Gross domestic savings in Solomon Islands
Solomon Islands: Gross domestic savings was -1.09 billion current LCU in 2024. ◆ Volatile
Gross domestic savings in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Solomon Islands recorded -1.09 billion current LCU for gross domestic savings in 2024. That is the lowest value across all 45 years on record.
The figure is down 76.6% on the previous year and down 296.5% over ten years.
Over the whole period, gross domestic savings in Solomon Islands peaked at 1.78 billion current LCU in 2018 and was at its lowest, -1.09 billion current LCU, in 2024.
That places Solomon Islands 167th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -254.10 million current LCU | -366.45 million current LCU | -120.23 million current LCU | 10 |
| 1990s | -218.29 million current LCU | -386.30 million current LCU | 155.13 million current LCU | 10 |
| 2000s | 138.36 million current LCU | -477.62 million current LCU | 514.88 million current LCU | 10 |
| 2010s | 1.03 billion current LCU | 288.58 million current LCU | 1.78 billion current LCU | 10 |
| 2020s | 295.49 million current LCU | -1.09 billion current LCU | 1.51 billion current LCU | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
- Taxes less subsidies on products 31.51 million current US$ (2024)
- Net primary income (Net income from abroad) 14.54 million current LCU (2025)
- Net primary income (Net income from abroad) 1.75 million current US$ (2025)
- GNI per capita 17,389 current LCU (2025)
- GNI per capita, Atlas method 2,020 current US$ (2025)
- GNI 14.58 billion current LCU (2025)
Frequently asked questions
- What is gross domestic savings in Solomon Islands?
- Gross domestic savings in Solomon Islands was -1.09 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Solomon Islands?
- The highest recorded value was 1.78 billion current LCU in 2018.
- What is the lowest gross domestic savings recorded in Solomon Islands?
- The lowest recorded value was -1.09 billion current LCU in 2024.
- How does Solomon Islands rank for gross domestic savings?
- Solomon Islands ranks 167th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Solomon Islands?
- Over the last ten years it is down 296.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.