Price level ratio of PPP conversion factor (GDP) to market exchange in Solomon Islands
Solomon Islands: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.7483 in 2024. ▲ Rising
Latest (2024)
0.7483
Change on year
up 0.9%
World rank
36th
of 202 countries
All-time high
0.9135
in 2018
All-time low
0.6252
in 2003
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Solomon Islands, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
Solomon Islands recorded 0.7483 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
Compared with earlier readings it is up 0.9% on the previous year and down 17.8% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Solomon Islands peaked at 0.9135 in 2018 and was at its lowest, 0.6252, in 2003.
Solomon Islands ranks 36th of 202 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7476 | — |
| 1991 | 0.7224 | -3.4% |
| 1992 | 0.741 | +2.6% |
| 1993 | 0.7552 | +1.9% |
| 1994 | 0.7659 | +1.4% |
| 1995 | 0.7941 | +3.7% |
| 1996 | 0.8347 | +5.1% |
| 1997 | 0.854 | +2.3% |
| 1998 | 0.7246 | -15.2% |
| 1999 | 0.7657 | +5.7% |
| 2000 | 0.7514 | -1.9% |
| 2001 | 0.7787 | +3.6% |
| 2002 | 0.6673 | -14.3% |
| 2003 | 0.6252 | -6.3% |
| 2004 | 0.6335 | +1.3% |
| 2005 | 0.6759 | +6.7% |
| 2006 | 0.703 | +4.0% |
| 2007 | 0.7439 | +5.8% |
| 2008 | 0.7671 | +3.1% |
| 2009 | 0.7691 | +0.3% |
| 2010 | 0.7722 | +0.4% |
| 2011 | 0.8343 | +8.0% |
| 2012 | 0.8904 | +6.7% |
| 2013 | 0.9027 | +1.4% |
| 2014 | 0.9106 | +0.9% |
| 2015 | 0.869 | -4.6% |
| 2016 | 0.8602 | -1.0% |
| 2017 | 0.8735 | +1.5% |
| 2018 | 0.9135 | +4.6% |
| 2019 | 0.8852 | -3.1% |
| 2020 | 0.8578 | -3.1% |
| 2021 | 0.7929 | -7.6% |
| 2022 | 0.7435 | -6.2% |
| 2023 | 0.7412 | -0.3% |
| 2024 | 0.7483 | +0.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.7483 is above the median for lower middle income countries, which is 0.327, 2.3× the median. (47 countries reporting)
- Solomon Islands's 0.7483 is above the median for East Asia & Pacific, which is 0.6017, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7705 | 0.7224 | 0.854 | 10 |
| 2000s | 0.7115 | 0.6252 | 0.7787 | 10 |
| 2010s | 0.8712 | 0.7722 | 0.9135 | 10 |
| 2020s | 0.7767 | 0.7412 | 0.8578 | 5 |
Countries ranked near Solomon Islands
More population data for Solomon Islands
- Population regions with projections, annual growth rate 0.2119 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.5637 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.2119 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.4946 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,225 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.01 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5357 % change on previous year (2100)
- Population growth rate 0.205 (2100)
- Population density 66.07 (2100)
- Projected population under age 5 114,738 (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Solomon Islands?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Solomon Islands was 0.7483 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Solomon Islands?
- The highest recorded value was 0.9135 in 2018.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Solomon Islands?
- The lowest recorded value was 0.6252 in 2003.
- How does Solomon Islands rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Solomon Islands ranks 36th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Solomon Islands?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release