Solomon Islands Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Solomon Islands's budget deficit was -3.15% in 2025, ranked 103rd globally. This represents a 2.1% decrease from 2024. Data from IMF WEO, covering 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.
The Solomon Islands' budget deficit has exhibited significant fluctuations over the past 46 years, with a coverage spanning from 1980 to 2025. The country's all-time peak budget deficit was recorded in 2004 at 17.03, a stark contrast to its trough of -25.81 in 1987. Since then, the budget deficit has generally trended downwards, with a notable exception in the recent years. As of 2025, the Solomon Islands' budget deficit stands at -3.15, ranking 103 globally. This value is marginally higher than that of Sudan, which holds a rank of 104 with a deficit of -3.04. Malta, another peer country, also shares a similar deficit value of -3.19. The recent increase in the budget deficit may be attributed to various factors, including economic shocks or policy adjustments. A sustained commitment to fiscal discipline and prudent economic management would be essential to alter the trajectory of the Solomon Islands' budget deficit and maintain economic stability.
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 |
Detected Pattern
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
Solomon Islands's budget deficit was -3.15% in 2025. Ranked 103rd globally. This represents a 2.1% decrease from the previous year.
Solomon Islands's budget deficit peaked at 17.03% in 2004.
The lowest budget deficit in Solomon Islands was -25.81% in 1987.
Solomon Islands ranks 103rd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Solomon Islands's budget deficit is projected to reach -3.15% by 2025 based on IMF projection.
The budget deficit of Solomon Islands in 2025 was -3.15%. This ranks 103rd in the world.
Cite this page
@misc{historysaid_solomon-islands_budget-deficit,
title = {Solomon Islands Budget Deficit},
url = {https://historysaid.com/solomon-islands/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}