Solomon Islands flag

Solomon Islands GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
The Solomon Islands has a small Pacific economy supported by agriculture, logging, fisheries, services, and public investment. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.8%
Annual real GDP growth
World Rank
#105
Out of 195 countries
Change vs 2025
+0.1 pp
2025: +2.7%
Oceania Rank
#7
Out of 14 countries

1. Solomon Islands GDP Growth Rate in 2026

Economic growth is influenced by logging, agriculture, fisheries, infrastructure, household demand, and external assistance.

2. Solomon Islands GDP Growth Rate Trends (1980–2026)

The country’s growth history has been shaped by commodity exports, public investment, political instability, and natural disasters.

3. Solomon Islands GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +2.8% +0.1 pp
2025 +2.7% -0.3 pp
2024 +3.0% +0.2 pp
2023 +2.8% +5.4 pp
2022 -2.6% -2.4 pp
2021 -0.2% +3.2 pp
2020 -3.4% -5.1 pp
2019 +1.7% -1.0 pp
2018 +2.7% -0.4 pp
2017 +3.1% -2.5 pp

4. Solomon Islands GDP Growth Performance

Current Growth Rate
+2.8%
(2026 to 2026)
5-Year Average
+1.7%
(2022 to 2026)
10-Year Average
+1.3%
(2017 to 2026)
20-Year Average
+2.9%
(2007 to 2026)
The economy benefits from natural resources and development assistance, but weak infrastructure and a narrow export base constrain productivity.

5. Solomon Islands GDP Growth Rate vs Oceania and World

Solomon Islands
+2.8%
Oceania Average
+2.7%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
Solomon Islands’s GDP growth rate is approximately 0.1 pp above the Oceania average and 0.0 pp below the world average.

6. Solomon Islands GDP Growth Rate Ranking in Oceania

Rank Country GDP Growth Rate
#3 Vanuatu +3.5%
#4 Palau +3.3%
#5 Samoa +3.2%
#6 Kiribati +3.1%
#7 Solomon Islands +2.8%
#8 Tuvalu +2.5%
#9 Fiji +2.4%
#10 Tonga +2.3%
#11 Nauru +2.1%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Solomon Islands

Solomon Islands GDP (Nominal)
$1.8 Billion
(2026)
Solomon Islands GDP Growth Rate
+2.8%
(2026)
The Solomon Islands generally experiences more volatile growth than larger Pacific economies because a few commodity sectors dominate activity.

9. Solomon Islands GDP Growth Rate Forecast

The outlook depends on infrastructure, agriculture, fisheries, investment, and political stability. Climate and commodity risks remain important.
Year GDP Growth Rate Change
2027 +2.9% +0.1 pp
2028 +3.0% +0.1 pp
2029 +3.0% 0.0 pp
2030 +3.0% 0.0 pp

10. Solomon Islands GDP Growth Rate: Key Findings

Solomon Islands GDP growth rate is estimated at +2.8% in 2026.
It ranks #105 globally and #7 in Oceania by annual GDP growth rate.
The growth rate accelerated by 0.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.7%.
The 10-year average GDP growth rate is +1.3%.
The current rate is 0.1 percentage points above the Oceania average.
The current rate is 0.0 percentage points below the world average.
The forecast GDP growth rate is +3.0% in 2030, 0.2 percentage points above the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Solomon Islands GDP Growth Rate FAQs

Solomon Islands GDP growth rate is estimated at +2.8% in 2026.
Solomon Islands ranks #105 globally and #7 in Oceania by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.8% in 2026.
Solomon Islands GDP growth rate was +1.7% in 2015.
Solomon Islands GDP growth rate is 0.1 percentage points above the Oceania average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.