Natural resource rents in Solomon Islands
Solomon Islands: Natural resource rents was 18.39 in 2021. ▲ Rising
Latest (2021)
18.39
Change on year
down 4.2%
World rank
29th
of 211 countries
All-time high
22.92
in 2017
All-time low
5.11
in 1971
Years of data
51
1971–2021
Natural resource rents in Solomon Islands, 1971–2021
Source: Our World in Data.
Analysis
The most recent figure for natural resource rents in Solomon Islands is 18.39, measured in 2021.
The figure is down 4.2% on the previous year and down 7.6% over ten years.
Over the whole period, natural resource rents in Solomon Islands peaked at 22.92 in 2017 and was at its lowest, 5.11, 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.
Natural resource rents in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1971 | 5.11 | — |
| 1972 | 8.37 | +63.9% |
| 1973 | 10.74 | +28.3% |
| 1974 | 5.55 | -48.4% |
| 1975 | 7.81 | +40.8% |
| 1976 | 6.95 | -11.1% |
| 1977 | 7.82 | +12.6% |
| 1978 | 5.56 | -28.9% |
| 1979 | 7.26 | +30.6% |
| 1980 | 6.99 | -3.7% |
| 1981 | 5.57 | -20.4% |
| 1982 | 9.61 | +72.7% |
| 1983 | 10.04 | +4.4% |
| 1984 | 6.58 | -34.5% |
| 1985 | 7.95 | +20.9% |
| 1986 | 9.9 | +24.5% |
| 1987 | 8.76 | -11.5% |
| 1988 | 6.85 | -21.8% |
| 1989 | 7.6 | +10.9% |
| 1990 | 7.86 | +3.5% |
| 1991 | 6.21 | -21.0% |
| 1992 | 10.33 | +66.2% |
| 1993 | 8.83 | -14.5% |
| 1994 | 7.84 | -11.3% |
| 1995 | 8.49 | +8.3% |
| 1996 | 9.18 | +8.1% |
| 1997 | 5.51 | -39.9% |
| 1998 | 6.56 | +19.0% |
| 1999 | 6.23 | -5.0% |
| 2000 | 5.26 | -15.5% |
| 2001 | 5.62 | +6.9% |
| 2002 | 7.11 | +26.4% |
| 2003 | 9.62 | +35.3% |
| 2004 | 7.43 | -22.8% |
| 2005 | 8.98 | +20.8% |
| 2006 | 10.69 | +19.1% |
| 2007 | 16.69 | +56.1% |
| 2008 | 18.63 | +11.7% |
| 2009 | 12.93 | -30.6% |
| 2010 | 15.76 | +21.9% |
| 2011 | 19.9 | +26.2% |
| 2012 | 20.85 | +4.8% |
| 2013 | 17.77 | -14.8% |
| 2014 | 20.64 | +16.2% |
| 2015 | 16.67 | -19.3% |
| 2016 | 14.3 | -14.2% |
| 2017 | 22.92 | +60.3% |
| 2018 | 22.34 | -2.5% |
| 2019 | 19.15 | -14.3% |
| 2020 | 19.19 | +0.3% |
| 2021 | 18.39 | -4.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 18.39 is above the median for lower middle income countries, which is 4.4, 4.2× the median. (47 countries reporting)
- Solomon Islands's 18.39 is above the median for East Asia & Pacific, which is 0.7017, 26.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.24 | 5.11 | 10.74 | 9 |
| 1980s | 7.98 | 5.57 | 10.04 | 10 |
| 1990s | 7.7 | 5.51 | 10.33 | 10 |
| 2000s | 10.3 | 5.26 | 18.63 | 10 |
| 2010s | 19.03 | 14.3 | 22.92 | 10 |
| 2020s | 18.79 | 18.39 | 19.19 | 2 |
Countries ranked near Solomon Islands
More reference data data for Solomon Islands
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0077 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0075 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0154 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0002 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0154 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0259 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0427 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0894 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0009 (2050)
Frequently asked questions
- What is natural resource rents in Solomon Islands?
- Natural resource rents in Solomon Islands was 18.39 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Solomon Islands?
- The highest recorded value was 22.92 in 2017.
- What is the lowest natural resource rents recorded in Solomon Islands?
- The lowest recorded value was 5.11 in 1971.
- How does Solomon Islands rank for natural resource rents?
- Solomon Islands ranks 29th out of 211 countries with data for 2021.
- Is 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 Our World in Data, published as part of 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).