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Solomon Islands: Total natural resources rents (% of GDP)

In , Solomon Islands's Total natural resources rents (% of GDP) was 18.40.

That's down 4.2% from 2020, the highest value since .

The global average for this indicator in 2021 was 6.63 . Solomon Islands ranks #27 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #5 of 35.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

Solomon Islands Total natural resources rents (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse

Highlights

Peak
22.92
Trough
7.11
1-year change
-4.2%
5-year change
+28.6%
+5.2% / yr
10-year change
-7.6%
-0.8% / yr

Historical Data — Last 10 Years

Year Total natural resources rents (% of GDP)
18.3950
19.1939
19.1454
22.3397
22.9193
14.3005
16.6665
20.6417
17.7681
20.8519

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy

Frequently asked questions

What was Solomon Islands's Total natural resources rents (% of GDP) in 2021?
In 2021, Solomon Islands's Total natural resources rents (% of GDP) was 18.40, according to World Bank Open Data.
Is Solomon Islands's Total natural resources rents (% of GDP) rising or falling?
Solomon Islands's Total natural resources rents (% of GDP) fell 4.2% from 2020 to 2021.
How does Solomon Islands rank globally on Total natural resources rents (% of GDP)?
In 2021, Solomon Islands ranked #27 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Solomon Islands's Total natural resources rents (% of GDP) compare to the world average?
The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Solomon Islands is above the world average. Within East Asia & Pacific, it ranks #5 of 35.
What is Total natural resources rents (% of GDP) and how is it measured?
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.