Mineral rents in Solomon Islands
Solomon Islands: Mineral rents was 0.0% in 2021. ◆ Volatile
Latest (2021)
0.0%
World rank
95th
of 214 countries
All-time high
5.0%
in 2012
All-time low
0.0%
in 1971
Years of data
51
1971–2021
Mineral rents in Solomon Islands, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, mineral rents in Solomon Islands stood at 0.0%. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 100.0% over ten years.
Over the whole period, mineral rents in Solomon Islands peaked at 5.0% in 2012 and was at its lowest, 0.0%, in 1971.
That places Solomon Islands 95th out of 214 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.1% | — |
| 1980 | 0.2% | +201.2% |
| 1981 | 0.1% | -13.8% |
| 1982 | 0.1% | -43.6% |
| 1983 | 0.2% | +100.7% |
| 1984 | 0.2% | +11.3% |
| 1985 | 1.3% | +592.3% |
| 1986 | 0.3% | -78.9% |
| 1987 | 0.2% | -9.4% |
| 1988 | 0.1% | -51.0% |
| 1989 | 0.1% | -56.5% |
| 1990 | 0.0% | -31.3% |
| 1991 | 0.0% | +30.3% |
| 1992 | 0.0% | -20.1% |
| 1993 | 0.0% | -35.8% |
| 1994 | 0.0% | -100.0% |
| 1995 | 0.0% | — |
| 1996 | 0.0% | -30.1% |
| 1997 | 0.0% | -24.6% |
| 1998 | 0.7% | +7017.1% |
| 1999 | 1.2% | +87.8% |
| 2000 | 0.2% | -86.0% |
| 2001 | 0.1% | -19.1% |
| 2002 | 0.1% | -47.4% |
| 2003 | 0.1% | +7.3% |
| 2004 | 0.0% | -89.7% |
| 2005 | 0.0% | +1.7% |
| 2006 | 0.0% | +55.0% |
| 2007 | 0.0% | -100.0% |
| 2008 | 0.0% | — |
| 2009 | 0.2% | — |
| 2010 | 0.3% | +22.0% |
| 2011 | 4.7% | +1622.4% |
| 2012 | 5.0% | +7.6% |
| 2013 | 2.6% | -47.7% |
| 2014 | 1.4% | -46.3% |
| 2015 | 0.2% | -82.5% |
| 2016 | 0.2% | -18.9% |
| 2017 | 1.7% | +735.0% |
| 2018 | 1.6% | -4.3% |
| 2019 | 0.0% | -100.0% |
| 2020 | 0.0% | — |
| 2021 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 9 |
| 1980s | 0.3% | 0.1% | 1.3% | 10 |
| 1990s | 0.2% | 0.0% | 1.2% | 10 |
| 2000s | 0.1% | 0.0% | 0.2% | 10 |
| 2010s | 1.8% | 0.0% | 5.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Solomon Islands
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- 95 San Marino 0.0%
- 95 Sao Tome and Principe 0.0%
- 95 Seychelles 0.0%
- 95 Singapore 0.0%
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- 95 Slovenia 0.0%
- 95 Somalia 0.0%
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- 95 Saint Lucia 0.0%
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More energy & mining data for Solomon Islands
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.21 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 16.8% (2018)
Frequently asked questions
- What is mineral rents in Solomon Islands?
- Mineral rents in Solomon Islands was 0.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Solomon Islands?
- The highest recorded value was 5.0% in 2012.
- What is the lowest mineral rents recorded in Solomon Islands?
- The lowest recorded value was 0.0% in 1971.
- How does Solomon Islands rank for mineral rents?
- Solomon Islands ranks 95th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Solomon Islands?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.