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Solomon Islands GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Solomon Islands's gdp growth was 2.72% in 2025, ranked 102nd globally. This represents a 9.4% decrease from 2024. Data from World Bank, covering 1980–2025.

2.72% −0.28pp (-9.4%)
Year 2025 Rank #102 Global Peak 12.70% (1992) Source World Bank

Solomon Islands GDP Growth (1980–2025)

Overview

Solomon Islands's gdp growth stood at 2.72% in 2025, a decline of +0.28pp from 2024. The IMF projects 2.72% by 2025. Solomon Islands ranked 102nd globally.

The Solomon Islands' GDP growth has exhibited significant fluctuations over the past 46 years, with a record high of 12.70% in 1992, following a period of rapid economic expansion in the late 1980s. Conversely, the country experienced a severe economic contraction in 2000, with GDP growth plummeting to -14.28%, largely due to the devastating effects of the 1997-1998 Asian financial crisis and the associated decline in global commodity prices. The Solomon Islands' GDP growth has since recovered, albeit at a moderate pace, with a current growth rate of 2.71%, ranking 102 globally. This growth rate is comparable to that of Tonga, with which the Solomon Islands shares cultural and economic ties. The Solomon Islands' economic trajectory has been influenced by its reliance on agriculture and natural resources, which are susceptible to fluctuations in global commodity prices. A sustained increase in foreign investment and infrastructure development could potentially alter the country's economic growth trajectory in the coming years.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 2.96% - -
2029* IMF 3.00% - -
2028* IMF 2.98% - -
2027* IMF 2.95% - -
2026* IMF 2.83% - -
2025* IMF 2.72% - -
2025 2.72% −0.28pp #102
2024 3.00% +0.34pp #109
2023 2.84% +0.44pp #110
2022 -2.58% −5.15pp #198
2021 -0.23% +3.16pp #195
2020 -3.38% −5.13pp #94
2019 1.75% −1.00pp #143
2018 2.75% −0.33pp #123
2017 3.08% −2.48pp #116
2016 5.55% +3.88pp #44
2015 1.68% +0.49pp #143
2014 1.19% −4.05pp #165
2013 5.24% +3.87pp #56
2012 2.47% −4.80pp #113
2011 7.43% −1.19pp #32
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 gdp growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Solomon Islands's gdp growth?▾

Solomon Islands's gdp growth was 2.72% in 2025. Ranked 102nd globally. This represents a 9.4% decrease from the previous year.

What was the highest gdp growth in Solomon Islands?▾

Solomon Islands's gdp growth peaked at 12.70% in 1992.

What was the lowest gdp growth in Solomon Islands?▾

The lowest gdp growth in Solomon Islands was -14.28% in 2000.

How does Solomon Islands rank in gdp growth?▾

Solomon Islands ranks 102nd globally in gdp growth as of 2025.

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

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

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

Solomon Islands's gdp growth is projected to reach 2.72% by 2025 based on IMF projection.

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

The gdp growth of Solomon Islands in 2025 was 2.72%. This ranks 102nd in the world.

Cite this page

APA
Solomon Islands GDP Growth. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/solomon-islands/gdp-growth/
BibTeX
@misc{historysaid_solomon-islands_gdp-growth, title = {Solomon Islands GDP Growth}, url = {https://historysaid.com/solomon-islands/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }
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