Total natural resources rents in Solomon Islands
Solomon Islands: Total natural resources rents was 18.4% in 2021. ▲ Rising
Total natural resources rents in Solomon Islands, 1971–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
Solomon Islands recorded 18.4% for total natural resources rents in 2021.
That represents a change of down 4.2% on the previous year and down 7.6% over ten years.
Over the whole period, total natural resources 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 214 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.
Total natural resources rents in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 5.1% | — |
| 1972 | 8.4% | +63.9% |
| 1973 | 10.7% | +28.3% |
| 1974 | 5.5% | -48.4% |
| 1975 | 7.8% | +40.8% |
| 1976 | 6.9% | -11.1% |
| 1977 | 7.8% | +12.6% |
| 1978 | 5.6% | -28.9% |
| 1979 | 7.3% | +30.6% |
| 1980 | 7.0% | -3.7% |
| 1981 | 5.6% | -20.4% |
| 1982 | 9.6% | +72.7% |
| 1983 | 10.0% | +4.4% |
| 1984 | 6.6% | -34.5% |
| 1985 | 8.0% | +20.9% |
| 1986 | 9.9% | +24.5% |
| 1987 | 8.8% | -11.5% |
| 1988 | 6.9% | -21.8% |
| 1989 | 7.6% | +10.9% |
| 1990 | 7.9% | +3.5% |
| 1991 | 6.2% | -21.0% |
| 1992 | 10.3% | +66.2% |
| 1993 | 8.8% | -14.5% |
| 1994 | 7.8% | -11.3% |
| 1995 | 8.5% | +8.3% |
| 1996 | 9.2% | +8.1% |
| 1997 | 5.5% | -39.9% |
| 1998 | 6.6% | +19.0% |
| 1999 | 6.2% | -5.0% |
| 2000 | 5.3% | -15.5% |
| 2001 | 5.6% | +6.9% |
| 2002 | 7.1% | +26.4% |
| 2003 | 9.6% | +35.3% |
| 2004 | 7.4% | -22.8% |
| 2005 | 9.0% | +20.8% |
| 2006 | 10.7% | +19.1% |
| 2007 | 16.7% | +56.1% |
| 2008 | 18.6% | +11.7% |
| 2009 | 12.9% | -30.6% |
| 2010 | 15.8% | +21.9% |
| 2011 | 19.9% | +26.2% |
| 2012 | 20.9% | +4.8% |
| 2013 | 17.8% | -14.8% |
| 2014 | 20.6% | +16.2% |
| 2015 | 16.7% | -19.3% |
| 2016 | 14.3% | -14.2% |
| 2017 | 22.9% | +60.3% |
| 2018 | 22.3% | -2.5% |
| 2019 | 19.1% | -14.3% |
| 2020 | 19.2% | +0.3% |
| 2021 | 18.4% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 26 Russian Federation 18.5% compare
- 27 Gabon 18.5% compare
- 28 Mali 18.4% compare
- 30 Cape Verde 17.7% compare
- 31 United Arab Emirates 17.6% compare
- 32 Chile 16.9% compare
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 total natural resources rents in Solomon Islands?
- Total natural resources rents in Solomon Islands was 18.4% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Solomon Islands?
- The highest recorded value was 22.9% in 2017.
- What is the lowest total natural resources rents recorded in Solomon Islands?
- The lowest recorded value was 5.1% in 1971.
- How does Solomon Islands rank for total natural resources rents?
- Solomon Islands ranks 29th out of 214 countries with data for 2021.
- Is total natural resources 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 (WB), published as part of Total natural resources 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
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.