Solomon Islands's GNI (constant LCU) was 11.95 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 26.82% from 9.42 billion in 2014 (2.4% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 11.95 billion | 2024 |
| Five years earlier | 11.49 billion | 2019 |
| Ten years earlier | 9.42 billion | 2014 |
| Highest | 11.95 billion | 2024 |
| Lowest | 3.05 billion | 1991 |
| Average since 2015 | 10.93 billion | 2015–2024 |
| First recorded | 3.07 billion |
What the numbers say
In 2024, Solomon Islands' GNI (constant LCU) rose 5% on 2023 (from 11.38 billion to 11.95 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +3.3% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 31.2% in 1992 and the biggest yearly fall was 18.8% in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 168.8 million a year. A straight line explains 63% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Solomon Islands had the 40th highest value of the 47 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Solomon Islands in the 2024 ranking
- Estonia — 36th of 47: 29.58 billion
- Bahrain — 37th of 47: 14.58 billion
- Bahamas, The — 38th of 47: 13.18 billion
- Tajikistan — 40th of 47: 8.99 billion
- Bermuda — 41st of 47: 7.49 billion
- Belize — 42nd of 47: 5.09 billion
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 45 values
| Year | GNI (constant LCU) |
|---|---|
| 2024 | 11,949,355,126 |
| 2023 | 11,377,470,786 |
| 2022 | 11,055,549,297 |
| 2021 | 10,807,802,330 |
| 2020 | 10,813,925,757 |
| 2019 | 11,488,239,626 |
| 2018 | 11,372,837,681 |
| 2017 | 10,378,721,465 |
| 2016 | 10,208,724,236 |
| 2015 | 9,876,537,204 |
| 2014 |
GNI (constant LCU) in nearby economies
- Brunei Darussalam — 19.63 billion (2025)
- Cambodia — 163.09 trillion (2025)
- Indonesia — 12,915.6 trillion (2025)
- Japan — 608.28 trillion (2024)
- Kiribati — 619.78 million (2024)
- Korea, Rep. — 2,329.56 trillion (2025)
- Lao PDR — 109.74 trillion (2016)
- Macao SAR, China — 392.57 billion (2024)
- Malaysia — 1.72 trillion (2025)
- Marshall Islands — 271.87 million (2024)
- Mongolia — 43.35 trillion (2025)
- New Zealand
More economic policy & debt data for Solomon Islands
- Grants, excluding technical cooperation (BoP, current US$) — US$191.86 million (2023)
- Technical cooperation grants (BoP, current US$) — US$23.39 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$175.09 million (2023)
- Net official development assistance and official aid received (current US$) — US$243.66 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$243.66 million (2023)
- Net official development assistance received (current US$) — US$243.66 million (2023)
- Net official development assistance received (constant 2023 US$) — US$243.66 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Solomon Islands's GNI (constant LCU)?
- 11.95 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 289.78% from 3.07 billion in 1980 (3.14% a year on average, compounded). The highest value was 11.95 billion in 2024 and the lowest 3.05 billion in 1991.
- How does Solomon Islands rank?
- 40th highest of 47 economies with data for 2024.
- Is the latest change in GNI (constant LCU) unusual for Solomon Islands?
- In 2024, Solomon Islands' GNI (constant LCU) rose 5% on 2023 (from 11.38 billion to 11.95 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +3.3% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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