The ratio of national debt to gross domestic product (GDP) in Solomon Islands was forecast to continuously increase between 2024 and 2029 by in total 6.4 percentage points. After the seventh consecutive increasing year, the ratio is estimated to reach 28.27 percent and therefore a new peak in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like New Zealand, Vanuatu, and Samoa.
Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/
IMF. "Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/
IMF. "Solomon Islands: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/
IMF, Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/ (last visited December 22, 2024)
Solomon Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/728708/national-debt-of-the-solomon-islands-in-relation-to-gross-domestic-product-gdp/