Gross savings in Solomon Islands
Solomon Islands: Gross savings was 144.75 million current LCU in 2024. ◆ Volatile
Gross savings in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Solomon Islands stood at 144.75 million current LCU.
That represents a change of down 79.9% on the previous year and down 86.0% over ten years.
Over the whole period, gross savings in Solomon Islands peaked at 2.37 billion current LCU in 2021 and was at its lowest, -424.57 million current LCU, in 2001.
That places Solomon Islands 169th out of 177 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 | -222.55 million current LCU | -305.80 million current LCU | -58.63 million current LCU | 10 |
| 1990s | -119.55 million current LCU | -277.58 million current LCU | 170.04 million current LCU | 10 |
| 2000s | 369.09 million current LCU | -424.57 million current LCU | 842.66 million current LCU | 10 |
| 2010s | 1.40 billion current LCU | 998.72 million current LCU | 1.94 billion current LCU | 10 |
| 2020s | 1.40 billion current LCU | 144.75 million current LCU | 2.37 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 savings in Solomon Islands?
- Gross savings in Solomon Islands was 144.75 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Solomon Islands?
- The highest recorded value was 2.37 billion current LCU in 2021.
- What is the lowest gross savings recorded in Solomon Islands?
- The lowest recorded value was -424.57 million current LCU in 2001.
- How does Solomon Islands rank for gross savings?
- Solomon Islands ranks 169th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Solomon Islands?
- Over the last ten years it is down 86.0%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.