Palau vs Solomon Islands: Net trade in goods and services
Net trade in goods and services over time
- Palau
- Solomon Islands
How they compare
Palau currently reports -143.53 million BoP, current US$ against -214.25 million BoP, current US$ in Solomon Islands, a difference of 70.72 million BoP, current US$.
The two have swapped places 6 times across 19 shared years of data; in 2005 it was Palau ahead.
Palau ranks 94th and Solomon Islands ranks 97th of 199 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -56.07 million BoP, current US$ | -118.03 million BoP, current US$ | 61.96 million BoP, current US$ | Palau |
| 2010s | -65.42 million BoP, current US$ | -105.93 million BoP, current US$ | 40.51 million BoP, current US$ | Palau |
| 2020s | -158.56 million BoP, current US$ | -256.02 million BoP, current US$ | 97.47 million BoP, current US$ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Palau or Solomon Islands?
- Palau, at -143.53 million BoP, current US$ against -214.25 million BoP, current US$ in Solomon Islands as of 2023.
- What is the difference in net trade in goods and services between Palau and Solomon Islands?
- 70.72 million BoP, current US$, with Palau ahead.
- How many years of comparable data are there for Palau and Solomon Islands?
- 19 years are reported by both, from 2005 to 2023.
- How do Palau and Solomon Islands rank globally for net trade in goods and services?
- Palau ranks 94th and Solomon Islands ranks 97th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.