Home Solomon Islands Government Budget Deficit

Solomon Islands Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.15% −0.06% (-2.1%)
Year 2025 Rank #103 Global Peak 17.03% (2004) Source IMF WEO

Solomon Islands Budget Deficit (1980–2025)

Overview

Solomon Islands's budget deficit stood at -3.15% in 2025, a decline of +0.06% from 2024. The IMF projects -3.15% by 2025. Solomon Islands ranked 103rd globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -2.80% - -
2029* IMF -2.97% - -
2028* IMF -2.97% - -
2027* IMF -2.99% - -
2026* IMF -3.12% - -
2025* IMF -3.15% - -
2025 -3.15% −0.06% #103
2024 -3.08% +0.72% #86
2023 -3.81% −1.30% #72
2022 -2.51% −0.65% #103
2021 -1.86% +0.58% #137
2020 -2.44% −0.91% #159
2019 -1.52% −3.01% #102
2018 1.49% +3.76% #154
2017 -2.27% +1.29% #98
2016 -3.56% −4.37% #70
2015 0.81% −1.32% #173
2014 2.13% −1.44% #168
2013 3.57% −1.06% #177
2012 4.63% −1.59% #174
2011 6.23% +0.21% #180
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.0% GDP growth 2.5% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Solomon Islands matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's budget deficit?

Solomon Islands's budget deficit was -3.15% in 2025. Ranked 103rd globally. This represents a 2.1% decrease from the previous year.

What was the highest budget deficit in Solomon Islands?

Solomon Islands's budget deficit peaked at 17.03% in 2004.

What was the lowest budget deficit in Solomon Islands?

The lowest budget deficit in Solomon Islands was -25.81% in 1987.

How does Solomon Islands rank in budget deficit?

Solomon Islands ranks 103rd globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Solomon Islands in 2025?

Solomon Islands's budget deficit is projected to reach -3.15% by 2025 based on IMF projection.

What is the budget deficit of Solomon Islands in 2025?

The budget deficit of Solomon Islands in 2025 was -3.15%. This ranks 103rd in the world.

Cite this page

APA
Solomon Islands Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/solomon-islands/budget-deficit
BibTeX
@misc{historysaid_solomon-islands_budget-deficit, title = {Solomon Islands Budget Deficit}, url = {https://historysaid.com/solomon-islands/budget-deficit}, publisher = {HistorySaid}, year = {2026} }