Solomon Islands: Tax revenue

The latest value from 2024 is 23.27 percent, an increase from 22.99 percent in 2023. In comparison, the world average is 18.03 percent, based on data from 92 countries. Historically, the average for the Solomon Islands from 2011 to 2024 is 24 percent. The minimum value, 20.96 percent, was reached in 2021 while the maximum of 26.61 percent was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.