Gross national savings — all countries

Gross national savings — Solomon Islands

Gross national savings in the Solomon Islands in 2024 — 1.1%. Ranked 144 in the world out of 146. Since 1980, the indicator has risen by 127.1 pp.

2024 1.1% −4.6 pp vs 2023
World rank 144of 146
Period maximum 22.2%2003
Period minimum -129%1982

Trend over time

1980–2024 · % of GDP

Gross national savings — Solomon Islands, 1980–2024-150-100-5005019801985199019952000200520102015202020241980: -126%1981: -124.9%1982: -129%1983: -126%1984: -126%1985: -124.8%1986: -55.2%1987: -18.9%1988: -77.6%1989: -59.8%1990: -34.9%1991: -44.9%1992: -17.9%1993: -27.5%1994: -13.6%1995: -7.6%1996: -10.5%1997: -7.5%1998: 7.7%1999: 6.2%2000: -6.8%2001: -19.6%2002: -4.5%2003: 22.2%2004: 16.9%2005: 2.7%2006: 12.7%2007: 15.4%2008: 11.8%2009: 13%2010: 13.8%2011: 18.5%2012: 15.5%2013: 15.4%2014: 10.5%2015: 11.4%2016: 9.7%2017: 15.1%2018: 15.1%2019: 13.1%2020: 18.6%2021: 18.9%2022: 11.8%2023: 5.7%2024: 1.1%
Change over the period: +127.1 pp Annual average: 2.89 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands 1.1%
World 26.1%
Gross national savings — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2024 1.1 −4.6 pp
2023 5.7 −6.1 pp
2022 11.8 −7.1 pp
2021 18.9 +0.3 pp
2020 18.6 +5.5 pp
2019 13.1 −2 pp
2018 15.1 −0 pp
2017 15.1 +5.4 pp
2016 9.7 −1.7 pp
2015 11.4 +0.9 pp
2014 10.5 −4.9 pp
2013 15.4 −0.1 pp
2012 15.5 −3 pp
2011 18.5 +4.7 pp
2010 13.8 +0.8 pp
2009 13 +1.2 pp
2008 11.8 −3.6 pp
2007 15.4 +2.6 pp
2006 12.7 +10 pp
2005 2.7 −14.2 pp
2004 16.9 −5.3 pp
2003 22.2 +26.7 pp
2002 -4.5 +15.1 pp
2001 -19.6 −12.9 pp
2000 -6.8 −13 pp
1999 6.2 −1.5 pp
1998 7.7 +15.2 pp
1997 -7.5 +3.1 pp
1996 -10.5 −3 pp
1995 -7.6 +6 pp
1994 -13.6 +14 pp
1993 -27.5 −9.6 pp
1992 -17.9 +27 pp
1991 -44.9 −10 pp
1990 -34.9 +24.9 pp
1989 -59.8 +17.8 pp
1988 -77.6 −58.7 pp
1987 -18.9 +36.3 pp
1986 -55.2 +69.6 pp
1985 -124.8 +1.3 pp
1984 -126 −0 pp
1983 -126 +3 pp
1982 -129 −4 pp
1981 -124.9 +1.1 pp
1980 -126

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

FJ Fiji 13.1 SB Solomon Islands 1.1

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.