Solomon Islands - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Solomon Islands was 2,656,072,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 3,279,557,000 in 2018 and a minimum value of 2,045,268,000 in 2011.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2011 | 2,045,268,000 |
| 2012 | 2,281,951,000 |
| 2013 | 2,498,301,000 |
| 2014 | 2,521,251,000 |
| 2015 | 2,664,439,000 |
| 2016 | 2,614,252,000 |
| 2017 | 2,870,965,000 |
| 2018 | 3,279,557,000 |
| 2019 | 2,942,202,000 |
| 2020 | 2,656,072,000 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Solomon Islands was 20.92 as of 2020. Its highest value over the past 9 years was 26.63 in 2013, while its lowest value was 20.92 in 2020.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2011 | 25.49 |
| 2012 | 26.05 |
| 2013 | 26.63 |
| 2014 | 25.60 |
| 2015 | 25.76 |
| 2016 | 23.86 |
| 2017 | 24.53 |
| 2018 | 26.19 |
| 2019 | 22.93 |
| 2020 | 20.92 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
