Total natural resource rents in Solomon Islands

Solomon Islands: Total natural resource rents was 18.4% in 2021. ▲ Rising

Latest (2021)
18.4%
Change on year
down 4.2%
World rank
29th
of 211 countries
All-time high
22.9%
in 2017
All-time low
5.1%
in 1971
Years of data
51
1971–2021

Total natural resource rents in Solomon Islands, 1971–2021

510152025197119962021

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for total natural resource rents in Solomon Islands is 18.4%, measured in 2021.

The figure is down 4.2% on the previous year and down 7.6% over ten years.

Over the whole period, total natural resource rents in Solomon Islands peaked at 22.9% in 2017 and was at its lowest, 5.1%, in 1971.

That places Solomon Islands 29th out of 211 countries with data for 2021, putting it in the top quarter.

The long-run direction has been consistently rising across the 51 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.2% 5.1% 10.7% 9
1980s 8.0% 5.6% 10.0% 10
1990s 7.7% 5.5% 10.3% 10
2000s 10.3% 5.3% 18.6% 10
2010s 19.0% 14.3% 22.9% 10
2020s 18.8% 18.4% 19.2% 2

Countries ranked near Solomon Islands

  1. 26 Russia 18.5% compare
  2. 27 Gabon 18.5% compare
  3. 28 Mali 18.4% compare
  4. 30 Cape Verde 17.7% compare
  5. 31 United Arab Emirates 17.6% compare
  6. 32 Chile 16.9% compare

See the full ranking of 211 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is total natural resource rents in Solomon Islands?
Total natural resource rents in Solomon Islands was 18.4% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Solomon Islands?
The highest recorded value was 22.9% in 2017.
What is the lowest total natural resource rents recorded in Solomon Islands?
The lowest recorded value was 5.1% in 1971.
How does Solomon Islands rank for total natural resource rents?
Solomon Islands ranks 29th out of 211 countries with data for 2021.
Is total natural resource rents rising or falling in Solomon Islands?
Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
Where does this Solomon Islands data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.