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Solomon Islands GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

Solomon Islands's gdp deflator was 3.95% in 2025, ranked 138th globally. This represents a 28.4% increase from 2024. Data from World Bank, covering 1981–2025.

3.95% +0.87pp (+28.4%)
Year 2025 Rank #138 Global Peak 34.11% (1990) Source World Bank

Solomon Islands GDP Deflator (1981–2025)

Overview

Solomon Islands's gdp deflator stood at 3.95% in 2025, a rise of +0.87pp from 2024. Based on recent trends, this figure is projected to reach 3.95% by 2025. Solomon Islands ranked 138th globally.

The Solomon Islands' GDP deflator has exhibited considerable fluctuations over the 45-year period from 1981 to 2025. The all-time peak of 34.11% in 1990, a period marked by a surge in international demand for Pacific Island resources, reflects the country's vulnerability to external economic shocks. Conversely, the all-time trough of -1.87% in 2022, a year affected by the global pandemic, highlights the fragility of the country's economy. As of 2025, the Solomon Islands' GDP deflator ranks #138 globally, mirroring the 3.95% growth rate of its peer, the Faroe Islands. The recent stabilisation of the GDP deflator suggests a positive trend, however, this trajectory may be disrupted by changes in global commodity prices or shifts in the country's economic structure. A significant increase in foreign investment, particularly in the tourism sector, could potentially drive the GDP deflator upwards, offsetting the country's historical vulnerability to external economic fluctuations.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 6.34% - -
2026* trend 5.14% - -
2025* trend 3.95% - -
2025 3.95% +0.87pp #138
2024 3.07% +0.53pp #73
2023 2.55% +4.42pp #54
2022 -1.87% −1.28pp #3
2021 -0.59% +0.73pp #7
2020 -1.33% −2.57pp #32
2019 1.24% −6.62pp #72
2018 7.86% +5.28pp #174
2017 2.58% +2.23pp #97
2016 0.34% −3.01pp #42
2015 3.36% −0.31pp #141
2014 3.67% +1.32pp #137
2013 2.35% −2.30pp #112
2012 4.65% +0.17pp #120
2011 4.48% +2.73pp #95
Show all years (1981-2025)
* Linear trend extrapolation

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 gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's gdp deflator?▾

Solomon Islands's gdp deflator was 3.95% in 2025. Ranked 138th globally. This represents a 28.4% increase from the previous year.

What was the highest gdp deflator in Solomon Islands?▾

Solomon Islands's gdp deflator peaked at 34.11% in 1990.

What was the lowest gdp deflator in Solomon Islands?▾

The lowest gdp deflator in Solomon Islands was -1.87% in 2022.

How does Solomon Islands rank in gdp deflator?▾

Solomon Islands ranks 138th globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?▾

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of Solomon Islands in 2025?▾

Solomon Islands's gdp deflator is projected to reach 3.95% by 2025 based on trend extrapolation.

What is the gdp deflator of Solomon Islands in 2025?▾

The gdp deflator of Solomon Islands in 2025 was 3.95%. This ranks 138th in the world.

Cite this page

APA
Solomon Islands GDP Deflator. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/solomon-islands/gdp-deflator/
BibTeX
@misc{historysaid_solomon-islands_gdp-deflator, title = {Solomon Islands GDP Deflator}, url = {https://historysaid.com/solomon-islands/gdp-deflator/}, publisher = {HistorySaid}, year = {2026} }
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