nepal 350.12 million current LCU compare
- 36 Papua New Guinea 299.75 million current LCU compare
- 37 Egypt, Arab Republic of 289.40 million current LCU
- 38 Ghana 268.53 million current LCU 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 taxes on exports in Solomon Islands?
- Taxes on exports in Solomon Islands was 347.60 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Solomon Islands?
- The highest recorded value was 793.99 million current LCU in 2018.
- What is the lowest taxes on exports recorded in Solomon Islands?
- The lowest recorded value was 325.35 million current LCU in 2022.
- How does Solomon Islands rank for taxes on exports?
- Solomon Islands ranks 35th out of 77 countries with data for 2024.
- Is taxes on exports rising or falling in Solomon Islands?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is falling.
- 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 Taxes on exports (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. 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.