Gross savings in Solomon Islands
Solomon Islands: Gross savings was 17.12 million current US$ in 2024. ◆ Volatile
Gross savings in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Solomon Islands is 17.12 million current US$, measured in 2024.
Compared with earlier readings it is down 80.1% on the previous year and down 87.8% over ten years.
Over the whole period, gross savings in Solomon Islands peaked at 294.67 million current US$ in 2021 and was at its lowest, -248.76 million current US$, in 1982.
Solomon Islands ranks 172nd of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -173.58 million current US$ | -248.76 million current US$ | -29.27 million current US$ | 10 |
| 1990s | -42.62 million current US$ | -102.25 million current US$ | 35.31 million current US$ | 10 |
| 2000s | 44.35 million current US$ | -80.44 million current US$ | 106.83 million current US$ | 10 |
| 2010s | 180.51 million current US$ | 123.84 million current US$ | 243.73 million current US$ | 10 |
| 2020s | 171.31 million current US$ | 17.12 million current US$ | 294.67 million current US$ | 5 |
Countries ranked near Solomon Islands
- 169 Sao Tome and Principe 74.40 million current US$ compare
- 170 Seychelles 56.61 million current US$ compare
- 171 Kiribati 44.11 million current US$ compare
- 173 Palau -35.86 million current US$ compare
- 174 Malawi -224.99 million current US$ compare
- 175 East Timor -394.17 million current US$ compare
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 17.12 million current US$ 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 294.67 million current US$ in 2021.
- What is the lowest gross savings recorded in Solomon Islands?
- The lowest recorded value was -248.76 million current US$ in 1982.
- How does Solomon Islands rank for gross savings?
- Solomon Islands ranks 172nd 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 87.8%. 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 US$). 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 indicator is expressed in United States dollars.